was not told by dealer about any accidents, what do they have to check when it is certified....how do i sell this and not lose all this money, only had it 5 months..
2007-06-22 04:40:48 · 4 answers · asked by mary 1 in Cars & Transportation ➔ Car Makes ➔ Honda
Seems to me nobody is answering your question.
All Honda Dealerships must make sure that a damage report is run on a Honda they want to certify. That can be a Carfax or some similar type of report.
They must also do a complete inspection that includes the body and frame and this information should have been provided to you to prove the fact that this car was qualified to be a Certified Honda.
If the dealership did not provide you with the inspection report and did not offer you a Carfax(or similar) report go back and ask for them as they need to keep records for much longer than you have had the car.
A minor Fender bender will not result in a disqualification for the Certification but it should have been disclosed to you prior to purchase.
The reality is you may have experienced a depriciation on the vehicle coupled with paying over the market value for the car.
Reality is that dealers and other buyers will want to pay Wholesale value for a vehicle but will charge Retail value to sell it. That is the free market system and there is not much any of us can do about it.
If the dealer is honest and did the necessary inspections and reports than you really have nothing to worry about as the components are covered under the Certified Warranty.
If the dealer cannot provide you with the requested documents WHILE YOU WAIT then you may have a legitimate complaint to take up with Honda.
Certification requirements are that the vehicle has ALL the manuals, keys, remotes(if any) radio codes etc provided with the vehicle upon purchase.
It also states that any replaced parts meet or exceed Honda Motor Standards (most aftermarket parts do not).
You liked the car enough to buy it and it will provide you with a great deal of value over its life, but make sure your dealer did not paperwhip the Certification to save some money and charge you for the process it did not do.
Go to the dealership and ask to get copies of the reports of Certification. Do not let them send you away to come back and get them later as they will again paperwhip the process while you are gone if they did it in the first place.
Ask to see the confirmation sent by Honda of the Certification request and approval.
2007-06-25 18:27:14 · answer #1 · answered by M's Dad 3 · 0⤊ 0⤋
Well it sounds like you are going to lose money anyway. Getting out of a car that early will put you way upside down.
I imagine the appraising dealership is throwing your original dealership under the bus a little to devalue your trade in your eyes. Vehicles that have frame damage cannot be certified. If a person had a minor fender bender like tapping someone in a parking lot that would need to be replaced or a scraped bumper, this would require only replacing a fender (not a big deal). Replacing the fender will not depreciate a car 6000. At most we might deduct 300 but even then... probably nothing.
2007-06-22 17:10:28 · answer #2 · answered by bjmarchini 2 · 0⤊ 0⤋
I'M NOT SURE IF THE REQUIREMENTS VARY FROM STATE TO STATE, BUT TO MY KNOWLEDGE THERE ARE CERTAIN REQUIREMENTS THAT A VEHICLE HAS TO MEET IN ORDER TO BE CERTIFIED. ONE OF WHICH IS THE FACT THAT IT MUST HAVE THE ORIGINAL BODY PANELS. BUT ALL IN ALL, IF THERE WAS NEVER ANY AIRBAG DEPLOYMENT OR FRAME/UNI BODY DAMAGE THEN I WOULDN'T WORRY ABOUT IT TOO MUCH. YOUR BEST BET IS TO HOLD ON TO THE CAR FOR MORE TIME. THERE IS NO WAY TO SELL THE CAR WITHOUT LOSING A CONSIDERABLE AMOUNT OF MONEY... SORRY
2007-06-22 12:32:37 · answer #3 · answered by sevenkillersins 2 · 0⤊ 0⤋
your gonna lose money just face it. you pay mostly interest for the first year on a loan you owe more then the vehichle is worth. its a sad reality but its all tooo common
2007-06-22 11:45:57 · answer #4 · answered by pohlman1369 2 · 0⤊ 0⤋