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Is This a Case of Salvage Title Fraud?Came across an interesting question from a reader at AutoShopy.com (the sites I visit in pursuit of used car news!). Basically, the person had purchased a used car in August 2008, couldn't afford the payments, and tried to sell it to CarMax. CarMax checked the VIN and determined the car had a sal... |
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Honda Airbag Recall Expanded on Used Civics, AccordsIt's not my intent to report every recall associated with used cars (because of the volume), but recalls about airbags are important. That's why I wanted to share information from an Automotive News article about the National Highway Transportation Safety Administration investigating Honda's hand... |
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Used Car Prices Have Risen But Appear To Be Leveling OffAt first glance, it appears alarming that used car prices have risen. According to Edmunds.com, three-year-old used cars currently sell for about 16 percent more than they did this time last year. Typically, used car prices rise 4.6 percent from year to year. Seems like a big jump until you fa... |
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White House v. Edmunds: Your Cash 4 Clunkers Analysis Is Wrong!Yesterday, Edmunds.Com reported that Cash for Clunkers wasn't the big deal everybody thought it was. So, the White House responded today: "Dear Edmunds, Your Cash for Clunkers analysis is wrong! Love, The White House." OK, maybe it wasn't quite that language but that's the gist. Edmu... |
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Domestic Used Cars Don't Generate ExcitementInteresting little tidbit from AutoRemarketing.com, the used car industry's trade publication: A study from Virginia Commonwealth University suggests that the domestic automakers' slumping market share since 1996 has been caused primarily by a lack of new-product launches. It all makes se... |
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Demand for Used Cars High, But Buyers Are FickleHere's an interesting trend in used car sales uncovered by CNW Research in its monthly report on car buying: consumers are no longer buying just for the sake of buying. They're becoming more fickle in their purchasing habits, not because they can't afford the used cars, but because they're holdin... |
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