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Is Your Title Washed?


unit731

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Posted

Arlena Sawyers

Automotive News

September 8, 2008 - 12:01 am ET

 

 

Nearly 15 percent of the 1.3 million vehicles that were severely damaged by collisions, bad weather or fire in the first half of 2008 now have clean titles that do not identify that damage, a new study concludes.

 

More than 185,000 cars and trucks that were issued titles indicating their damage had those brands removed when the vehicles were retitled in another state, says Experian Automotive.

 

Edie Hirenstein, senior product manager of Experian's AutoCheck vehicle history service, said the number of title-washed vehicles in the first six months of this year was about the same as in the year-ago period.

 

As the country enters the peak hurricane season, she says, the industry must redouble its vigilance about rebuilt flood cars and other wrecks.

 

Experian has compiled information on 600 million cars and trucks from departments of motor vehicles in all 50 states and Washington. The study examined what happened to title-branded vehicles when they got new titles in other states, Hirenstein said. The study did not include vehicles that were at least 10 years old.

Posted

The salesperson told me that the used truck was only driven on Sundays by a retired minister.

Posted
My truck was only driven by a porno star... She only drove it when she was hammered and it came with a matress in the back... Not sure why tho :P

And you were wondering what those nasty stains were on the inside ? :rolleyes:

Posted

Insurance companies are greedy whores. They will sell their vehicles wherever the best money is and to whoever will pay it. They don't give a care about who gets stuck with them in the next life.

Posted
Insurance companies are greedy. They will sell their vehicles wherever the best money is and to whoever will pay it. They don't give a care about who gets stuck with them in the next life.

 

Sad........but true. :rolleyes:

Posted
Insurance companies are greedy whores. They will sell their vehicles wherever the best money is and to whoever will pay it. They don't give a care about who gets stuck with them in the next life.

I see tons of "salvage" title vehicles at auction and most are bought by Mexican or Oriental "builders" to be fixed and sold to retail customers. I'm sure the fixes are anything BUT done right. Insurance companies ARE whores.

 

I've seen Suburbans that were burnt into an unrecognizable pile go for 5,000 bucks. They are buying the VIN and a title so they can convert a stolen Suburban into that one and sell it. You think the insurance companies don't "know" what the hell is going on when they get that much money for a pile of burnt metal?

 

INSURANCE COMPANIES ARE WHORES.

Posted
Insurance companies are greedy whores. They will sell their vehicles wherever the best money is and to whoever will pay it. They don't give a care about who gets stuck with them in the next life.

I see tons of "salvage" title vehicles at auction and most are bought by Mexican or Oriental "builders" to be fixed and sold to retail customers. I'm sure the fixes are anything BUT done right. Insurance companies ARE whores.

 

I've seen Suburbans that were burnt into an unrecognizable pile go for 5,000 bucks. They are buying the VIN and a title so they can convert a stolen Suburban into that one and sell it. You think the insurance companies don't "know" what the hell is going on when they get that much money for a pile of burnt metal?

 

INSURANCE COMPANIES ARE WHORES.

 

 

And now our friends have a bunch of water cars to work on/with...Yikes!

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