When buying a used car there are many concerns about what may already
be breaking or what's already been fixed. Over half of the used
cars out there today are being sold "as is" with no warranty
or guarantee. Once you purchase a "as is" vehicle you
are out of luck if it breaks down, even the very next day. Find
out a VIN Reportcan save you some grief and make your new purchase
a safe one.
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What's in a VIN Report?
A VIN Reportwill identify when a vehicle has been
totaled or wrecked. A vehicle will often receive a salvage or junk
notation on the title from various states. This is called a salvage
title.
On of the biggest rip offs is odometer rollback or mileage discrepancies.
This can cause you to spend thousands more than a vehicle is worth,
by believing it is a low mileage vehicle, when it in fact could
have 100,000 more miles than indicated on the odometer.
A series of rainstorms is not the only way to cause a flood. Flash
floods can occur in less than an hour, totally submerging a car
or truck. This water gets in the engine, rearend, and transmission.
It can ruin the interior, causing mold to grow in the crack and
crevasses.
Vandalism, accidents and mechanical malfunctions can cause a vehicle
to catch on fire. The water used to put out even a small fire can
get into the engine and interior. Many times the car has to have
windows replaced and be re-painted. Fire can ruin the original factory
interior.
A VIN Reportcan identify vehicles owned by major
rental companies.
If the vehicle was a manufacturer buy-back (lemon) and how many
records if any are contained in a complete VIN Report.
A VIN Reportcan identify vehicles which have been
operated as taxis or driven as a fleet vehicle.
A vehicle history can prevent you from unknowing buying a stolen
vehicle. You could lose 100% of all your money spent on buying a
stolen vehicle, as well as being criminally charged with receiving
a stolen vehicle.
If a lien were on the vehicle, which represents ownership interests
not otherwise, revealed a VIN Reportwould reveal this.
Why you need to view the history of a car
As harsh example is fraud by auto dealers. Take for instance Denver,
Colorado resident Mandy Travis. She learned that consumers can be
victimized by what the dealer does not disclose. After totaling
her car in an accident, Travis bought a '93 Honda Accord EX from
a used car lot. She thought the deal was a steal at $13,551.
After owning the car for a year, Travis toyed with the idea of
trading it in for a newer one. She visited a local Mitsubishi dealership
to find out what kind of vehicle she could move into with her trade-in.
After the dealer ran the Accord's vehicle identification number,
they told her they, or no other Colorado dealership, would give
her anything because the car was "salvaged."
"The dealer told me the car had never been rebuilt" Travis
says. "They lied to me."
Mandy Travis was lucky - her used car did not have any recurring
problems like most salvaged autos. In most states, selling a salvaged
vehicle is illegal, but it's still being done. 1.2 million salvaged
autos are recycled and sold at used dealerships each year. Auto
dealers know when they are selling a salvaged vehicle. Many used
dealers will often seek out salvaged vehicles to repair because
the it's much more lucrative for them.
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