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Bought a Car on eBay. A year later found that it was totaled. Lessons learned Archived From: Finance

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blueiedgod said:yobuttin said:Yet another reason why I hate Hondas. Did you know hondas are the #1 stolen car in America!?! I wouldn't trust a honda as far as I could throw it. I only drive VW's. German engineering is the way to go. nuff said.

Ingenious!!! Buy a vehicle that has a very high chance not starting or not making far from home, so that a thief won't get too far with it.

You know what, I'd rather drive a car that is reliable, starts every day and does not require to have a mechanic or parts shop on speed dial. I owned a VW once, this was the most un-reliable vehicle. This is the vehicle that forced me to learn how to fix cars, or I would have put my mechanic's kids through Harvard, once it was out of warranty.

Agreed, just check JD Powers and you'll see that VW is near the bottom in terms of reliability. German cars like VW and Audi rank even worse than American cars.

As for me, I'm a little too old school, I still like to buy American cars. I like to buy them used because they've got tons of deprecation vs a car like a Honda or Toyota. True their reliability isn't as high, but the depreciation gives you more value. Also parts for American cars are typically cheaper than for foreign cars. If you look at the stats on reliability it's something like 150 problems per 100 cars on a foreign car like a Japanese one, but for American it's around 200. I live with the extra .5 problems per car if it saves me several thousand on the purchase.


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geo123 said:beethovengirl said:I just checked kbb.com, and the private party value of a 2007 Toyota Corolla with 10K miles in excellent condition is $2K less than a new 2009 Corolla. That's a savings of 12% off new, not including the cost of inspection, a "useless" CarFax report, the hassle, the worry about whether or not the car was in a wreck, etc.There are obviously a lot of variables out there and it often makes a lot more sense to buy certain cars used than it does others. For instance, a number of states do not charge sales tax on private party auto purchases, which can obviously save you a bundle.
I live in IL, and when I moved here, IL claimed it could have collected sales tax on a private party sale in another state had I bought the car in the past year. Fortunately, I had bought it 3 years prior, but I would have protested had I been forced to pay MA sales tax [which I had] and IL sales tax on one sale.


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I just finished reading through the thread. $10K for a one year old Civic VP w/ 15K miles? I would be suspicious based on price alone. Now you have to decide whether or not you want to keep the car and how to get rid of it if you choose not to. My only concern would be how well the car would hold up if it were rear-ended (again).

I hope this doesn't deter you from ever considering a used car again. I bought my car one year old and saved a considerable amount of money - just a matter of good timing on my part. I would have bought new if I couldn't get a good deal used. If you do your homework and put some effort into it, used cars can be a bargain. I know plenty of people who have overpaid for their cars both new and used.

The OP learned a good lesson - if it sounds too good to be true, it probably is. It's unfortunate that the seller was dishonest but some of the blame does fall on you. Just my $0.02.


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I'm lost in what the problem is, maybe I'm just reading the OP wrong.

You bought a fixed car from a private party, and now the other guys insurance who was at fault doesn't want to pay to fix the damage that was fixed by the private party?

or

Your upset that you thought you had a car that was never in a wreck, but the other guys insurance company is going to pay to fix the car back to the shape it was in before their insured drive hit it?

I can see maybe taking an unsuspecting hit on the resale of the car because now you will disclose that it was in a major accident and what was repaired on it, but that would happen because this guy hit you in the parking lot anyways.

Only thing possible is to go after the seller if the state of sale has any lemon laws for cars, I would think.


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jray225 said:I'm lost in what the problem is, maybe I'm just reading the OP wrong.

You bought a fixed car from a private party, and now the other guys insurance who was at fault doesn't want to pay to fix the damage that was fixed by the private party?

