Wednesday, May 4, 2011

What to Do if: You Have Been Lied to about Your Used Car!

If you are the victim of used car fraud, you are not entirely helpless. Certain laws, rules and regulations have been put in place to help protect you against unscrupulous used car dealers. By knowing your rights and acting upon them, you may be able to receive at least some compensation from the dealer.

What the Dealer has to Disclose
Many car buyers mistakenly take the phrase “Buyer Beware” at face value. They assume that if they did not properly inspect the car or ask the right questions, the dealer is under no obligation to bring any faults to their attention.
In some cases this is true. When buying a used car, you should take precautions. Never buy a car without first checking the vehicle history report, test driving it and having it inspected by a mechanic.
However, the used car dealer cannot intentionally misrepresent the car or hide the facts. Car dealerships are required by law to disclose all material known facts. You may have a case against a dealership if they do not disclose the following information:
  • The car was previously owned or used as a demo   
  • The car has been in an accident
  • The odometer reading is not accurate
  • The car was used as a rental
  • The car was a Lemon Law buy back

Understand Your Right
To put it simply, you do have rights when you buy a used car. Unfortunately, your rights will vary based on the state where you bought the car. If you suspect you have been lied to about your used car, it is best to:
  • Review your purchase contact: Read the contract carefully. There may be some language in the contract that entitles you to a refund or free maintenance.
  • Contact the dealer: The used car dealer may not have intentionally lied. You should bring the mistake to their attention. They may surprise you by working to correct their mistake. Regardless of their decision, make sure you keep a detailed record of any contact you have with them.
  • Get Legal Advice: Seek the advice of a legal professional immediately. Just the simple presence of an attorney may convince the car dealer to provide you with compensation.
By Jermy Myers

    Tuesday, April 26, 2011

    More Americans Buying Used Cars Vs. Brand New!

    The recession must finally be over because Americans are buying used cars again at an ever-increasing pace.

    Case in point would be the announcement by CNW Research that April's used-vehicle sales numbers were strong, up 4.35% vs. a year ago. The stronger number, though, is a 38.6% gain from March. 

    Another interesting trend, which could really impact the price of used cars, is used passenger cars represent 45.8% of used-vehicle sales vs. 17.8% for SUVs. Last year at this time the numbers were 41% and slightly more than 20%.

    This trend is interesting because used car supplies are largely driven by new car sales from three years ago or more. SUVs were a much more dominant force until three years ago when the last gas price spike somewhat began to influence buying habits.

    You can't manufacture more used cars. The supply is going to be stronger for used SUVs, which means prices there will be lower. Used passenger cars are continue to have price pressure on them, especially because new car pricing is equal to or less than some used cars.

    By: Mark Fisher

    Friday, March 11, 2011

    Herman Blogger

    The Economy is drastic nowadays and it's getting harder by the day. Money is not growing on tree’s, and when it comes to looking for a new or used car you need to find your best options possible towards affordable rates. Take your time, look around, bargaining is always a flexible option on finding the best deals in the Auto Industry. Here at Nevada Auto Sales we take our time on getting to know our customers, it’s not a one time experience we set it for life. Family is important to us, it’s not about making the sale but suiting your needs in all expectations as our own. Developing a lifelong friendship and ensuring we are always here for you when you need it most.

    We have helped over thousands of our satisfied clients; Nevada Auto Sales has been in business for over 43 years in Colorado. During these 43 years we have been dedicated to our clients of the Pikes Peak Region. From our experiences we learned how a business should establish to be a striving success in all areas of the auto industry. Feel free at any time to contact us.