not sure why you call me off my rocker.
I am just stating their are errors in car fax and why some of it is reported and why some isn't. NO I don't think if you painted your car "touched up" If would go on car fax but what caused this? MAybe a "cosmetic" listing on car fax would work.

I was very shocked when I moved back to Wisconsin years back and had a title handed to me when I bought a vehicle and borrowed the majority of the cost. In most States I have lived in other than Wisc. ,you never got the title,just a copy. I can see the banks or any financial institutions point on this one. Think about it,I could buy a 10 k car sell it 10 days later and boogie to Canada or God knows where and forget about it. In my opinion it's called CYA, otherwise known as cover your arss.

Frogger, your a little off your rocker on this one. If you want your car repainted, touched up or anything else you think that should be reported? sounds pretty silly to me.

part 3

.....talked with only to have him tell me he sold it thursday then tried to pawn me off on another car. Had .."
I agree this is terrible. Did you walk out then or continue to look at other stuff. I would tell you it was sold but you may be interested in .....IF you come out that is great if not then cannot help that. I thought you were going to say sold that day. Yes it happens. I see it everyday. Guy comes from hour away. Car isn't sold when he calls. By the time he gets here it is gone. People cannot hold cars for you. Can take deposit to hold car. IF they say they will hold it for you and no contract and it is gone their is nothing in writing that the car is "held for you" The "other guy" was probably "holding for his customer too

part 2 of 3
contrary to what kangaroo(doesn't know).
here is a perfect example for you.
We question a lady on a carfax accident(minor).
She says I was never in an accident.
She finally remebers the police coming to an accident.(small- hardly even broke the paint. The police filed a report and it shows on car faX!
No repair at a body shop because paint wasn't even broken!!! Not sure what you don't understand here.

"For S&G's I had one ran on my truck. Came back saying it was in a major accident, which it never was even in a fender bender."

I also explained this. One wrong number fat fingered along the way and now your truck looks bad.

NO NOT ALL salesman/women are liars. Yes a lot are. I see no reason to lie about anything.

So when you trade your vehicle and the salesmen says to the potential client there was an error in carfax on your trade are you going to call the salesperson a liar?
If this was told to you I assume you would think they are lying. But you see it happens and we are just LIARS. Who else will believe us?

"Got there and found the same salesman

kangaroo- dealers don't charge to show you a car fax. Car fax charges the dealer for the use of the Car Fax.
State wont ban the fee they are the ones charging the fee to the dealer. The dealer cannot pay for these fees when people are sometimes paying no profit on a car deal because the other HUGE dealer can afford to lose money on a deal and make it up someplace else. The small dealers cannot afford to do this all the time. If you lose money all the time at your business trying to keep up (ie)with BOX stores and you are the little guy it wont happen. Some say "make it up in volume" . How do you make lost $$ up in sales in/ volume in a small store? You cannot hit the goal the manufactor gives you because you don't have volume because people will go to the big store and sell out the local guy for $100. You don't have the volume of a big city buying cars because of population etc.

Service fee(doc fee) must be reasonalble and charged to ever car deal. You cannot pick and chose who pays the fees and for what dollar amount. The state now charges the dealer to do paperwork that they never charged for before. The dealer has the right to pass this fee onto the customer.
The reason every dealer does it is because ONE strarted doing it and didn't have to. So now all of them do it. Some to me are unreasonable. I have seen $200 before.

KAngaroojack.
NO police don't report to carfar but the report is filed as the police we there for a crash or incident and somebody files it with car fax because of the accident report.

You car had an accident- ever see anybody have an accident and run. Ever pay for it yourself so you don't have an insurance claim? Ever pay for it yourself because you don't have insurance?? These are some examples why it wont show on car fax.
When a claim is filled this would be reported to car fax as well.

If ANY car is in a body shop it shouldhave to be reported.- but again- shady body shops wont report it.
NO dealer is trying to scam you because it was not on car fax. The dealer does not report and accident on a used car from, lets say 5 years ago, HOW would a dealer know it was in an accident.

.

If a dealer is not smart enough to make sure the lien on a car is paid off thats his bad luck
Or if some one buys a car from someone make sure there is no lien
Simple no need for more b.s.
The car saleman really has little say in a sale
the guy upstairs sets the limits

Hmm now maybe the state can ban the use of DOC fees now or at least limit them to $10.

As for carfax, its a complete joke. Just another way of getting more $$$. Contrary to what frogger says, the police are not going to turn it in to carfax. Carfax is a VOLUNTARY, not MANDATORY. not all shops sumbit to it. Hell I looked at a used SUV that the carfax was clean (ie no accidents) but yet theres pull marks on the driver front unibody where a bodyshop pulled it out from a crash. For S&G's I had one ran on my truck. Came back saying it was in a major accident, which it never was even in a fender bender.

