₦airaland Forum

Auto Warranty Tips for Car Owners

In the history of contemporary automotive, the current scenario is the most turbulent one. Several dealerships have been closed after General Motors and Chrysler have gone bankrupt. All this is causing a lot of confusion and worry for the consumers. A few questions that are important have been answered below.

If the car brand is declared bankrupt

When a brand is in a mess financially, another brand takes over it. As a result, the consumer suffers less. On going totally bankrupt, a service on warranty is generally provided by its sister concerns, provided the extended warranty was given by the manufacturer.

In cases where the parent company shuts operation

All those automaker companies that are declared bankrupt, continue manufacturing automobiles, but decrease their workforce. The Federal Government, on 30th March, 2009, assured to support the warranties of local vehicles manufactured by Chrysler and GM. The buyers automatically qualify for this warranty.

Resale value of a car falls, if a brand closes, or declared bankrupt by the parent company. A better idea would be to drive it till its extended warranty period.

In cases where the local dealer shuts operation

881 auto dealerships shut operations in 2008 and the consumers got affected in many ways.

Having to travel beyond your city limits to get the service of warranty is one of the disadvantages. If the work needs more time than a few hours, then it can be a pain.
Though the short-term benefit in case of shutting down of dealerships may be beneficial to consumers in terms of vehicles being sold off at throw away prices, in long-term disadvantage can be more comparatively, as lesser dealerships implies high prices for a new car because of less competition.
It also means reduced options in terms of number of brands available in the market when a consumer wants to buy a new car.
Getting service on warranty or any other post-purchase service may get very difficult, if the car has been bought from a single dealer which has shut down its operations locally.
The sales unit of new cars may be shut down by many dealers, but the one for used cars may continue to operate as that yields higher profits.
In situations where the extended –warranty dealers shut operations, it can cause real inconvenience. Extended warranty can be of three types -:

Manufacturer backed – These are applicable all over the nation. The warranty is honored either by the federal government, or the parent company.

Dealership-backed – This is applicable only with the dealership from whom the car has been purchased. You can have real trouble, if the dealership shuts down.

Independent – These are third parties who provide warranty but in several cases, they shut down abruptly.

Many dealerships provide their own warranty as they earn more profit from this than the warranty provided by the manufacturer. In case where a dealer has sold a third party warranty to you and the third party has shut down, you can request the dealership which is still in operation to assist you with the service. The dealer may also provide you with a considerable discount, when it provided you the replaced warranty.

All this doesn’t mean you need to sell off your vehicle and invest in something new. Keeping your vehicle is a much smarter decision, as the resale value of cars has dropped in the current market. Even if you are planning to buy a new car, you needn’t worry much as the warranty extended by the car manufacturers will hold to be valid in one way or the other. Moreover, you can avail a new car at a real cheap price, when these dealerships plan to shut operations.

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2013 FIAT 500 ABARTH Hatchback 2 Doors

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2006 TOYOTA SIENNA CE/LE Sport Van

Buy Now Price:$ 4,000


make: Toyota
model: Sienna Ce/Le
year: 2006
mileage: 233,465
exterior color: Red
interior color: Gray
drivetrain: 2WD
engine: __ 6 Cylinder
transmission: Automatic


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Auto insurance auction - what you need to know


If you are familiar about used cars market in USA, you must have definitely heard about something known as salvage auctions. It is a popular second hand auto market that deals with damaged automobiles. Buyers in such market usually fall under categories like dismantlers, car rebuilders, auction dealers, exporters, scrappers etc. Salvage auctions are usually conducted by auto insurance firms. Every year thousands of salvage cars are bought and sold in US through auto insurance auction sales.

Auto insurance firms of US often export cars to countries like Nigeria, Ghana etc. There are many used car dealers in such places who indulge in bulk transactions. They procure salvage automobiles at low costs and replace their damaged parts. Once these old vehicles are refurbished they look and perform quite well. They fetch a good price at local markets for such renewed cars and bikes.

