Saturday, October 17, 2015

#COMMONWEALTH OF #KENTUCKY APPLICATION FOR TITLE AND REGISTERATION VTR

PPLICATION MUST BE COMPLETED IN BLUE OR BLACK INK
COMMONWEALTH OF KENTUCKY
APPLICATION FOR KENTUCKY CERTIFICATE OF TITLE/REGISTRATION
Check the type of application desired
If Duplicate is checked, the original Certificate of Title is:
Duplicate Title Only Transfer First Time Salvage Other
Lost Destroyed Damaged Illegible Other
Vehicle Identification Section
VIN Make
Year Body Style Model Model No. Color
Motor No. Cylinders Truck Weight
(if motorcycle)
TITLE BRAND DISCLOSURE
Check appropriate block if: Rebuilt Vehicle Water Damage
When block is checked and title does not include brand, provide
jurisdiction and title number
where previous brand was issued.
CERTIFIED INSPECTOR SECTION
I, (Certified Inspector)
O f County Phone No. ( )
Do certify under penalties that I have physically inspected the vehicle described
herein and that the supporting documents are consistent with the vehicle description.
THE VEHICLE HAS AN ODOMETER READING OF NO TENTHS
THE VEHICLE IDENTIFICATION NUMBER IS:
INSPECTION REQUESTED
BY
OWNER DRIVER LICENSE NO. & STATE
CERTIFIED INSPECTOR’S SIGNATURE INSPECTOR NO. DATE
ODOMETER DISCLOSURE **** CAUTION READ CAREFULLY BEFORE YOU CHECK A BLOCK****
Federal law requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.
I certify to the best of my knowledge that the odometer reading is the actual mileage of the vehicle unless one of the following statements is checked.
(no tenths) 1. The mileage stated is in excess of its mechanical limits.
Odometer Reading 2. The odometer reading is not the actual mileage. WARNING - ODOMETER DISCREPANCY
TOTAL CONSIDERATION AND TRADE-INFORMATION
Giving a false statement as to the total consideration paid is a Class D Felony with a minimum fine of $2000.
Sale Price $ Trade In $ Net Cost $ Tax $
(Credit allowed only on vehicles registered in KY and applicant has paid tax.)
Make Year VIN No. Title No. { Make Year VIN No. Title No. Trade In
Date of Sale
Seller and buyer further certify subject to penalties of forgery in the second degree, that each has supplied true and correct information to the best of his knowledge and belief, in this document, including the above affidavit
JOINT OWNERSHIP: OR AND NOTE: If neither box is checked the Title Transfer will require both signatures
NAME OF SELLER DEALER NO. NAME OF OWNER/BUYER S.S.# BIRTH MO.
STREET ADDRESS PHONE. NO. NAME OF OWNER/BUYER S.S.# BIRTH MO.
CITY COUNTY STATE ZIP ADDRESS
CITY COUNTY STATE ZIP
I ( have) ( have not) applied for a loan in connection with the vehicle described herein and if not, I ( will) ( will not) apply for a loan within 30 days of this application.
LESSEE NAME OR OTHER FIRST LIENHOLDER
LESSEE ADDRESS ADDRESS
CITY COUNTY STATE ZIP COUNTY LIEN TO BE FILED IN
SELLER’S SIGNATURE OWNER/BUYER (S) SIGNATURE (S)
SELLER’S SIGNATURE OWNER/BUYER (S) SIGNATURE (S)
Date of Transfer
Attesting Official Title Attesting Official Title
Subscribed and sworn to before me this day of 20 Subscribed and sworn to before me this day of 20
My commission expires My commission expires
COUNTY CLERK USE ONLY
TYPE APPLICATION DATE OF ISSUANCE TITLE NO. PLATE NO.
I certify under above described penalty that I have reviewed this application and the documents supporting it and that the same are present and consistent with this application; that I received the
application on the date and time indicated hereon and that fees were collected as indicated. I further certify that the required information has been entered into the automated vehicle identification
system (AVIS)
SIGNATURE & TITLE OF ISSUER COUNTY DATE
I certify that the lien indicated to be filed has been noted into the automated system and that a title will be withheld for 30 days, or until financing statement and fees required are received,
whichever occurs first.
SIGNATURE DATE
DO NOT ACCEPT TITLE SHOWING ANY ERASURES, AL

Friday, October 16, 2015

#Kentucky #Used #Car #Dealer #Forms

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com

#State #Of #Kentucky Automobile #Reassignment Form

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com















Saturday, October 10, 2015

Kentucky HillBilly Earl Ain't Never Made No Shine But I Might Have Growed A Little Weed

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com






Stevescars.com has #cheap #used #cars #for #sale from $500-$5,000. We are located in #paducah, #Kentucky and offer #tax#refund #layaway #auto #purchase. See our website for used honda accords, used pickup trucks, used jeeps, and other 4x4's.



