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With high gas prices, more and more people are trying to sell their gas-guzzlers to buy more fuel-efficient smaller cars. Older compact cars like the Chevy Metro or Honda Civic are suddenly worth double their previous blue book value. If you are searching the market for an older compact car, you might be discouraged to find out how expensive an older car can be. Due to the inflated value of these compact cars, potential buyers are at risk for fraud each time they purchase a car from a private party, or unscrupulous dealer. If you find a car that is a great deal, you might be looking at one of many Hurricane Ike cars, with invisible damage.
After Hurricane Katrina, thousands of water-damaged cars were shipped all around the country, thoroughly cleaned, and then resold to unsuspecting buyers. Buyers thought that
they were getting fantastic deals on previously owned cars, but little did they know that the cars they were purchasing had been fully submerged in salt water. These water-damaged
cars had extensive body corrosion, electrical shorts, and dangerous toxic mold in the upholstery. By the time the buyers realized what they had purchased, it was too late. Scam
artists had made off with their hard earned cash, and buyers were stuck with a useless vehicle.
With the combined forces of high demand for older compact cars, and the devastation of Hurricane Ike in southeast Texas, buyers are at unprecedented risk of being taken advantage
of by unscrupulous car dealers. What can you do to protect yourself from being a victim of this type of fraud? If you are considering buying a used car, ask for a Carfax report
on the vehicle before you pay for it. Carfax is a company with a large database of information on nearly every car in the U.S. When you input the VIN number of your prospective
car, you can get a detailed report of where it came from, who owned it previously, and most importantly, if your prospective car has ever been in an accident or natural disaster.
If you come across a Hurricane Ike car, Carfax will let you know. At Quick Cash Auto, we have access to provide you with a Carfax report, to protect you from being
taken advantage of.
