More than two million recalled vehicles that had not been repaired were for sale online in 2012.
Wilmington, NC (PRWEB) February 28, 2013
Keystone Auto Loans, a leading provider of auto financing services, is initiating a new campaign to warn car-shoppers about new danger in the field of online car buying. More than two million recalled vehicles that had not been repaired were offered for sale online in 2012, according to a report recently released by Carfax.
Though two million is a staggering figure in and of itself, consumers are being warned that the actual number of unrepaired recalled vehicles that were put up for sale last year was most likely much higher, since the numbers only took into account vehicles for sale online. The worst offenders were car sellers in the states of Iowa, Illinois, Indiana, Kansas, and Michigan, Missouri, and Wisconsin. The number of such vehicles jumped by 25 percent or more over the past year.
To complete its report, Carfax cross-referenced recall notices released by the National Highway Traffic Safety Administration against the VIN numbers of vehicles that were brought to dealers for the required repair.
Keystone Auto Loans, a service that enables users to get pre-approved for financing online, is taking the extra step to warn their customers of this new danger. They will be posting about the subject on their company blog, as well as through their social media accounts. A senior VP at the company remarked, "As a web-based service, we try to go the extra mile in warning our clients of potential hazards associated with the online car buying process. If our campaign protects even one driver from hassle or harm, then it's well worth it." This official went on to say that he doesn't believe that the majority of sellers even realize that their vehicle was recalled. In many cases, the paperwork gets lost, or owners simply forget to bring in the vehicle for repair.
Keystone Auto Loans wants shoppers to know that they can a vehicle's VIN number to check the NHTSA's website for recall notices before they start shopping, and then either choose not to buy an unrepaired recalled vehicle or use that fact to lower its asking price.
About Keystone Auto Loans: Keystone Auto Loans (http://www.keystoneautoloans.com) is a leader in financial services for car-buyers. Having built an extensive, national network of dealer and lender partners, they enable their clients to get pre-approved for financing through their secure online application. The company works with clients of credit tiers, from prime to deep subprime, and there are no fees associated with their service.