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The most common type of Trade-In Protection (or TIP) occurs at the dealership level, at the vehicle-buying transaction. Dealers either give away the entire TIP protection (up to $5000 in negative equity benefit), or give away a portion while leaving the balance to be purchased by the consumer ($2500 give away, $2500 for sale).
Vehicle Theft Protection Program is an educational initiative in North America started by the National Insurance Crime Bureau (NICB) and LoJack Corporation designed to help owners of cars, motorcycles, construction equipment and commercial vehicles better understand how to protect their assets from theft.
When it comes to product reviews, Consumer Reports is the gold standard. Gathering data from 300,000 vehicles from 2000-2023, CR’s team of engineers, journalists, researchers and scientists has ...
Consumer Reports was established in 1936 to advance the Consumer Movement through product testing and advocating for consumer rights. Today the organization employs 500 people to conduct experiments at its laboratories, report the results, do journalism on consumer issues, and present the consumer perspective in policy discussions.
Carfax, Inc. (stylized CARFAX) is an American company that provides vehicle data to individuals and businesses. Its most well-known product is the CARFAX Vehicle History Report. [1] Their other products include vehicle listings, car valuation, and buying and maintenance advice. [2]
The cover of the February 1986 issue of Consumer Reports featured a Yugo getting stared down by a Peterbilt truck with the caption "How much car do you get for $3990?" [40] The included review described the car as a "barely assembled bag of nuts and bolts", saying that a used car was a better buy. [40]