The Top 6 Most Actively Traded Stocks

These top 6 market movers are the bread-and-butter for many traders/investors and yield enormous possibilities for high returns. They are companies with the most shares traded or the highest dollar volume of shares traded over one trading day.

By clicking the link above you will automatically opt-in to receive emails from ActivaTrade

Edmunds: Avoid these 3 mistakes when buying a used car sight unseen

JOSH JACQUOT
April 17, 2024

It's easier than ever before to buy a used vehicle online. Unfortunately, that also means it's easier than ever before to make a purchase you might later regret.

Buying a vehicle online and sight unseen allows you to potentially shop the nation's entire inventory of cars rather than what just happens to be sitting around at your local dealership. That's a big advantage whether you want something very specific or simply the best price or the lowest miles.

Many shoppers, though, forget the basics when shopping online. Edmunds ? car experts examine the three common mistakes people make when buying a car online and explain what you can do to avoid them.

RUSHING INTO A PURCHASE

Most auto retailers are invested in the business and they do their due diligence to protect you and themselves throughout their buying, reconditioning and selling process. But that doesn't mean a vehicle will be perfect. Rushing into a purchase without conducting thorough research or seeking expert advice increases the likelihood you'll regret your decision.

Make sure to get a vehicle history report from a reputable third party like Carfax or Experian. Many dealerships offer these reports for free in the car listing. You'll likely need to purchase the report on your own if you're buying from a private seller or an auction site. Spend time reviewing the report. Accidents and repairs in a car's history are rarely obvious in photos, even if they've been poorly repaired.

Talk to the seller directly before purchasing. Ask the seller for more pictures of interior scuffs, door dings and scratches. A video call that includes a walk-around of the car is a great idea as well. Ask that the car be in a well-lit area and ask to be shown specific aspects of the vehicle that are of interest to you.

Think carefully about the seller's reputation. If it's a dealership, make sure to carefully read its recent online reviews. More importantly, is the seller willing to help you be comfortable with the transaction? Take your time to gather information, compare options, and make an informed choice.

NOT READING THE FINE PRINT

Certain online auction sites offer a detailed description of the vehicle for sale that's intended to reveal specific flaws and defects. But most car listings from dealers or resellers are templated and only reveal features, specifications, price and mileage. In those cases, due diligence is crucial.

However, in the absence of a detailed description, many resellers and some dealers offer a return policy designed to bring security to the transaction. Understanding the terms of this policy, which is usually between one week and one month long, will help you make an informed decision about a long-distance purchase. Shipping fees are almost always nonrefundable.

Some resellers and some dealers will offer a very limited warranty with their cars. Most are for several months or several thousand miles. But it's worth reading the exclusions sections of these warranties carefully. You may need to ask for the specific warranty terms if they're not made available in the listing. And then you'll need to judge how much protection against future costs those terms provide for you.

NOT DOING A PREPURCHASE INSPECTION

In instances in which a car has been in a prior accident, some large resellers will recommend an inspection by a third party in their vehicle history report. Take that seriously and be prepared to part with $150 to $400 to have the car inspected. More costly prepurchase inspections should involve tests on the engine that will give you a picture of its health and likely durability. Less costly inspections will still have someone under the car doing all the things that many sellers have already done - looking for leaks, inspecting axles and tires, and giving the car a good once-over.

Paying for an inspection increases the chances of discovering problems like underbody rust that will rarely be obvious in standard photos. Cars from northern states might look great in superficial photos, but even a few years on icy roads treated with salt will cause surface corrosion on suspension and underbody components. That's worth knowing about before you write a check.

EDMUNDS SAYS

In the end, sellers should respect a buyer who's serious, prepared and diligent whether in person or thousands of miles away. Taking your time, knowing as much as possible about the car, and understanding the terms of the sale will ultimately make your car buying and ownership experience a good one.

____

This story was provided to The Associated Press by the automotive website Edmunds.

Josh Jacquot is a contributor at Edmunds.

Continue Reading...

Popular

Lilly rides Mounjaro, Zepbound to better-than-expected 1Q profit despite supply issues

Rapidly climbing sales of the and its counterpart for diabetes, Mounjaro, pushed Eli Lilly to a better-than-expected first-quarter profit.

