Monthly Archives: August 2010

A salvage car is one that has been involved in a major accident and been deemed to not be worth repairing by an insurance company. As an insurance company declares a vehicle, it pays the maximum market value of the vehicle to the insured and then disposes of the vehicle by auction it off to the highest bidder. The vehicle is then issued a special type of title by the states where the vehicle is registered. Any salvage title has a stigma that is always attached to it and is worth nowhere near as much as than comparable vehicle that has a clean title — even if the vehicle …

Read more Comments

2

1. Test Drives: NEVER talk about price until you test-drive the vehicle. Test-drive multiple vehicles at multiple dealers and make them compete for your business. You will never know if you like it until you take a test drive. Let the dealer know you are still shopping around. 2. Financing: NEVER tell the dealer about your pre-arranged financing; you want the dealer to think you are paying cash. If you have gone online and applied for a car loan, you are a cash buyer in their mind. This will get you a good price and will not allow the dealer to manipulate you into thinking you are getting a …

Read more Comments

0

Everybody is at a disadvantage when going to a dealership and negotiating for a car. Staying in control of the process is the key during all kind of negotiations. Remember that you are the one making the purchase, the dealership is there to serve you – it should never be the other way around. Online lending has become very popular with consumers because they can apply for a car loan before ever stepping foot in the dealership. This helps to put them in control of both the car buying process and over the financing portion of the sale as well which historically has been the largest profit piece of …

Read more Comments

3

One of the most popular types of fraud today involves auto insurance, particularly in staged auto accidents.  These scams have become rather sophisticated to a point where they often involve numerous participants. Auto accidents sometimes turn to be no accident at all, but a staged production by criminals where you are unknowingly and innocently made an actor. Before you take to the road, learn to recognize auto accident scams to help keep away you and your family from becoming victims. Don’t Be a Victim All the time try to drive carefully to help ensure your safety and lessen the probability of having an auto accident. In case you are …

Read more Comments

0

Criminals use numerous methods of car cloning. The source of all these methods is stealing the other car’s “identity”. Criminals take the registration plates from other cars of the same model and color put them on their vehicles thus making a “clone” of another vehicle. Generally the cloned vehicle owner notices very quickly that the number plates have disappeared. So the owner pays a certain sum of money to replace the plates. Nevertheless he/she is not aware that now a cloned car exists and somebody uses it under the new identity, perhaps for some kind of illegal activity. The owner of this cloned car can leave without paying for …

Read more Comments

0

Never NEVER buy a car that you have not seen in real life NEVER buy a car that have not been inspected by a professional mechanic NEVER transfer your money bank-to-bank during a deal NEVER belief a dealer who says that the transaction is guaranteed. The online marketplace such as eBay, Craigslist, PayPal and others do not exclude, that people from around the world using their services are legal. NEVER buy a car from someone who is not capable or unwilling to meet you face to face NEVER make a deal with sellers who want to conclude a transaction as quickly as possible. Scammers want to get your money …

Read more Comments

1

DealerFraud.org continues to inform you about the some measures you could take to avoid becoming a victim of auto scams. Generally, it is recommended to keep with you a camera, paper and pen

Read more Comments

1

Insurance are paying millions to defend themselves against car scams where people stage an accident in the hope to making some gains through insurance claims. How do these scams affect you? Besides any possible deaths could occur from a planned scam gone wrong, it is not the insurance companies who pay the consequences of these wicked scams. Factually the innocent and honest citizens end up paying higher premiums so insurance companies could cut their losses. You should learn how to prevent getting in the middle of these scams and should contact your insurance if you feel you could be scammed or are a witness to a scam. You could …

Read more Comments

0

As you look for a used car, you might come across the phrase “salvage title” in a used car advertisement. The price is going to seem right and you’re really going to buy it. Used car salvage titles are not bad idea at all, but make sure you know what you’re getting into before purchasing a used car with a salvage title. Here you have four things for you to do before buying a vehicle with a salvage title: •    Understand What a Salvage Title Is •    Get a CarFax report •    Get a Qualified Inspection •    Weigh the savings vs. future costs Understand What a Salvage Title Is …

Read more Comments

0

Unhappy used car shoppers are finding out horrible information after purchasing used cars. They are learning that their cars have been damaged in floods and they didn’t realize it before purchasing the car itself. Here are some tips that can help you to escape being stuck with a vehicle that has many hidden repairs needed which can cost you much more than you planned on spending when you purchased that used vehicle. Water-damaged car is something that can be much easier to hide than it is to repair, that is the reason you need to inspect in hidden areas to determine if the used car you are considering to …

Read more Comments

3