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  • What To Do With Your Automobile VIN Number History

    March 17th, 2011  |  Published in Auto Insurance

    Did you know that the VIN number to your automobile is more than just a series of numbers used for identification? In fact, the VIN number of your car can actually reveal to you the history of your vehicle. How can this be so? With a VIN number, you can find out who owned you are car in the past, whether or not the vehicle has been in any accidents and more. In fact, the VIN number is often used from car dealers that travel from home to automobile auctions to determine whether or not a vehicle is worth bidding on before they travel to the auction and place their bids.

    Much like a strand of deoxyribonucleic acid (DNA), the VIN number of your vehicle is an identification number like no otherthe VIN number of your vehicle relates solely to the vehicle you have purchased or you plan on purchasing and no other vehicle in the world has the same VIN number as the one your car possesses. In fact, there is even a decoding process when it comes to VIN numbersa VIN number can be decoded by breaking down the various combinations of letters and numbersall which have a significant meaning. For example, one number will denote the country that the car was built in, another number will denote the manufacturer, and certain numbers even denote the cars features.

    Conversely, the VIN number can also provide you with information about odometer readings; whether or not the car has ever been stolen; if the car has experienced flood damage; and whether or not there have been recalls on parts associated with the vehicle. You can also find out if there is or ever was a lien on the cars title, if it had ever been repossessed, and if it suffered major damage in the past. So, what does all this information mean to you? Basically, consider it fuel for a positive purchase when you are buying a carthe more you know about the vehicle, the better decision you will be able to make when buying it. Conversely, if you already own the vehicle, knowing the cars history is vital in giving the car the proper maintenance it needs. Also, you may be able to foresee problems in the future that originate from past issues with the vehicle.

    In the end, you should visit a website that allows you to check on the VIN number of any vehicle. In fact, some sites let you run a free VIN number check so that you can test out there services. Using your preferred search engine, you can easily locate a VIN Number checking website. You will find such services well worth the visit.

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    Tips On Dealing With Auto Fraud

    February 10th, 2011  |  Published in Auto Insurance

    The auto industry and their dealers are rife with scams and fraud and the potential buyer needs to be armed with the knowledge of how these scams work and how to avoid them. There are many dealers that run reputable businesses and can get buyers into a vehicle without using fraudulent means, but there are always those individuals or companies that are looking for ways to take consumers for a ride. The state of California, San Diego and Los Angeles in southern California in particular, is home to many of these scam artists. Even smaller states like Oklahoma have their share of fraud cases and attorneys there are as busy as lawyers in the larger California market. If you are fortunate, you won’t be a victim of one of these disreputable dealers, but it is wise to be aware of potential scams before you head to the dealer. Here are some tips on dealing with auto fraud.

    People with bad credit are often the victim of fraud at dealerships. They are easy prey, often due to the fact that they believe they cannot get financing. The worst offenses usually occur in the finance office, where the potential buyer often lets their guard down. One way to lessen the chance of being scammed is to show up with no trade and to have your financing done through your bank, with a bank draft in hand.

    One of the most common frauds committed by car dealers and one that attorneys see frequently brought to them is the advertising fee scam. Dealers slip into the contract an advertising fee. Often times the advertising fee is on the factory invoice. Dealers add in a second advertising “fee” which becomes pure profit for them. The way to avoid it is to simply ask that it be taken off the contract. If the dealer tells you that the factory doesn’t charge them an advertising fee, have them show you the invoice. If there is no fee on the invoice, which is unlikely, it is okay for the dealer to charge between 1% and 3% of the Manufacturers Suggested Retail Price or MSRP for an advertising fee. If it does not appear on the invoice, then the fee is completely negotiable. If it does appear on the invoice, then that is a case of dealer cost and is not negotiable.

    If you feel you are the victim of auto fraud, the best way of dealing with it is to contact a lawyer and learn what your options and rights are. If you have a good case, a lawyer will have no problem presenting your grievance to the court.

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    Internet the Worlds Biggest Auto Marketplace

    November 11th, 2010  |  Published in Auto Insurance

    The next time you need to sell or buy a used car you dont need to rush to dealers and spend precious time negotiating the best deal. The internet has come to the rescue once again. Following the success of various classifieds sites including job sites, dating sites, real estate site etc auto classifieds sites are the next big thing. Online used cars & bike classifieds are a big draw for buyers and sellers because of the many features they offer which conventional newspaper classifieds lack.

    Features of Online Auto Classifieds:

    1.Full page color ads
    2.Multiple photos of your vehicle
    3.Country wide ad listing for long periods up to three months
    4.Personal account & response management system
    5.Privacy options (manage responses via online mailbox only)

    These features are available to users of most auto classifieds websites such as Indimoto.com. Users can search according to various parameters such as city, make, model, year etc and get the exact match they are looking for much easier than browsing through pages and pages of newspaper classifieds. US based sites such as Edmunds.com have gone a step further and conduct their own research on used cars to ascertain the desirability and pricing of various models in the used car market. An Indian auto classifieds site Indimoto.com has gone a step further and introduced separate sections for cars, bikes and commercial vehicles.

    Indimoto.com is also Indias first carpool site where users can search and post carpool ads. Its not just individual users who are using these sites, car dealers are finding it very beneficial to sell their vehicle inventory online considering the many features on offer. For people who do not know or use the internet dealers can help in selling their vehicle via these auto classifieds sites. You must be wondering about how much it costs to post an ad on such sites. Certain sites are paid sites while sites such as Indimoto.com are completely free to use. Financially it makes a lot of sense to use auto portals since buyers and sellers never need to pay any commission or brokerage for deals done via the site. The site gets buyers in touch with the sellers directly.

    So the next time you need to buy or sell a used car or bike look no further that the internet.

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    Auto Service Contracts 101: The Need-To-Know Facts

    June 10th, 2010  |  Published in Auto Insurance

    Today, buying car is not just simply buying a car. This is because when a person wants to buy a car, there are many additional services that tag along. One great example of these so-called extras is the auto service contract.

    These auto service contracts are not necessarily required by most car dealers. However, most car buyers are enticed to get one in order to protect themselves against unforeseen circumstances such as expensive car repairs.

    Generally, auto service contracts are pledges made by the agency, usually the car dealer, responsible to provide the necessary services or repairs that the buyer or the contract holder is entitled for.

    The problem with some people is that they categorize auto service contract as the same with extended car warranties. What they do not know is that car warranties are normally included in the price of the new car bought while auto service contracts can be obtained any time even if the person did not buy a new car. Moreover, auto service contracts are always an additional cost for the car buyer meaning he may or may not obtain an auto service contract.

    However, just like the other financial decisions, careful deliberation is extremely important before making some final decisions. This is because not all auto service contracts are made equal.

    Here is a list of the factors that need to be considered when getting an auto service contract:

    1. Buyers should be aware of the terms and conditions stipulated in the auto service contract.

    In every agency or company that provides auto service contracts, each has its own terms and conditions. Hence, it is important for every buyer to know first the terms as stipulated in the contract so as to know what kinds of details are included and what are those that are not included.

    2. Buyers should know the specific entity who will perform the required services.

    In this way, the buyer would know what goes on when a certain service is required. In this way, the contract holder would know where to ask for the repairs and to whom they should ask for the needed services.

    3. Know the reputation of those who will provide auto service contracts.

    It is extremely important to know how long the company or the dealer has been in the business. Along with it comes the reputation that has been built for so many years of reliable services and performances that the customers were able to testify.

    The important thing here is that people should be aware of what they are paying for. After all, its their money that is at risk.

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