Asia Up, Europe Mixed, While Yen Surges Against Dollar - Global Markets Today While US Slept

US stock markets closed higher, driven by strong earnings and mild inflation data. Asian markets also gained, while eurozone and oil prices dipped.

Did This Crypto Millionaire Humiliate Himself? - Ad

On September 2022, crypto millionaire James Altucher published a video saying he had sold all his Bitcoin... and doubled down on this crypto instead. At the time, cryptos had already dropped 70%. But James still said this crypto was a good investment. Was he right? Or did he embarrass himself?

Macy's names 2 independent directors as part of agreement with activist investor

NEW YORK (AP) — Macy's said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain.

Judge dismisses Meta shareholder lawsuit claiming that directors' obligations extend beyond company

DOVER, Del. (AP) — A Delaware judge on Tuesday dismissed a shareholder lawsuit asserting novel claims about the roles of corporate leaders and arguing that the loyalties of Meta directors and company founder Mark Zuckerberg should not lie exclusively with the social media giant.

Biden's Closed-Door AI Meeting - Ad

Things are moving so fast, President Biden just met with 8 of the top AI experts in the world to figure out how to regulate it. And this small-cap is at the center of this AI-biotech revolution.

Walmart launches store-label food brand as it seeks to appeal to younger shoppers

NEW YORK (AP) — Walmart said Tuesday it is launching its biggest store-label food brand in 20 years in terms of its breadth of items, as it seeks to appeal to younger customers who are not brand loyal and want chef-inspired foods that are more affordably priced.

The Military Is Handing You This Win - On a Silver Platter - Ad

The Ukraine war isn't being won just by its soldiers, it's being won by software. This "living software" has been such a difference-maker, the U.S. Army just signed a $1 billion contract with the company.

Shiba Inu Army Cheers As Burn Rate Soars 172%, Price Rebounds

Dogecoin killer Shiba Inu (CRYPTO: SHIB) has experienced a significant surge in its burn rate, increasing by an impressive 172%.

Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing

BOISE, Idaho (AP) — Months after a more than 2,200 homes in Hawaii, some property owners are getting more bad news — their property insurance won't be renewed because their insurance company has deemed .

Buy This A.I. Stock Before Elon's "A.I. Day" on May 16 - Ad

Luke Lango is now recommending this little-known A.I. stock because it could supply Elon Musk with a critical piece of infrastructure for his new A.I. venture, something Luke is calling "Elon's A.I. 2.0". Once Elon reveals it on May 16, you may have missed the biggest gains.

Jim Cramer Explains What Could Trigger Further Market Decline: 'If You Want To Get Out, Go Ahead ...'

CNBC host Jim Cramer has outlined potential factors that could lead to further market decline, advising investors to be cautious about their buying and selling decisions.

Lottery bids for skilled-worker visas plunge in the US after changes aimed at fraud and abuse

SAN DIEGO (AP) — Lottery bids for highly educated worker visas plunged nearly 40% this year, authorities said Tuesday, claiming success against people who were “gaming the system” by submitting multiple, sometimes dubious, applications to unfairly increase chances of being selected.

Has Jeff Bezos Found the Next Nvidia? - Ad

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media

DOVER, Del. (AP) — A Delaware judge on Tuesday granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a lawsuit filed by two cofounders of the company.

Without Titanium, U.S. National Security Is in Peril - Ad

The U.S. Geological Survey added titanium to its recent list of minerals vital to our economic and national security. Unfortunately, the U.S. produces nearly no titanium. Most production lies with our geopolitical foes, Russia and China. That's why more North American titanium is urgently needed.

Europe's economy shows signs of life with 0.3% growth in 1st quarter as inflation, energy woes ease

FRANKFURT, Germany (AP) — Europe's economy perked up slightly at the start of the year, recording 0.3% growth in the January-March quarter compared to the last three months of 2023 as the inflation burden on consumers eased and the stagnating German economy, the continent's biggest, started to show modest signs of life.

