67 Shelby GT500

 

Touch up Paint

You'll need to know the factory code, and every manufacturer stamps this information somewhere on the car.

http://www.automotivetouchup.com/

In the search box type "paint code" and the make of car.

Also search at

http://www.paintscratch.com/

Specific Buying for Our Clients at Dealer Auctions (Nationwide)

Specific Buying for Our Clients at Dealer Auctions (Nationwide)

Among the many services offered to our clients, H.M. Brown and
Associates, Inc. regularly has buyers at auctions (dealers only)
across-the-nation to buy off-lease, special program (late model year) vehicles specifically for our clients wants and needs.

Since 1997 when this program was initiated, we have successfully
purchased over 1500 vehicles meeting our clients’ specifications.

If you are the type of buyer that must see and drive a vehicle before purchasing, this plan is NOT for you.

How the Process Works
Utilizing our expertise in acquiring all makes and all models of
Vehicles for our clients, we have access to information about vehicles that
are scheduled to be sold at auction (which is a competitive bidding
Arena). We carefully analyze the RECENT historical sales of like vehicles
on both a regional and national basis to assure that the price you
ultimately will pay will be fair and reasonable.

Our buyers have over 35 years of experience in examining vehicles prior
to them being run in the auction lanes. We are very discriminating; we generally will not bid on any vehicle that has had multiple body panels repainted (usually a sign of repaired damage). We will not buy any vehicle that has disclosed frame damage or that has a salvage title. Please be advised: if you are a buyer who must see the vehicle you want to buy, this process is not for you.

At some auctions, over 4,000 vehicles will be sold in one day, in multiple lanes. Each vehicle has approximately 30-45 seconds in which many prospective buyers bid on that car. The auction’s responsibility is to maximize the selling price on behalf of the seller (Lease Company, dealer, bank). Our job is to buy at the lowest possible price in a bidding arena and deliver the car to you at a price within a $1000.00
range, plus tax, (e.g. a 2007 Jeep Grand Cherokee Laredo V8 4x4 -
$21,200-$22,200). For vehicles selling for over $50,000, the range might be $2,000 or more.

Provided that our buyer is successful purchasing the car for us and
ultimately for you, the vehicle will be driven to our office (for Colorado
Auctions). For out of state auctions, the vehicle will be transported
by truck to our office, which generally takes about 14 days. Once the
car arrives, we authorize a local shop to perform a safety check on the
vehicle, and our detail shop will finalize the cleaning and preparation
for you to take delivery of your new car. Most late model year vehicles
purchased will have the remaining factory warranty.

We always run an Auto Check information report , a similar service to Carfax. Any change in ownership or title changes are always shown, with little to no exception. See a copy of a vehicle I recently sold. The auction condition reports will indicate if the visual inspection shows ANY indication of a prior accident, or minimally if the vehicle has had prior paint work. It will also indicate area(s) of condition deficiency, or work that needs to be done to make the car what the industry calls "Front Line Ready". I generally do not even present possible vehicles to customers that require more than 3-4 hours of reconditioning labor. Prior to the vehicle leaving the given auction, we have the auction perform what is called a "frame and mechanical" inspection. We can and would refuse to take the car if a given vehicle had prior damage (that might not have shown in an Auto Check report).

Once the car arrives at our premises, our staff inspects the vehicle for the obvious: no body/transit damage, all features functional, etc. The independent mechanics perform a mechanical inspection per H.M. Brown's specifications. The mechanics inform us of the service work needed to meet our specifications (such as oil/filter change, transmission service, tires, brakes, air conditioning service, emissions test, etc). Once the service work is competed, our shop professionally details the vehicle prior to our customers' taking delivery.

We will consult with you about which vehicle would best suit your needs
and when we (you and us) are in agreement on a vehicle and a price
range, we will forward an Auction Purchase Authorization to you. We take a minimum deposit of $1000.00 (more may be required, to be determined on a case by case basis) from you the day or two before the auction. The deposit will be cashed when we have made a successful buy for you and will be shown as a credit to your account upon delivery. We can also arrange competitive financing and lease terms for you.

Wholesale versus Retail Markets and Values

Wholesale versus Retail Markets and Values


For most products and services, there are both “wholesale” and “retail” markets and prices.