OP: I dont want the other guys insurance to pay the previous damage. My only conceren was why didnt it showed on Carfax or the seller didnt mentioned in his auction or why didt it got catched by anyone..I am totally saying that it was my fault that i didint looked carefully. I wrote here so that an average buyer should be more carefull and just dont belive the carfax 100%.

or

Your upset that you thought you had a car that was never in a wreck, but the other guys insurance company is going to pay to fix the car back to the shape it was in before their insured drive hit it?
OP: Yes i am upset that i bought a car that was in a wreck and was never told.

I can see maybe taking an unsuspecting hit on the resale of the car because now you will disclose that it was in a major accident and what was repaired on it, but that would happen because this guy hit you in the parking lot anyways.

OP: i am not selling this car..

Only thing possible is to go after the seller if the state of sale has any lemon laws for cars, I would think.
OP: I am not going against anyone...just take it as a lesson learnt..


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You bought a fixed car from a private party, and now the other guys insurance who was at fault doesn't want to pay to fix the damage that was fixed by the private party?

OP: I dont want the other guys insurance to pay the previous damage. My only conceren was why didnt it showed on Carfax or the seller didnt mentioned in his auction or why didt it got catched by anyone..I am totally saying that it was my fault that i didint looked carefully. I wrote here so that an average buyer should be more carefull and just dont belive the carfax 100%.

Reply: I Agree don't depend on carfax for all information about how a car was serviced. I assume every used care I look at, or buy has been beat on, and crashed. I would want the insurance company to return the car to the condition it was before their insured hit it. I don't care if the door was off another car, it looked good on mine before your insured hit it.

 

Your upset that you thought you had a car that was never in a wreck, but the other guys insurance company is going to pay to fix the car back to the shape it was in before their insured drive hit it?
OP: Yes i am upset that i bought a car that was in a wreck and was never told.

Reply: You already said you had no clue from how it drove or looked and that you were happy as can be with the deal. I'm sorry your upset, it sucks when someone deceives you, and it isn't your fault someone deceived you. Get the insurance company to restore your car back to what made you happy, and hopefully that can erase the deception from your mind when your driving down the road in the car that once made you happy about the great deal it is/was.

I can see maybe taking an unsuspecting hit on the resale of the car because now you will disclose that it was in a major accident and what was repaired on it, but that would happen because this guy hit you in the parking lot anyways.

OP: i am not selling this car..
Reply:Good, but remember next week the transmission can go out because CarFax didn't tell you about the teenage son who would take the car out on the weekends doing massive burnout for fun.


Thank you for informing us about CarFax. I hope everything works out the best it can for you.


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beethovengirl said:geo123 said:beethovengirl said:I just checked kbb.com, and the private party value of a 2007 Toyota Corolla with 10K miles in excellent condition is $2K less than a new 2009 Corolla. That's a savings of 12% off new, not including the cost of inspection, a "useless" CarFax report, the hassle, the worry about whether or not the car was in a wreck, etc.There are obviously a lot of variables out there and it often makes a lot more sense to buy certain cars used than it does others. For instance, a number of states do not charge sales tax on private party auto purchases, which can obviously save you a bundle.
I live in IL, and when I moved here, IL claimed it could have collected sales tax on a private party sale in another state had I bought the car in the past year. Fortunately, I had bought it 3 years prior, but I would have protested had I been forced to pay MA sales tax [which I had] and IL sales tax on one sale.

Texas does this all the time, and 3 years won't protect you from it either. If you move a vehicle to Texas the sales tax on the vehicles value is determined -- then offset by any taxes you paid already to other jurisdictions. Virginia charges 3% sales tax, while Texas charges 6% -- so when you import a VA vehicle to Texas they will get you for the difference based on the vehicles current value. They only offset for SALES tax, not property tax so the 3% annual property tax that is ALSO due in VA for the vehicle doesn't count.

So I paid 3% on a vehicle, then another 3% (this is complicated, since state pays part of this and it ended up being about %1.5) to register it in VA. Each year VA may or may not renew the property tax relief)

Texas renewal is cheap after that, they don't tax you again.

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