Right with whoever said they hate dealers. I just hate most salemen. They do nothing but lie and lie and lie. That one in Delavan is probably one of the worst for shady salesmen in this area. Went to look at a used car on a saturday, called before I drove all the way there and the saleman said it was still on the lot. Got there and found the same salesman I talked with only to have him tell me he sold it thursday then tried to pawn me off on another car. Had another salesman, at a local used car lot that used to sell those chinese scooters, tried to tell me I dont need a motorcycle license for a scooter that he claimed does 60mph. Yeah riiiiiggggghhht. If it goes over 35 with a 150lb rider in WI you need a class M. Only honest salesmen I ever met sold motorcycles. No stupid games.

"JCK
Jul 20, 2012 at 1:24 p.m.
Suggest removal

It won't be long before the bank figures out a way to charge title holding, title releasing fees for this "service." I can't imagine that they are going to do it for free."

They already do.(state anyway)
If there is a lien the title is $10 more.
When you get a new title to clear a lien I would think there is a new title fee of $10 ish and maybe a counter fee to boot.

imjustsayin- MSO is the title for the dealership. Not the customer. Once the customer buys the NEW car from the dealer then customer gets their own title that will be held by the bank if their is a lien. The next dealer may also sign the MSO if the new car was traded to another dealer making the next dealer the new owner of the car until a consumer buys it.

GWENT- it is not the dealers obligation to put an accident on CAR FAX.
If a police officer comes to the scene of an accident and you never repair your vehicle it WILL appear on car fax even if a small dent you never repaired. Same goes for a medium accident. If you never reported it and pay cash for the repair it will never show on car fax. As far as maintenace. Some don't report to car fax. It doesn't mean the vehicle never had maintenance done.
Please get your facts correct before bashing dealers.
Here is another example of poor car fax info.
Person retitles auto at DMV. DMV will NOT walk to car for odometer(some repair shops either) to get EXACT miles. Then owner of car throws out an incorrect number(not deceptive- just doesn't know it is important to have EXACT miles). Then later correct odometer is entered and may be less that the previous one that was logged. Now we have "odometer issue".
We have also found sometimes in an accident an incorrect vin number was entered someplace. Again off by one number or letter and it makes this somebody elses car.
KBB is not the bible and neither is CAR fax.

Carfax would also scare you into thinking the car has many "issues" in order for you to purchase the car fax. Most of those "entries" are yearly registrations.

hedge"A lien on your title should be good enough"

untrue- case in point. Guy sells his car to dealer "because he doesn't need it any more" Cashes the check at the local bank on the way to airport. Gets a ride to the airport. Title he has shows NO lien REMEMBER. When dealer does their final title work indead a HUGE lien on car. Dealer out lots of money. FAke title and fake DL too??? Out of state title as well. If this were my business would have told the guy to take a hike.

Please tell me where you nice guys work. We are currently looking for something for my husband.... I would rather spend the afternoon at the gynocologist than to deal with a car salesmen. I flinch when I see them coming at me, and I feel used, abused, and confused when I leave. I don't want 14 phone calls in the 2 days following telling me they are my best friend and can do that paperwork while they clean my house for me. Just give me someone that will honestly answer questions for me and give me a fair price. When I get my title I always put it in my lockbox, so I guess all along the bank has it anyway!

It won't be long before the bank figures out a way to charge title holding, title releasing fees for this "service." I can't imagine that they are going to do it for free.

916WI
Who passed the law
Not the banks
there for the goverment is trying to control your life
A lien on your title should be good enough
This also shows that those elected to office are not needed full time & should be paid much less then they get now

sure looks "hokey" to me. After finding out
one doesnt have to put a car accident on a CarFax, I dont trust any auto dealers !!!!

OK maybe I am completely out of the loop here, but, what laws have been put in place for the banks for this situation? Does the loan need to be paid in full prior to them releasing the title, what time frame are people looking at that would be considered reasonable (in the laws eyes). If the bank receives electronic titles, are they then able to email the "owners" the title electronically? Would that then be considered a legal document for the state and or the purchaser? Or would we have to wait for the state to actually be the ones sending the actual title per the banks requests (I have had titles take--no lie 8 weeks, OK that was on a trailer, but I would assume if there was a lien it would apply to anything that has to be titled in the state of Wisconsin and not just autos). I guess I am just wondering the banks rules in all of this mess--IMO.

whzbng......Huh? What does registering the vehicle so it's legal for use on our roads have to do with having clear title? To answer your question--No, the state is not part owner if you pay cash. You could leave the car sit in your garage in order to admire on rainy days without ever registering the vehicle for use on our roads at all......

If you pay cash is the state still part owner? You still have to register that vehicle.

helge.....yes--this has zero to do with government control. Until the note is satisfied, the bank(not the government) whose money was used to purchase the vehicle, should possess the title to said vehicle until that money is paid back. Do you not agree with this?

We never had the title to begin with! We have a Certificate of Title. That is NOT the title. The real title is called the Manufacturer's Statement of Origin, or MSO. The State copies it, and destroys the original when it's sent in. What we have is a certificate. If you have a gift certificate, do you have the gift, or just a piece of paper saying you're entitled to the gift?
You are not full owner of your car, the state is also part owner. As such, the state charges you rent for its ownership, and that's called Vehicle Registration.
I'm just sayin'...

