2015 was the beginning of Kia and Hyundai engine issues with the 2011 and 2012 Sonata. The Theta and Theta II engines were defective and the Sonata owners endured no reprieve from the manufacturer. In May of 2015, a class action lawsuit was filed, but this was just the oil to grease the wheels… Later...
Read MoreThere could be hundreds of different scenarios of why one would need to obtain a duplicate or replacement title. The most common reasons are due to losing or misplacing the title, damaged/washed/burned, clerical mishaps due to incorrect signatures, erasures, strike throughs and using the ever hated white out. While an affidavit can hopefully correct the...
Read MoreIf you are planning on selling your vehicle to Carvana you better get cash or certified funds, because It looks like the “B” word for Carvana! Carvana is in deep trouble financially and is now facing BANKRUPTCY. Earlier this month, Carvana initiated drastic cost cutting measures and furloughed off 8% of their employees! Carvana rocketed...
Read MoreThe National Highway Traffic Safety Administration (NHTSA) launched over 1,000 safety recalls affecting nearly 35 million vehicles and other equipment in 2021. Safety means, FIX ME RIGHT NOW…many of the Vehicle Manufacturers will issue “Do Not Drive” statements to the vehicle’s public owner. This may be a direct communication or broadcast (print or other media)....
Read MoreNearly 20 million vehicles are sold casually in the US each year. Casually would mean C2C (consumer to consumer) or private sale. Dealers account for an additional 40+ million used vehicle sales per annum. A large portion of these vehicles are financed while private sales are generally cash deals. If your vehicle is financed (has...
Read MoreDoes Canadian History hurt the value of your vehicle? Unless it’s a weekend trip for your kid’s hockey tournament the answer is yes, absolutely! Crossing the border with a vehicle made for US Specifications isn’t the problem. A registration event and or change of ownership in Canada would create a history in CarFax and AutoCheck...
Read MoreCAR THEFTS! They’re growing fast in the USA. Whether for resale or parts, if you want to sell your car after it was stolen, you’re going to take a hit, even if it wasn’t damaged! That’s the way the market is. You just can’t catch a break if someone steals your car so lock it...
Read MoreIs it safe to sell my car to Carvana ? Unfortunately the answer is “probably not” and there is a great deal of evidence that would suggest it is very risky to sell your vehicle to Carvana. If you read what’s happening to Carvana in Michigan, Illinois and Florida they have been shut down by...
Read MoreMileage is the primary indication of wear on a passenger vehicle, so the short answer is yes! Mileage is mutually exclusive of age and will always have a profound impact on value erosion, irrespective of model year. Conversely, a vehicle with exceptionally low mileage will have more value than average with respect to older model...
Read MoreIs a NADA (National Automobile Dealers Association) Value for my car any good? Will somebody actually pay me that amount? Here’s the quandary with guidebook values…there are several out there including: NADA, Edmunds, BlackBook and Galves -plus a host of websites that will project a value for your vehicle. Most of these sites even give...
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