An expert's tips for shopping used cars. Step One: Make sure you don't just buy the shiniest one you see.
Vehicle History Report
In December 2012 Automotive News published a piece on dealers unhappy with Carfax, alleging that the most well known used vehicle history reporting company had maneuvered itself into a monopolistic position. Dealers were paying the price for it by being charged more for Carfax reports than they'd have to pay for those from similar agencies, and there was nothing they could do about it. Now it will be for a judge to figure out: Automotive News reports that 120 dealers have joined a class-action l
Ever wonder why Carfax seems to be the only company you ever hear about that offers vehicle history reports?
You may or may not know this, but that used vehicle on sale at your local dealership with a "clean" title could have been wrecked, stolen or involved in a flood. So much for the pristine title that you looked at before purchasing the vehicle. Congress and the Justice Department have known about this problem for decades and in 1992 the nation's governing body ordered the creation of a national database to show which vehicles were involved in thefts or other incidents.
Consumers wary of purchasing vehicles off eBay may take a bit of comfort in the online auction site's announcement that all vehicles built since 1981 will now include free vehicle history reports effective today. The "AutoCheck" information, supplied by Experian Automotive, will detail whether vehicles have been involved in major accidents, have salvage titles, have been stolen or repossessed, have had their odometers tampered with, or have seen special duty as a taxi or police vehicle. Of cours
I named my first car "Old Faithful" because it always started on the first try. That was also the nickname for my 1981 Ford Mustang until it lost compression in the number five cylinder. That's when it became "Someone Else's Car." Naming my car probably wasn't the coolest thing in the world to do, but I'm definitely not alone.
var digg_url = 'http://digg.com/business_finance/Attorney_estimates_Carfax_correct_60_of_the_time'; Many car-shoppers rely on Carfax to find information that may not be revealed by a dealership or independent seller. With so many cars selling on places like eBay Motors and Auto Trader, Carfax is one of the few ways to get information on a vehicle you've probably never seen in person. Just last month, however, Carfax settled a lawsuit in which it was accused of misleading customers to think it