Tuesday, November 3, 2009

Repainted Cars Suffer Diminished Value on Resale

Peter, a 36 year old man from Coram, New York, discovered that a used Honda Accord he purchased was involved in a front end collision which was not disclosed on a Carfax® Vehicle History Report. He learned of the front end repair when he offered the car to a dealer as a trade-in and was told that their offer to purchase was about $3,000 less than it would have been because the front end of the car was repainted. In a meeting with Peter, he stated "I didn't understand what the difference was, the car had a clean Carfax and I never had an accident with it. The dealer tested the paint on the car and told me the car was repainted in the front. Their offer to me was a lot less than I expected."


Peter's experience is unfortunately common. Accidents, collisions, damage and other causes for car repainting often times are not reported to police, insurance companies and other information sources supplying Vehicle History Reports. AutomobileExam.com now offers Paint Thickness Gauges for sale and rent to consumers for use when shopping for used cars to examine a car's paint and determine whether the car is repainted or was involved in a collision not disclosed in Vehicle History Reports. "Until now, our product has been only used by car dealers and others in the automotive industry whose business depends on knowing the absolute truth about the condition of a vehicle when purchasing at auction or as trade-ins. Auto dealers understand that cars are repainted all the time and in the wholesale market, a car with repainted panels is worth a lot less. They depend on Paint Gauges to make proper business decisions and to pay market prices for cars. Dealers will pay a lot less for a repainted car, but may put it up for sale on their lot for the same price as a perfect car. It only follows that consumers should be able to test and know the true condition of the car's paint to help negotiate a fair price" said Louis White, vice president of sales for AutomobileExam.com.


AutomobileExam.com serves consumers all over the United States and their Paint Gauges, whether purchased or rented, are delivered on an overnight basis free of charge to the consumer. Because almost all car shopping is first done online with a follow up visit to the dealership, consumers could rent a Paint Gauge at an affordable price, get it in the mail the next day and immediately use it to evaluate the cars they shop for in today's fast paced market.


More information is available at: http://www.automobileexam.com.