Buying a pre-owned vehicle in today’s climate can be an exciting, but scary process. Therefore, understanding a vehicle’s ownerships history is a key step in the purchasing process. What is uncommon knowledge is that a significant number of pre-owned vehicles that are sold at auto dealer auctions come from rental car companies and [...]
One important aspect when shopping for a new or pre-owned vehicle is the value of your trade in vehicle. Today, let’s talk a little about what happens when you take a vehicle into a dealer to get your trade-in appraised.
Generally speaking, you want to negotiate the price of the vehicle you are looking to buy [...]
As metropolitan Atlanta continues to grow, then the number of miles that we drive and put on our vehicles increases. On Average people in the Atlanta metropolitan area put roughly 15,000 to 30,000 miles per year on their vehicles. As such, the more miles your vehicle accumulates during the course of your ownership, then that [...]
I have 3 days to return the car.
It is a common myth among consumers that with every new and used vehicle purchase they have 3 days to change their mind and take the vehicle back, this is known as the three day right to rescission. This is partially true but considered a myth because the [...]
Salvage titles are assigned to cars that are viewed as a total loss by insurance companies, and are also known as branded titles. This doesn’t mean the car can’t be driven, but vehicles branded with salvage titles have lower market values and are difficult to sell.
Title washing clears away a vehicles branding. Once the branding [...]
It is very important to measure the paint thickness to find out if a car you are interested in has ever been in an accident, has refinishing of rusted areas or other repairs.
Let’s talk a bit about conventional lending and who does and does not qualify. Conventional lending refers to loaning money on vehicles to individuals with higher credit scores, or “A paper” as they are sometimes called.
Most lenders look for credit scores above 700 to lend to. In today’s economy maintaining a 700 plus credit or [...]
There are a lot of people under the misconception that when they purchase a new car from a franchise dealer they must return their vehicle to the same dealer to get that same car serviced. The reason so many consumers are under this notion is by design. When they take delivery of their new car [...]