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The price of a used car depends upon the car you choose, the existing condition of the car, features of the car, and its current value excluding depreciation.

Financial options can be availed while buying used cars as well. There are many financial institutions that offer low-interest and small amount of down payment.

You need to check the used car's exterior and interior, take it for a test drive, perform a leak test, have a mechanic inspect it, check the right price, and review the vehicle history report.

As a rule of thumb, the average car will rack up 20,000 km per year ﾗ the distance manufacturers use to determine standard warranty coverage. A seven-year-old model should have 140,000 to 150,000 km on the odo. If it has traveled considerably more, deduct cash for high mileage. The ideal answer is yes.

The best used cars to buy are- Honda Fit, Toyota Corolla, Matrix, Prius, Camry, Avalon, and Honda Accord. Even the Lexus CT, ES, IS, GS, Mazda MX-5 Miata, and Toyota Venza make for a sensible buy.

Annual mileage is a set amount of miles specified on a car leasing agreement. For each year of the agreement, a maximum amount of miles that the car can drive is set and should not be exceeded. This limit is decided when the agreement is taken out by both the lender and the customer.