If you are a dealer or a scrapper looking for cheap used cars, finding good auto insurance auction dealers can help you a lot. You can easily locate some of the top auto insurance firms in US through online resources. Once you get in touch with them they would regularly keep you posted about feasible salvage auctions and used car sales. Note that, although there are hundreds of auto auctioneers in US, finding a reliable dealer can take some time. And even if you get hold of a good dealer, there is no guarantee about the quality of the automobile or their insurance value. However, if you are buying cheap you can fetch a fairly good resale value.

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2004 TOYOTA SIENNA CE/LE Sport Van
https://www.auctionexport.com/en/Inventory/Info/2004-toyota-sienna-ce-le-sport-van-79459560?searchID=1882951433

Make: TOYOTA
Model: SIENNA CE/LE
Year: 2004
Mileage: 160629 ACTUAL
Exterior Color: champagne
Interior Color: gray
Drivetrain: FWD
Engine: 3.3L V6 FI DOHC 24V NF4
Transmission: Automatic
Sale Doc: CLEAR(Virginia)
Keys: Present

diabolo:
please help me check this VIN 4T1BE30K24U816151

Hello,

This Autocheck report has been provided at no cost by AuctionExport.com your key to the north American auto auctions

2004 Toyota Camry Base / LE / SE / XLE
One owner One owners

Calculated Owners: 1

Class: Mid Range Car - Standard
Engine: 2.4L I4 SFI
Country of Assembly: United States
Vehicle Age: 11
Calculated Owners: 1

VIN: 4T1BE30K24U816151
Year : 2004
Make : Toyota
Model: Camry Base / LE / SE / XLE
Style/Body: Sedan 4D

This vehicle's AutoCheck Score
56 - 79
79

The AutoCheck Score is a summary of your vehicle's history. It lets you compare similar vehicles with ease.
About the AutoCheck Score
This vehicle qualifies for Buyback Protection
Buyback

Safeguard your investment with AutoCheck Buyback Protection. It reduces the risk in buying a used vehicle.
About Buyback Protection

Accident Check
Reported Accidents: 1

Title and Problem Check
Your vehicle checks out

Odometer Check
Your vehicle checks out

Last Reported Odometer: 221,442

Vehicle Use and Event Check
Specific vehicle use(s) or events reported
View Detailed Vehicle History
Accident Check

Not all accidents / issues are reported to AutoCheck

Information Reported: AutoCheck shows accidents reported to AutoCheck for this 2004 Toyota Camry Base / LE / SE / XLE (4T1BE30K24U816151). Below you will find the date and location reported for the accident. Not all accidents or damage events are reported to AutoCheck.
Accidents Reported on This Vehicle
Accident No. Reported Date Location
1 05/29/2008 TOWNSHIP OF WASHINGTON, NJ

Reported accidents or damage events are a result of vehicle collisions or other non-collision incidents such as vandalism or theft. Not all accidents or damage events are reported to AutoCheck.
Title and Problem Check

Your vehicle checks out: AutoCheck's database for this 2004 Toyota Camry Base / LE / SE / XLE (4T1BE30K24U816151) shows no negative titles or other problems. When reported to AutoCheck, these events can indicate serious past damage or other significant problems, and disqualifies the vehicle for AutoCheck Buyback Protection. Check the Vehicle Use and Event Check for reported accidents that can affect vehicle safety and value.
0 Problem(s) Reported: 15 Title/Problem areas checked:
No abandoned title record
No damaged title or major damage incident record
No fire damaged title record
No grey market title record
No hail damage title record
No insurance loss title or probable total loss record
No junk or scrapped title record
No manufacturer buyback/lemon title record
No odometer problem title record
No rebuilt/rebuildable title record
No salvage title or salvage auction record
No water damaged title record
No NHTSA crash test record
No frame/unibody damage record
No recycling facility record
Odometer Check