Monday, October 5, 2015

1999 GMC JIMMY 4x4 170,000 miles Police Impound Special AFFORDABLE NATIONWIDE SHIPPING AVAILABLE 270-441-4001

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com

We are the nation's number #1 reseller of Police Impound Auction cars. WE just purchased this 1999 GMC Jimmy with 170,000 miles CA. rust free car 4x4 see our website stevescars.com







Friday, September 11, 2015

TEN THINGS THAT GIVES IT AWAY THAT YOU WERE ONCE IN THE MILITARY

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com








1. Walking fast. You might be doing a great job of blending in to your civilian surroundings, but your walk is always going to give you away. Military personnel walk with a purpose, as if their trip to the grocery store is actually a Pentagon press briefing.


2. Hair. Broke your habit of getting a high and tight? Good for you. But that leaves you two options: the fade and the classic “officer or pilot hair.” Yes, we see you pushing the edges of the “three inches on the top” rule as proscribed in Army Regulation 670-1.

3. Eating fast. Habits are hard to kick. And rarely in the military did you ever have ample time to appreciate your food even if you wanted to.

4. The power stance. Noncomissioned officers and officers are easy to spot: Just look for the person attempting to own the room through the “thumbs through the belt power” stance or the “crossed arms and not leaning against anything” stance.

5. Jargon. Just try not to say “roger” or “negative” in conversations. Just try. Eventually, your language will out you.

6. Walking. There is no way that a group of military members can take a casual stroll down a sidewalk without eventually falling into step. Even if you try not to, you will.

7. Sunglasses. Congratulations, you’re not wearing Oakleys or G.I. frames. Well done. But you’re still wearing sunglasses all the time. Even when it is cloudy out.

8. Absurd politeness. You can easily pick out service members by their over usage of “sir” and “ma’am.” It is a credit to the military’s discipline that a cashier receives the same clipped tones and politeness a four-star general would.

9. Scanning crowds. Go to a party and you’re bound to see the one person who is constantly scanning usually somewhere where they can see the whole room. And God help the person acting suspicious because the military promotes being confrontational.

10. Sleeping anywhere. Military personnel can sleep approximately anywhere, in any weather, on anything. They also come out of it rapidly and coherently, which paid dividends for the people aboard the Paris-bound train with the gunman aboard who was overpowered by two U.S. service members.

Thursday, September 10, 2015

Millennial's Want Magnum's

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com



Dodge Magnum has a higher rate of Millennial buyers than any other vehicle on the used-car market, according to a new analysis by car shopping destination Edmunds.com.

The analysis further found that there is an array of unlikely, out-of-production models - like the Magnum, Chrysler Pacifica and Pontiac Aztek - that are finding new life on the pre-owned market with a younger crowd of buyers.

According to Edmunds' findings, 27.6 percent of all used Magnums sold in the U.S. were bought by Millennial shoppers (age 18-34) in the first six months of 2015, outpacing any other vehicle on the used car market, and far exceeding the overall used car industry average of 16.8 percent. The vehicle's pull with young buyers is not just isolated to this year: based on Edmunds' research, the Magnum is poised to claim the top Millennial share for the third year in a row. Chrysler Pacifica is next on the list, with 27.3 percent of all used sales this year registered to Millennials.

DEALERSHIP SUED IN CONNECTION WITH FATAL ACCIDENT

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com








Connecticut Dealership Sued In Connection With Fatal Accident



An independent dealership in Connecticut is facing a lawsuit after a fatal vehicle accident. The crash didn’t involve dealership employees or happen on dealership property, however, the family attorney for one of the individuals killed filed suit against the dealer.

This past February, Jeremy Rucker, 24, of Naugatuck, Connecticut and 23-year-old Michael Maldonado of Waterbury, Connecticut were killed in a head-on collision with a school bus. The cause of the accident is unknown, but the family attorney is suiting the dealership that owns the 2006 Dodge Dakota that they were driving. The accident occurred on a straight stretch of road near route 8 in Nagatuck, Connecticut. The dealership that’s being sued is a used store called A Better Way Wholesale Autos.

The Dodge Dakota had an onboard computer that allowed vehicle tracking. Using the computer data, authorities were able to see that the vehicle crashed while traveling 34 miles per hour and the two men headed to the local dump right before the eventual crash. Witnesses report the truck flatly crossed into oncoming traffic, that there wasn’t a swerve at all. Rucker was found with his cellphone in his pocket and authorities have no clear indication if distracted driving was a factor in the crash.