The primary difference between these two markets is that the buyers in the wholesale markets buy products/services at a value less than what a retail buyer would pay with the intent of making a profit by selling the product/service to a retail customer or end-user.

Generally speaking no two buyers in either the wholesale market or retail market pay exactly the same amount for product or service.


Fair Market Value (FMV) is a term in both law and accounting to based on an estimate of what a buyer would pay a seller for any piece of property. A Fair Market Value is valid if it is applied, and worthless if not (applied). For example, the opinion of 1,000 people about their intention to buy a product has no meaning if nobody buys the product. On the other hand, if there is one single person interested in a product, it is a one-person market. In this case, the price offered by the one person would be a Fair Market Price. Fair Market Value is usually subjective due to the circumstances of its valuation, including place, time, the existence of comparable precedents, and the evaluation principles of each involved person. Opinions on value are always based upon subjective interpretation of available information at the time of assessment.

Why should I lease my vehicle?

Why should I lease my vehicle?

1. Capital preservation. New vehicles depreciate the most during the first three years. Place your capital in appreciating assets: real estate, securities, rather than in a vehicle.

2. Risk reduction. Leases include GAP insurance which indemnifies you for any deficiency in your lease account in the event the vehicle is stolen and unrecovered or in a total loss accident.

3. If you tend to turn your cars every 2 to 4 years, the value of your used car is always negotiable (almost always downward) if you own. When you lease, the value of your end-of-term vehicle is fixed, so if the market value is less than the lease company projected, you simply walk away.

4. New leases have the option to cover excess wear and tear on your car. Special coverage will reimburse the lease company up to $2500.00 for worn tires, chipped, cracked or broken glass, body damage and interior wear.

Selling a Vehicle to a Private Party

Selling a Vehicle to a Private Party


When selling your vehicle to another private party you must provide the purchaser:

1. A bill of sale stating your name(s), a description of the vehicle including model year, make, model, color, and vehicle identification number. Also state the date of sale, the dollar amount of the sale.

2. Depending upon the model year, and residential location of the buyer, you might need to provide an emission test.

It is the buyer’s responsibility to take the bill of sale from you to the Department of Motor Vehicles in the county in which they reside to obtain a temporary permit. Remove the license plates from the vehicle. You may transfer them to your new vehicle, at the appropriate time.



Payment from buyer to you.
To protect yourself against a scam, do not take a personal check
Also, do not take a bank check or cashier’s check unless you go into the buyer’s bank with them to have a check payable to you.


In Colorado, if you have a lien (loan) on the vehicle, your financial institution should have possession of the title. In order for your bank to release the lien/title of the vehicle, the loan must be paid in full.

There are two methods to achieve this:
1. Have the buyer wire transfer funds directly to your bank or credit union for the FULL AMOUNT of the sale price. You will need to contact your bank to inform them of your plans to sell the vehicle and to get the bank’s wire transfer information to include, but not limited to: Bank’s Name, Physical Address, Telephone, ABA Routing Number, Account Number. VERY IMPORTANT: remember to request your bank (upon receipt of the buyer’s funds) to pay off the lien, and place the remaining funds in your checking account. Provide to your bank the buyer’s name and address. Your bank will send the title to the buyer when the loan account is closed.

2. Go with the buyer (and his cash) into your bank. Have the bank receipt the necessary funds to payoff the lien and you receive the difference (between the selling price and the payoff amount) in cash.

Release the vehicle to buyer ONLY AFTER you have verified your loan has been paid and receipt of any additional funds.

Why is My Trade in Value Less than I Thought?

This is often a question people ask in Colorado.

Kelly Blue Book is a guide, a mathematical formula (algorithm), and all banks and financial institutions (that do business in Colorado) do not consider KBB valuations to be in line with reality.

You've heard about the mortgage markets being in turmoil. And certainly the auto industry. Well, in light of these two, all lending institutions are exercising due caution with regard offering loans on vehicles which have been over-valued by KBB and others. (And these institutions are under the scrutiny of the FED [Federal Reserve Bank] .)

These institutions, by their size and influence, render the (over) valuations of KBB to be virtually unusable. Yet because their values are in the public domain, it has the effect of creating uncertainty, if not confusion in the marketplace.