How to find out if a Vehicle has been wrecked
While you can save tons of money purchasing a used car, it's still a scary proposition. Every year we hear stories about people purchasing used cars that have actually been in major collisions. To be honest, it's easy for auto rebuilders to fix these vehicles up and put them back into the circulation. Unfortunately, we're the ones that have to deal with the long term issues.
If you want to look at it on a financial standpoint, the cost to fix it is greater than its value. If this happens then the insurance company will consider it a total loss. If this happens to you, the amount paid will be equal to the value of the car before the accident. Once this transaction takes place, the car is sold at a salvage auction. Then again, you can keep the totaled vehicle. Whatever the case may be, these get fixed, and then are sold for full market value.
Even if a car looks new and well kept, you might be surprised to learn that it may have sustained major damage. The title to a vehicle will not always reflect this fact. Here are some things that you can do to keep yourself from being taken for a ride when it comes to buying a used car:
Read over the Title- While you won't find too much information regarding the history from a title, there are words that can give you an indication. For instance, "scrap," "parts only," "unsalvageable," and "cannot be rebuilt" are all red flags.
In order to do this simple check, we recommend using the National Motor Vehicle Title Information System (NMVTIS). You'll be able to enter a simple VIN number and get all kinds of helpful information. Whether it's the odometer reading, if it's been reported stolen, or if it was considered a total loss you're going to know. In order to do this you can visit the NMVTIS at nmvtis.gov.
2. Have the vehicle inspected by a professional mechanic. Make sure to choose someone with a background in collision repair. This way you can have the vehicle checked out mechanically and inspected for telltale signs of a prior wreck.
Ask the Seller- If they are truthful, asking the seller could be the easiest option. However, there are times when they just want to sell the vehicle so it could become difficult. Even though this could be helpful, we still recommend researching the vehicle as much as possible.
4. Get a vehicle history report. Two of the most popular services for this purpose are Carfax and AutoCheck. These types of reports can clue you in to important red flags about a vehicle's past. You should, however, be aware that a clean report is no guarantee that a vehicle has never been wrecked. Still, this provides another important piece of information, since there are many problems that are never reported to state licensing agencies.
All we ask is that you be thorough when researching this vehicle. All the tips we provided above should give you enough details as to whether or not it's going to be worth the money. If you're really smart, document all your research and conversations in case something goes wrong. This way you can build a case in the event of a problem. - 21396
If you want to look at it on a financial standpoint, the cost to fix it is greater than its value. If this happens then the insurance company will consider it a total loss. If this happens to you, the amount paid will be equal to the value of the car before the accident. Once this transaction takes place, the car is sold at a salvage auction. Then again, you can keep the totaled vehicle. Whatever the case may be, these get fixed, and then are sold for full market value.
Even if a car looks new and well kept, you might be surprised to learn that it may have sustained major damage. The title to a vehicle will not always reflect this fact. Here are some things that you can do to keep yourself from being taken for a ride when it comes to buying a used car:
Read over the Title- While you won't find too much information regarding the history from a title, there are words that can give you an indication. For instance, "scrap," "parts only," "unsalvageable," and "cannot be rebuilt" are all red flags.
In order to do this simple check, we recommend using the National Motor Vehicle Title Information System (NMVTIS). You'll be able to enter a simple VIN number and get all kinds of helpful information. Whether it's the odometer reading, if it's been reported stolen, or if it was considered a total loss you're going to know. In order to do this you can visit the NMVTIS at nmvtis.gov.
2. Have the vehicle inspected by a professional mechanic. Make sure to choose someone with a background in collision repair. This way you can have the vehicle checked out mechanically and inspected for telltale signs of a prior wreck.
Ask the Seller- If they are truthful, asking the seller could be the easiest option. However, there are times when they just want to sell the vehicle so it could become difficult. Even though this could be helpful, we still recommend researching the vehicle as much as possible.
4. Get a vehicle history report. Two of the most popular services for this purpose are Carfax and AutoCheck. These types of reports can clue you in to important red flags about a vehicle's past. You should, however, be aware that a clean report is no guarantee that a vehicle has never been wrecked. Still, this provides another important piece of information, since there are many problems that are never reported to state licensing agencies.
All we ask is that you be thorough when researching this vehicle. All the tips we provided above should give you enough details as to whether or not it's going to be worth the money. If you're really smart, document all your research and conversations in case something goes wrong. This way you can build a case in the event of a problem. - 21396
About the Author:
In 25 years as a Utah personal injury attorney Rex Bush has successfully handled over one thousand cases, his largest settlement to date is 3.25 million dollars. Visit his Utah Personal Injury Lawyers website.
posted by X - Men @ 2:39 AM
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