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Consumers Need To Do More Homework Before Buying A Car

TORONTO, Jan. 21, 2021 /CNW/ -A In 2019, Walter Gaudet wanted a classy yet sporty luxury vehicle. He found just what he was looking for in a used Audi S3 being sold through a franchised Audi dealer. Like many people these days, Walter asked the dealer for the CarFax vehicle history report which stated "Accident reported involving front impact with another motor vehicle. Light damage reported". The Insurance Claims section of the CarFax report stated "No claims found". Further, the vehicle had passed the Certified Pre-Owned requirements from the Audi dealer and Walter was provided with the Audi Certified Plus report. The average person would most likely interpret that as nothing to worry about. Walter certainly interpreted it that same way.Fast forward one year and the world is in the middle of COVID. Like most people who found themselves spending their time for the foreseeable future not having to commute and working from home, Walter decided it was time to sell the S3. So he approached Automall Network, an auto broker, who offered a consignment program to sell it on his behalf."It was a great looking car" said Viraf Baliwalla, President of Automall Network. "We were happy to bring this vehicle into our inventory".The first steps in Automall Network's consignment program are to have the vehicle independently inspected and to review the VIN history and lien reports. "When we are representing the vehicle to potential buyers, we take on the liability of that vehicle" says Baliwalla. "So we have to be sure of the condition and history".
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