Archive for the ‘Current News’ Category

Thursday, November 19th, 2009

water2Inspection Tips That May Help Detect Significant Water Damage

• Examine the interior and the engine compartment for evidence of water and grit from suspected submersion.

• Check for recently shampooed carpet, and check under the floorboard carpet for water residue or stain marks from evaporated water not related to air-conditioning pan leaks.

• Look for rusting on the inside of the car and under interior carpeting, and visually inspect all interior upholstery and door panels for evidence of fading.

• Check under the dashboard for dried mud and residue, and note any evidence of mold or a musty odor in the upholstery, carpet or trunk.

• Check for rust on screws in the console or other areas where water would normally not reach unless submerged.

• Check for mud or grit in alternator crevices, behind wiring harnesses and around the small recesses of starter motors, power steering pumps and relays.

• Complete a detailed inspection of the electrical wiring system, looking for rusted components, water reside or suspicious corrosion.

• Inspect the undercarriage or other components for evidence of rust and flaking metal that would not normally be associated with late model vehicles.

• Check the oil, if it appears milky, water may have entered the engine.

While these inspection suggestions will not detect flood damage in every case, they do provide some information to protect consumers from purchasing a vehicle damaged by floodwaters. If you are purchasing a vehicle that you suspect may have been damaged by flooding, consider having it inspected by a licensed mechanic.

Goodwill Repair

Friday, July 10th, 2009

Goodwill Repair… .. Service Your Customers Needs

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How does an As-Is sale become a Warranty sale?

Sell a vehicle As-Is and then make repairs for no charge to the customer OR warranty the engine and do a repair on the air conditioner. This is where you use the “VIA 18 – Goodwill Repair Form” because without it the As-Is sale becomes a warranty sale and the air conditioner is now part of the warranty. It’s further complicated because in both cases there is no time limit to the warranty expiring.

Affidavit of Repossession

Friday, July 10th, 2009

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A Signpost on Your Road to Success !

The latest from DMV… .. EFFECTIVE JULY 1, 2009…

The new Affidavit of Repossession law does not allow out-of-state dealers to process titles in Virginia with this document. The law is only intended to benefit Virginia dealers. Therefore, out-of-state dealers selling to Virginia consumers must give them a free and clear title.