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In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth. The borrower also risks losing the ...
VIN on a Chinese moped VIN on a 1996 Porsche 993 GT2 VIN visible in the windshield VIN recorded on a Chinese vehicle licence. A vehicle identification number (VIN; also called a chassis number or frame number) is a unique code, including a serial number, used by the automotive industry to identify individual motor vehicles, towed vehicles, motorcycles, scooters and mopeds, as defined by the ...
A Ford Flex in Stuttgart-Vaihingen, Germany A US imported Mercury Grand Marquis registered in the Netherlands A Ram 1500 in South Korea. American used vehicle exporting is a grey-market international trade involving the exporting of used vehicles from the United States to international markets.
A title with a lienholder refers to a bank or lender who holds the car's title. If you buy a car with a car loan, the lender holds the car title until you pay off the loan.
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The title branding programs typically have two objectives: A deterrent to auto theft: If a vehicle is a complete loss due to an accident, its serial number (VIN, Vehicle identification number) and registration documents could still be of potential value to persons dealing in stolen cars.
A Japanese-market Toyota Crown S170 in the United Kingdom.The model has never seen an official release in the country and was registered in May 2019. Japanese used vehicle exporting is a grey market international trade involving the export of used cars and other vehicles from Japan to other markets around the world since the 1980s.
“A branded title means that a car was totaled and then put back together,” Nana-Sinkam said. “With that type of vehicle, you need to be mindful of if the weld was well done. That might give ...