In the first half of 2008 alone, there were nearly 1.3 million cars and trucks totaled as a result of accidents and weather related catastrophes. While these vehicles received branded titles to reflect their totaled status, Experian Automotive recently found that the brand has since been dropped on more than 15 percent or about 185,000 vehicle tiles it has tracked...The problem for consumers is that title-washed cars are often among the most shoddily and carelessly repaired. Often, unsuspecting consumers think they are getting a great deal on a used car or truck, only to find sometime later they have purchased a vehicle that isn't safe to be on the road. Learn more about title laundering (also known as title washing) in this article.
Kentucky Attorney General, Greg Stumbo has reason to believe that consumers may encounter flood damaged vehicles from Hurricanes Katrina and Rita on used car lots in his state. In a recent article posted on the website of Kentucky’s Office of the Attorney General Stumbo issued the following warning: “Kentucky consumers and businesses should be careful not to be scammed by unscrupulous auto dealers and auto auctions selling flood-damaged ...[MORE]
Several sources have reported Honda’s plan to include government crash safety ratings on the window stickers of its 2006 cars and light trucks, including those of Acura, Honda's sidekick. Many believe it is a good move for Honda to tout safety to buyers since its cars already perform well in crash tests. As it stands, eight vehicles ...[MORE]
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