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Showing posts with the label #vehiclehistoryreport

Salvage or Branded Title Vehicle: Are the Savings Worth It?

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  The significantly lower price of a car with   total loss history   can be rather tempting. For someone shopping on a tight budget, that discount can make an otherwise unaffordable car seem within reach. However, as many of us know from experience, these types of deals almost always come with some trade-offs and possible hidden costs. The crucial decision surrounding a   branded car purchase   is whether the savings are large enough to justify the additional risks.   salvage-title-vehicle     In this article we will explore the benefits as well as the drawbacks. We will review the difference between a   clean-title vehicle   and one with a   salvage   or   rebuilt history , as beyond the drastic pricing differences.   What is a salvage title vehicle?   A   salvage title   generally means the vehicle was declared a total loss at one point in its lifetime. The most common cause of total loss evaluation c...

Odometer Rollback Fraud Spot It Before You Lose Thousands

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  While choosing to purchase a pre-owned vehicle is often considered a wise financial decision knowing how to spot some potential flags can make all the difference. Car buyers typically pay close attention to the vehicle's condition, maintenance history and mileage as it is displayed on the odometer. Unfortunately, the odometer may not always display the vehicle’s actual mileage. In fact,   odometer fraud   remains one of the oldest and most popular scams in the automotive industry, costing unsuspecting car buyers over one billion dollars every single year.   odometer-rollback-fraud     Odometer fraud occurs when someone intentionally alters or misrepresents a vehicle's mileage to make it appear less used, thus artificially inflating its value. Dishonest sellers and criminals can profit significantly by rolling back the odometer. The result is that buyers often overpay for a vehicle while unknowingly inheriting costly maintenance and repair issues.   W...