Posts

What is a Total Loss Vehicle?

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  A vehicle is considered a total loss when it undergoes significant damage due to various events such as collisions, storms, fires, thefts and other types of catastrophic damage. Typically, a vehicle is declared a total loss by the insurance company when the vehicle is damaged to the point where the cost of repairs exceeds the vehicle’s value. But what exactly does this mean and what are the implications for the vehicle’s owner and potential buyers? Total Loss Vehicle   How is a Total Loss Vehicle Determined? The process of determining whether a vehicle is a total loss typically involves an inspection by the insurance company’s adjuster alongside the auto body repair shop. The adjuster will assess the damage to the vehicle and estimate the cost of repairs based on the replacement part costs, repair time, storage fees and repair related materials such as paint and primer. If the cost of repairs exceeds the vehicle’s value, the vehicle will be declared a total loss. At which ti...

What Does the Car You Drive Say About You?

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  For a lot of people, a car is more than just a mode of transportation — it’s a reflection of their personality, lifestyle and values. The type of car you drive can convey a lot about who you are and what you’re about, whether you like it or not. A car can serve multiple purposes beyond your basic transpiration. Car as a Status Symbol Certain high-end luxury and exotic vehicles can serve as a status symbol resonating the owner’s wealth and possibly status within the community. People attracted to these high-end vehicles from various Italian brands such as Maserati , Ferrari as well as German brands such as Porsche , Audi , Mercedes-Benz and BMW . The motivating factor for buying these vehicles is to convey a sense of wealth and success to others. These status symbol vehicle’s owners tend to be more concerned with vanity than with the actual vehicle brand and are not always car hobbyists and fanatics. Car You Drive   Car Hobbyists Car hobbyists are attracted to a large varie...

What is considered a bad or a dirty title?

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When buying a pre-owned vehicle , there are many things to consider, from the car’s history and condition to its price and financing options. However, there is an issue that some may easily overlook, and it has to do with the vehicle paperwork. Vehicle title document happens to be one of the most important documents you must check before committing to the purchase. A clean title can give you a peace of mind but a dirty one can lead to decreased reliability, decreased resale value and various other financial as well as legal headaches. In this article, we’ll explore some common vehicle title issues to look out for when purchasing a pre-owned car. buying a pre-owned vehicle   What is a Vehicle Title? A vehicle title is a document that proves ownership of a vehicle. It’s issued by the state’s Department of Motor Vehicles (DMV) and includes information such as the vehicle’s make, model, and year as well as the owner’s name and address. The title also includes a unique Vehicle Identifi...

10 Commonly Used Car Scams to watch out for

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  Buying a used car can be a daunting experience especially for those who are new to the process. With so many scammers out there, it’s easy to get taken advantage of. But don’t worry, we’ve got your back. In this article, we’ll expose the top 10 used car scams and provide you with the inside scoop on how to avoid them. 10 Commonly Used Car Scams to watch out for   1. The Odometer Rollback You’ve probably heard of this deceptive and highly illegal practice before. Odometer rollback is the act of manipulating the vehicles odometer, most commonly to alter the total mileage the car was driven. Making the vehicle appear to have lower mileage may make the car more attractive to potential buyers and fetch a higher premium. It’s a clever trick but it’s not foolproof. Here’s how to catch them in the act: check the odometer reading on the car’s title and compare it to the reading on the odometer. Always run a VinCheckUp vehicle history report to check for last reported odometer readi...

How to Determine Vehicles yearly maintenance costs

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  As a car owner, it’s essential to budget for yearly maintenance costs to ensure your vehicle runs smoothly and efficiently. However, determining these costs can be a bit challenging, as they vary greatly depending on several factors, including the vehicle’s year, make, model and condition. In this article, we’ll explore how to estimate your vehicle’s yearly maintenance costs and provide tips on how to save money on repairs and maintenance . There are multiple reasons why yearly maintenance costs cannot be just averaged out based on some generic stats and figures. In fact, each vehicle will have its individual requirements and standards beyond what is recommended by the manufacturer. To fully understand and plan for upcoming vehicle maintenance it is vital to explore all the factors that influence your specific vehicles maintenance costs. Vehicles yearly maintenance   Factors Affecting Vehicle Maintenance Costs There are several major factors that influence the maintenance co...

Understanding Vehicle Depreciation and How it Affects Your Bottom Line

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  When   buying a new vehicle , one of the most important factors to consider is depreciation. Depreciation is the loss of value of a vehicle over time, and it can have a significant impact on your bottom line. In this article, we will explore the concept of vehicle depreciation, provide examples of makes and models with high and low depreciation rates, and emphasize the importance of researching the   car make and model   for depreciation rate   before buying .   Understanding Vehicle Depreciation     What is Vehicle Depreciation?   Vehicle depreciation is the decrease in value of a vehicle over time, resulting from wear and tear, technological advancements, and changes in consumer demand. It is a natural process that affects all vehicles, but the rate of depreciation can vary significantly depending on the make, model, and condition of the vehicle.   Factors that Affect Vehicle Depreciation:   Several factors contribute to vehicle...

The Rise of Autonomous Vehicles and the risks posed on consumers

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  In recent years, electrification in vehicles has revolutionized the   automotive industry   with new driver aids and various levels of advanced driverless technologies being installed in many of the new vehicles on sale today. Beyond clean energy and sustainability goals there may be something sinister laying behind this effort to electrify the future. In this article we want to address some of the more potentially controversial topics related to driverless technology.   This cutting-edge technology offers car owners unprecedented convenience. Just imagine arriving at your desired location without ever needing to find a parking spot. The modern   car   can autonomously find a parking spot on its own—this futuristic vision is now becoming reality. We are on the brink of full vehicle autonomy. You no longer need to waste time searching for parking, remembering where you parked your car, or worrying about squeezing into a narrow door opening just because ano...