The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Chen who wrote (212667)	7/27/2009 1:19:55 PM
From: HPilot	Read Replies (2) of 306849

Not so. Believe they have to dismantle it. Never see the daylight again. And as I said there are no inspectors to see this happens. The dealer only has to swap a lower value clunker for the car traded in. Or outright fraud, but easy to get away with. Someone trades in a car worth a couple grand, dealer buys a clunker worth a hundred and barely runs and puts that VIN on the paper work and sells it to the scrap yard. Its really stupid because even without that they would be forcing the cars to the scrap yard with depressed prices without any such requirement.

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