6th Oct 2019, 17:51
Speaking of "flippers", you can always recognize when you are dealing with one when you have a car for sale.
First, they will offer you 1/3 of your asking price (and act like they are being generous).
Second, (if you are dumb enough to take their lowball offer), they will want to leave the space for buyer's name on the title transfer blank (unless you are in one of the handful of states that still require a title transfer be notarized). They don't want to put a name there because they want to resell the car without having to pay title fees.
Unless you are a licensed dealer, selling a car with open title is illegal. Even worse, if you sign off on the title without specifying a buyer, YOU are still the owner of the car as far as the state is concerned. If that car is later involved in a hit and run or some other nefarious activities, guess whose door the police will be knocking on? Always insist on a buyer's name and signature on the title (and preferably on a bill of sale as well) before turning over possession. Flippers won't like it, but who cares?
6th Oct 2019, 13:50
Sure it does. It provides more reviews of cars on this web site. Why you kept, why you sold. Provides insight on vehicles that increase in value. Otherwise you do a single review on a car you bought in 1996 as an example.
Lastly, if I owned 4 Impalas as an example, any comment provides some real life experience for a potential same era buyer. Reading a comment on not mentioning a flip, what many do, provides zero information. Becomes just a filler comment.
One of my friends has had over 200 cars in the collectible area. Vintage, classic and sports cars. His knowledge has proven invaluable to collectors and even first time buyers of past and present. When I bought my new 911 as an example, he was the first I contacted. It was a big check. Then I research web sites. Guys that have owned more than one know good and bad. My family had an auto repair facility and also told me what to watch for; even models that are currently available. And restored and flipped. Even everyday cars like a Honda. I think most people on here are here to learn about their cars. Many I have personally owned. Not just a few that you discuss and it’s completely over with. I like reading reviews on here to both buy more new and some used cars with actual owners' insight. Not bias on a car manufacturer. I’ve even sat in service departments picking owners brains. And club meetings. Then I buy. So far 3 cars this year. Doing no research is being a fool. Not good.