Your vehicle checks out: AutoCheck examined the reported odometer readings reported to AutoCheck for this 2004 Toyota Camry Base / LE / SE / XLE (4T1BE30K24U816151) and no indication of an odometer rollback or tampering was found. AutoCheck uses business rules to determine if reported odometer readings are significantly less than previously reported values. Not all reported odometer readings are used. Title and auction events also report odometer tampering or breakage.
0 Problem(s) Reported: Mileage Date Reported
10 12/09/2003
221,410 06/10/2015
221,714 07/13/2015
221,442 07/22/2015 not included in rollback calculation
Vehicle Use and Event Check

Information Reported: AutoCheck shows additional vehicle uses or events reported to AutoCheck for this 2004 Toyota Camry Base / LE / SE / XLE (4T1BE30K24U816151). This includes reported vehicle uses such as rental or lease, and events such as whether the vehicle has been reported to have had a loan/lien or duplicate title issued. Other events show if the vehicle has a reported accident and how many calculated accidents or if it has been reported stolen or repossessed. It is recommended to have pre-owned vehicles inspected by a third party prior to purchase.
0 Event(s) Reported: 6 Vehicle uses checked:
No fleet, rental and/or lease use record
No taxi use record
No police use record
No government use record
No livery use record
No driver education record
1 Event(s) Reported: 9 Vehicle events checked:
1 Accident record(s) reported through accident data sources
No corrected title record
No duplicate title record
No emission/safety inspection record
No loan/lien record
No fire damage incident record
No repossessed record
No theft record
No storm area registration/title record
Detailed Vehicle History

One owner One owners

Calculated Owners: 1
Below are the historical events for this vehicle listed in chronological order. Any discrepancies will be in bold text.

Report Run Date: October 28, 2015 7:33:26 EDT

Vehicle: 2004 Toyota Camry Base / LE / SE / XLE (4T1BE30K24U816151)
Event Date Event Location Odometer Reading Data Source Event Detail
10/20/2003 Independent Source VEHICLE MANUFACTURED AND SHIPPED TO DEALER
11/30/2003 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
12/09/2003 TRENTON, NJ 10 Motor Vehicle Dept. TITLE (Title #:RV200334300000204)
11/30/2004 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
11/30/2005 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
11/30/2006 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
11/30/2007 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
05/29/2008 TOWNSHIP OF WASHINGTON, NJ State Agency RIGHT FRONT IMPACT WITH ANOTHER VEHICLE (Case #:2008-011116)
05/29/2008 NJ Police Report ACCIDENT REPORTED (Case #:2008-011116)
11/30/2008 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
11/30/2009 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
11/30/2010 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
11/30/2011 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
11/30/2012 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
11/30/2013 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
11/30/2014 TRENTON, NJ Motor Vehicle Dept. REGISTRATION EVENT/RENEWAL
06/10/2015 BURLINGTON, NJ 221,410 Motor Vehicle Dept. TITLE (Title #:RV201516100000307)
07/13/2015 EASTERN REGION, 221,714 Auto Auction REPORTED AT AUTO AUCTION
07/22/2015 WILLOW GROVE, PA 221,442 Motor Vehicle Dept. TITLE (Title #:74958168)

2007 NISSAN XTERRA 4.0 Wagon 4 Door

Buy Now Price: $ 3,500

make: Nissan
model: Xterra 4.0
year: 2007
mileage: 157,697 mi
exterior color: Yellow
interior color: Black
drivetrain: 2WD
engine: __ 6 Cylinder
transmission: Automatic

https://www.auctionexport.com/en/Inventory/Info/2007-nissan-xterra-4-0-wagon-4-door-79654947?searchID=-919350192#.VjC_Givd5hE

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2011 #NISSAN #ALTIMA for 3,200,000 NGN
The #car is comfortable and in excellent condition!
Equipment: Air Conditioning; Power Windows Air Bag – Driver; Alloy Wheels; CD Player Power Seats; Antilock Brakes (ABS) Short mileage: 55000mi
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2013 FORD FIESTA SE

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