The scene of the whole world is changing and the automotive part of that world has been shaken in the process. Coronavirus or Covid-19 has swept through the globe with reckless abandon faster than a Ferrari with a jet engine and has affected some of the largest parts of the industry. Even the Geneva motor show, a huge part of debuting the most polished and pristine examples of advanced autos in the world, was canceled for the first time in nearly 70 years. The impact across the industry is vast. Dealership sales models are being adjusted all over the country as everyone tries to get a better grasp on what we’re in for. One dealer in the southeast United States told VINsmart “It’s grinded to a halt”. Here’s a behind the scenes peek at what is actually happening inside the automotive industry and how you can take full advantage of those market adjustments to help your customers score a killer deal on their next used car.
In life, we have many serious relationships where a knowledge of the other parties’ past would’ve been deeply helpful when the relationship began. When the relationship between you and a potential new used car in your life gets serious it’s time to dig around in that cars past a little bit. While getting a pre-purchase inspection of the car is absolutely important, it won’t cover all the major concerns that may not have been disclosed to you. For instance, it won’t tell you anything about the service history and legal past of the car. In addition, if you’re dealing with a seller that might require some negotiating, asking for a pre-purchase inspection might tip your hand that you’re quite serious about the car in question. So before you go that route lets talk about another option that will still get you vital information. It’s called a VIN Check and it may save you thousands of dollars.
If anyone tells you a vehicle is an investment, don’t trust them – they’re lying! Unless you own a vehicle destined to become highly collectible, you’re going to lose thousands of dollars through depreciation. That’s not to discourage you from owning a car. Just be aware that it’s all but guaranteed to lose value between the time you buy it and when you sell it.
You’ve been kicking the tires on a new car. Well, new to you. It has a few years on its tires already, but everything seems to be in ship shape. The test drive went really well and the car performed exactly as you thought it should. It’s almost time to negotiate a price. But first, you want to make sure there aren’t any issues.
We all have to take our car to the shop from time to time. Whether it’s just an oil change or something that needs serious repair we all hate to be approached by the service advisor with a new unexpected problem that requires attention. Today we look at 5 confessions from me, one of the guys who’s spent years behind the desk and who knows the truth about what your car really needs as opposed to what you’re told. Don’t see the confession you’re wondering about? Ask me anything below!
In this article, I am going to teach you how to read your VIN. Sounds pretty exciting, right? That’s because it is! Before 1981, there was no standardization of VINs on vehicles. Before that, it could have been ten digits. It could have been five digits. It could have been whatever the car manufacturer wanted.