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When you work for an auto sales dealer, ex. for Honda, are you licensed to bid in dealer auctions for yourself
10th March 2011
I bought a used 2002 Acura TL from a dealer on Ebay?
16th February 2011
Here is my problem. The dealer is in Ohio and has 100% positive feedback. I also bought my mom’s car from them 9 months later. Anyway I pulled the carfax on the car before I bought it and discovered it had been in 2 wrecks. Nothing on the carfax said anything about major damage. The dealer claimed the car had been fixed and was in great condition. I also used CarChex to drive the car and inspect it. The CarChex report came back that the car was in great condition. I bought it and have had it for 11 months. I was going to sell it for something newer so I took it to Carmax to get appraised. WOW, this is the problem. They put it on a rack and noticed the frame had major damage and had been repaired. They also ran a AutoCheck report on it and it stated it was sold as a frame damaged car at the auto auction the dealer bought it from. Lemon Law on covers new cars so does anyone have any advice that want break me? Frame Damage was not disclosed but I have proof they knew!
I have a car I'm upside down in, will a bank negotiate a new balance if I go into bankruptcy?
9th February 2011
My loan balance is ,000 on my 05 Pacifica. I am an auto dealer and I can run auction reports and I know the car sells for 10,000 in the auction. Do you think Wachovia will negotiate a new loan based on what they will get for the car in the auction? The alternative is to throw the car into my bankruptcy and give it back anyway. Anybody have any insight on this?
I have a car I'm upside down in, will a bank negotiate a new balance if I go into bankruptcy?
5th February 2011
My loan balance is ,000 on my 05 Pacifica. I am an auto dealer and I can run auction reports and I know the car sells for 10,000 in the auction. Do you think Wachovia will negotiate a new loan based on what they will get for the car in the auction? The alternative is to throw the car into my bankruptcy and give it back anyway. Anybody have any insight on this?
I am looking for an auto dealer to wholesale through??
27th January 2011
I am looking for an auto dealer to wholesale through. I have been a wholesaler in the past through a small dealership and had an arrangement where I paid per unit I sold. I live in Chicago and would be going to auctions in and around Chicago. Thanks