The Necessity of Vehicle VIN Lookup Before Buying a Used One
What is VIN and why is a checkup so important when you are buying a used vehicle?
VIN is an
acronym for Vehicle Identification Number and is embossed on every car, bike,
caravan, boat, and more. For cars and caravans, this rule came into force for
every vehicle manufactured from 1992. It is a 17-digit number in a mix of
alphabets and numbers. Each describes a certain aspect of the vehicle such as
the body type, engine number and type, vehicle color, year of manufacture,
vehicle make and model, and compliance plate details. You will get all these
details through a vehicle VIN lookup report from any websites specialized in this
field.
As a
buyer, this report will be very handy to verify the particulars of the vehicle
before you buy it. You will know whether the vehicle is genuine and not a
stolen one, as well as its history. A vehicle
VIN lookup will tell you if a stolen vehicle is being
palmed off to you, whether it is a flood-damaged or salvaged vehicle, and even
if the odometer has been tampered with. Knowing these aspects of the vehicle
will help protect your investment.
There is
another piece of information that you will get from a vehicle
VIN lookup and that is whether your intended purchase is
under lien to any financial institution. If the seller has any dues pending
against the vehicle you cannot transfer full ownership rights to your name even
after making full payment for it. You can either ask the seller to clear the
dues first or you can help out by doing so and adjusting the amount from the
final asking price.
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