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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.
Guaranteed asset protection insurance (or GAP Insurance) is an insurance coverage offered as a supplement to automobile insurance policies or auto loans. A GAP policy covers the difference between the value of a car (i.e., what the insurance company will typically pay), and what the borrower owes on the loan if the car is totaled or stolen.
Automotive warranty claims processing refers to the procedure that is followed when a vehicle owner or a dealership makes a claim under the vehicle's warranty. [citation needed] This claim is made to address repairs or replacements that are covered under the warranty agreement. [citation needed]
The whistleblower program was designed to protect the public by providing an incentive for insiders working at auto manufacturers, vehicle part suppliers or dealerships to assist the U.S. Department of Transportation (DOT) and National Highway Traffic Safety Administration (NHTSA) by bringing to the Government's attention information about ...
The court also discusses another eBay case, Boschetto v. Hansing, [7] in which a California buyer purchased a car from a Wisconsin seller via eBay. The buyer arranged for the car to be picked up and delivered to California. When the car arrived, the buyer found the vehicle to be in poor condition.
Even once rebuilt and inspected, a branded vehicle must retain a permanent record of its traumatic past. Vehicle title branding is the use of a permanent designation on a vehicle's title, registration or permit documents to indicate that a vehicle has been written off due to collision, fire or flood damage or has been sold for scrap.
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...