So this is called less goverment in control of your life?

KTM". They already have an advantage when they tricked so many people into being upside down on autos"
Nobody is "tricked" into being upside down. Most are atleast $3000-$5000 upside down.
Reasons- no cash down
long term loans to get payment down
HUGE rebates decrease values
trade in three years vs when breaking even at about 5 years.
rolling neg eq from the last deal and so on
bad credit = higher rates too and just compounds the issues
high miles driven anually
only pay min low payment
vehicle is abused and in bad shape
No cash down at all to cover taxes or anything.
I could go on but these are a few of the basics.
I have been in auto sales as well for 12 years.
I know all the tricks too and when you don't trick people they still get confused and buy at the dealer that "showed" them huge moeny for a trade. We all use the same resourses to get wholesale on a trade. A $500 trade is what is it. Sure you can make it look like thousands when you mark up a used car $7000. Can you imagine the deal you are not getting when your "push pull or drag is actually whoesaled at $3000. and they show you $3000 of the REATIL of a used car that is marked up $7000. Make my stomach hurt. Then they beat you up for hours and hours until you cave. Then the good guys are thought to be "the same way"
KBB is also a guide. It shows trade in value not wholesale value. The take wholesale plus assume you will get discount of the used or new car and add that together and that is "trade in value" Lots of places already post a sale price for you so then they cannot play games with a trade and make it look like more than it is worth.
Selling a car should not take 4 hours and any headaches. It is not rock science. I work someplace and we don't play games. We are efficient and we don't "I will get the manager" stall tactic until you give up and give in so you can fiannly leave 4 hours later.

True used car market is up some.
Hope all this helps some.

Tikiman, how is this screwing the “little guy”? Do own your home or does the bank have a “lien” on it called a mortgage? If the bank has a mortgage you can’t sell your home with satisfying that mortgage. When it is paid off you get a “clean title’ to your home. I don’t really see the difference here but maybe I am just too simplistic.

I like it. Now I won't lose my title and won't have to remember to bring it to the bank when I want to refi or am trading in.

I try frogger, I give them a chance, like i said I have found a few good ones that i will give first shot if I buy new. Used prices are so high now that it seams as if you are better off buying new. I know of many people that worked in used and new shops, many let things go by, and I am more qualified to inspect then some of the people that i know that have done that job.

tthompson where do you work? would love to find a good salesman, found one, but he never gets in what I want. Salesman and dealers all try the same tricks, they try to take advantage of people. They already have an advantage when they tricked so many people into being upside down on autos. Gets to the point some HAVE to trade at dealers they have no choice. Some good private deals are gone with in hours nowdays on sites like Craigslist.

KTM- sorry you feel this way about car dealers. I assume you have run into the typical used car sales man. Maybe you should try more reputable dealers and smile when you come in and are greated. Reputable dealers and all WI dealers do a safety check(not reputable may just check the boxes w/o doing the work) on a car. This is not done with private owner sales. In IL no checks are done AT ALL. You don't know anything about the vehicle for example bad brakes, bad tires etc.

I see no issue with holding title on finance deal. They are held in IL and on lease deals now.
Garyprimer- true so why the uproar from people on this. If you don't have it you can't lose it.

All these laws are for irresponsible people. If we didnt have so many stupid people amongst us half the laws they have would not be needed. The majority of people are so financially ignorant its unreal. Who buys a car with a lien on it anyway? Dumb people.

What in the hell does this have to do with the budget??????? Scooter scooter scooter . More red tape to cost the people and benefit the banks. As to selling it.

What in the hell does this have to do with the budget??????? Scooter scooter scooter

A lot of people will never see a car title again.

One more unnecessary law passed the Teapublicans legislature. With a few exceptions, I loathe most car dealers, and I worked at a ton of them in my past.

My Grandfather owns it, it is in Beloit by Fairbanks.

tikiman, regardless of who is physically holding onto the lien the bank owns it. This has nothing to do with the little guy. It's called technology.

ktm...it's unfortunate you have that vibe from car dealers. I've sold several thousand cars in my career and I'd like to think about 99% of those customers enjoyed the experience.

WE finance cars. Do you know in Wisconsin you can transfer a title with a lien on it? The lien will still be there but the owner will be different. They can do this without the lien holders permission or knowledge. I know, its been done to us. Now we have no info on the vehicle owner. This will stop consumers from taking advantage of small businesses.

Just out of curiosity...Where's the "buy here pay here" dealership at?

Screwing the little guy & giving more power to the banks. Good job losers.

Will this give dealersips an advantage? Will it be easier to just trade in then sell out rigt? I hate car dealers! I like buying private.

As someone who runs a buy here pay here car dealership, This is great news. This just made my day. One inconvenience outta the way. Good job guys

This is probably how it should be, but can be inconvenient if your lienholder isn't a local lender. Selling a vehicle on a whim with a national lender such as GMAC will force you to wait a week or two to receive the title. Of course, this will only apply if you're paying off the vehicle when it sells.