Checking VIN: Benefits Of VIN Check

Posted: Jul 16 2018, 10:16am CDT | by , in News | Cars & Vehicles

 
Checking VIN: Benefits of VIN Check

f you as a car owner or driver do not know what VIN is then you ought to continue reading as this may change your behaviour on the car market in future. Generally speaking, VIN stands for Vehicle Identification Number, an array of characters identifying a car. Every passenger vehicle manufactured for U.S. sale since 1981 has a standardized identification number, while the VINs on older cars may vary in length and character type, depending on the manufacturer. To find out how a vehicle identification number can make value for you, make sure to read this article.

Lemon Dilemma on Car Market

Buying or selling always entitles the lemon dilemma due to asymmetric information possessed by the buyer and the seller of a product, regarding its value. This problem was first studied on the U.S. vehicle market when it became obvious that only sellers have full scope of information about their wheels on sale. Buyers, on the other hand, should either trust a seller or try to find some more detailed and honest data by themselves. Nowadays, state does help to make the situation fairer by the respective checking tools.

Benefits of Checking VIN

The vehicle identification number serves as the car's fingerprint, as no two vehicles in operation have the same one. A VIN is usually composed of 17 characters acting as a unique identifier for the vehicle. It displays the car's unique features, specifications and manufacturer and can be examined through FAX VIN that is a platform for a completely free VIN Check. Thus, the VIN can be used to track recalls, registrations, warranty claims, thefts and even insurance coverage of the car one intends to purchase.

Below are a few more benefits VIN check is capable of bringing:

  • saving your money: once you have ordered a free check, you will get all the necessary information about the car. For a low fee, you may also learn the full history of your vehicle, including registrations, accidents, and odometer readings. With this information on hand, you will make an informed choice and will not pay the extra money.

  • keeping you protected: in case you already own a vehicle, a VIN search with The Department of Transportation’s National Highway Transit Safety Administration can tell you if there are any open recalls on your vehicle.

  • avoiding fraud: with VIN check, you get access to the automobile history. So if a car spent three years in California, then suddenly turned up registered in New York, but within months was registered in California again, it should raise some red flags that maybe there are two vehicles in play, sharing the same VIN.

Vin Check

For those wishing to buy a vehicle or simply ensure that the owned one is not involved in any legal affairs, VIN check is a perfect tool. It allows to see the car’s history at no cost. In case one requires a more detailed examination of identification number, there are also several options for fee-based check which will provide more details and fully equip a prospective wheels owner with the relevant information.

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The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]i4u.com.

 

 

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