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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 [...]
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 [...]
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 [...]
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