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

Winner of $1.3 billion Powerball jackpot is an immigrant from Laos who has cancer

SALEM, Ore. (AP) — One of the winners of a last month is an immigrant from Laos who has had cancer for eight years and had his latest chemotherapy treatment last week.

Jim Cramer Turns Bullish On Palantir: 'Make A Move And Buy Some'

CNBC’s “Mad Money” host Jim Cramer has given a thumbs up to Palantir Technologies Inc. (NYSE:PLTR), sparking interest among investors.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

EXCLUSIVE: How The Bitcoin Halving Could Transform The Market

The clock is ticking down to the next monumental event in the cryptocurrency world: the Bitcoin halving.

A strong quarter for Wall Street lifts Goldman's first-quarter results

NEW YORK (AP) — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets' performances in the first months of the year.

MUST SEE By May 1: Beware Biden's Trojan Horse - Ad

It could usher in the most radical transformation of our money we've ever seen in America's history... trigger a surprise election outcome in the coming months... and fundamentally alter the value of your savings forever. One 24-year market veteran warns that most Americans simply aren't prepared for what's coming on May 1.

Walmart to close its 51 health centers, virtual care service

Walmart is closing its health centers and virtual care service as the retail giant has struggled to find success with the offerings.

FBI Chief To Warn Congress Of Potential Coordinated Attack In US Similar To Russia Massacre: 'Threats To Our Public Safety And National Security...So Elevated'

FBI Director Christopher Wray is expected to raise concerns about the possibility of a coordinated attack in the United States, similar to the recent massacre in Russia, in a congressional hearing on Thursday.

Bitcoin Gained 164% in 2023 but Crypto Millionaire Abandoned It for This - Ad

A certain crypto genius and millionaire has been praising Bitcoin since it was trading for $61. Even though it gained 164% last year, he's now recommending a different cryptocurrency. In fact, he's betting his own money on and buying it like crazy.

5 cars from the Beijing auto show that reflect China's vision for the future of driving

BEIJING (AP) — China's vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing .

San Francisco sues Oakland over new airport name that includes 'San Francisco'

SAN FRANCISCO (AP) — San Francisco on Thursday sued Oakland after officials there voted in favor of changing the name of the city’s airport to San Francisco Bay Oakland International Airport, saying the change will cause confusion and is already affecting its airport financially.

The Man Who Bought Bitcoin at $5 Reveals His Next Tiny Crypto Gem for 2024 - Ad

Early Bitcoin Millionaire Charlie Shrem just revealed his five little-known crypto coins that he believes could create generational wealth over the next 12 months. What's more, some of these tiny cryptos he's discovered trade for less than $1!

Why Media Company Omnicom Shares Are Trading Higher Premarket Today

Omnicom Group reported 5.4% revenue growth, with organic growth of 4.0%. Adjusted EPS beat expectations.

Netflix Stock Sized Up By 7 Analysts Post Q1 Results: 'Pivot From A High-Growth, Low-Profit Business To A Slow-Growth, High-Profit Business'

Streaming leader Netflix reported first quarter financial results that were higher than estimates. The company's outlook and decision to stop reporting subscriber figures are weighing on analysts.

Time to Sell NVDA? 50-Yr Wall Street Legend Weighs In - Ad

If you currently own NVIDIA (NVDA)... Or were thinking of buying it in the weeks ahead... I urge you to review my recent interview before you move your money. There's a BETTER AI stock to buy than NVDA right now, especially in the coming $7 trillion A.I. boom.

Southwest Airlines is considering changes to its quirky boarding and seating practices

DALLAS (AP) — Southwest Airlines is studying changes to its quirky boarding and seating policies as it searches for ways to .

One Crypto Can Change Your Financial Life - Ad

The catch is you won't be able to become a millionaire by buying Bitcoin today. There are five little-known coins I've discovered that I believe will skyrocket over the course of the next few months.

Elon Musk Gets Fresh Challenge In His X Plans As Naval's Airchat App Begins Making Buzz

AngelList co-founder Naval Ravikant has launched a new social media app called Airchat, to take on Elon Musk's hate speech-inundated X.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service