The dealership is being sued because they own the vehicle and it was potentially mechanically faulty. However, the truck was so badly mangled that no mechanical cause for the accident was found. In an interview with the local Citizen’s News newspaper, Rucker’s mother noted issues with the vehicle. In an interview, Rucker’s mother said, “Rucker said he always got bad vehicles to drive; he never got a well-maintained or nice car.” Rucker’s mother also noted that he had complained about issues with the vehicle, including its handling. The dealer sued in connection with the crash has to this point declined to comment on this story.

Has your store ever been sued after an accident involving a vehicle that you sold? Do you think dealers are typically well prepared for the public relations and legal challenges of this type of incident?

Wednesday, September 9, 2015

THE CONSUMER FINANCIAL PROTECTION BUREAU LEVY FINES AGAINST THE NATION'S TWO LARGEST DEBT COLLECTORS





WASHINGTON, D.C. -
The Consumer Financial Protection Bureau took action on Wednesday against the nation’s two largest debt buyers and collectors for allegedly using deceptive tactics to collect bad debts, which may have included auto finance recoveries.

The bureau found that Encore Capital Group and Portfolio Recovery Associates bought debts that were potentially inaccurate, lacking documentation, or unenforceable.



Without verifying the debt, the CFPB charged that the companies collected payments by pressuring consumers with false statements and churning out lawsuits using robo-signed court documents.

The CFPB has ordered the companies to overhaul their debt collection and litigation practices and to stop reselling debts to third parties. Encore must pay up to $42 million in consumer refunds and a $10 million penalty, and stop collection on more than $125 million worth of debts.

Portfolio Recovery Associates must pay $19 million in consumer refunds and an $8 million penalty, and stop collecting on over $3 million worth of debts.

“Encore and Portfolio Recovery Associates threatened and deceived consumers to collect on debts they should have known were inaccurate or had other problems,” CFPB director Richard Cordray said.

“Now, the two biggest debt buyers in the market must refund millions and overhaul their practices. We will continue to take action to protect consumers from illegal and obnoxious debt collection practices,” Cordray continued.

Encore Capital Group is headquartered in San Diego. Its subsidiaries also named in Wednesday’s action are Midland Funding, Midland Credit Management, and Asset Acceptance Capital Corp. Together, they form the nation’s largest debt buyer and collector.

Portfolio Recovery Associates is the nation’s second largest debt buyer and collector. Portfolio Recovery Associates is a Delaware for-profit corporation headquartered in Norfolk, Va. and is a wholly-owned subsidiary of PRA Group, which also includes PRA Location Services that specializes in the auto finance space.

As debt buyers, the CFPB explained Encore and Portfolio Recovery Associates purchase delinquent or charged-off accounts for a fraction of the value of the debt. Although they pay only pennies on the dollar for the debt, they may attempt to collect the full amount claimed by the original finance company.

Together, the regulator indicated these two companies have purchased the rights to collect more than $200 billion in defaulted consumer debts on credit cards, phone bills and other accounts.

The CFPB found that Encore and Portfolio Recovery Associates attempted to collect debts that they knew, or should have known, were inaccurate or could not legally be enforced based on contractual disclaimers, past practices of debt sellers, or consumer disputes.

Officials also mentioned the companies filed lawsuits against consumers without having the intent to prove many of the debts, winning the vast majority of the lawsuits by default when consumers failed to defend themselves. These practices violated the Fair Debt Collection Practices Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Collecting bad debts

The CFPB determined Encore and Portfolio Recovery Associates illegally attempted to collect debt that they knew, or should have known, may have been inaccurate or unenforceable. Specifically, the CFPB found that the companies:

• Attempted to collect on unsubstantiated or inaccurate debt: Encore and Portfolio Recovery Associates stated incorrect balances, interest rates, and payment due dates in attempting to collect debts from consumers. The companies purchased large portfolios of consumer debt with balances that sellers claimed were “approximate” or that otherwise did not reflect the correct amount owed by the consumer.

• Sellers also warned the companies that some of the debts they were buying may not have the most recent consumer payments deducted from the balance. Some sellers also represented that documents were not available for some of the accounts. The companies continued purchasing from these sellers and then collecting on that debt without first conducting any investigation to determine whether the debts were accurate and enforceable.

Illegal litigation practices

The bureau found Encore and Portfolio Recovery Associates collected debts through lawsuits and threats of legal action in unlawful ways. Specifically, officials said the companies:

• Misrepresented their intention to prove debts they sued consumers over: Encore and Portfolio Recovery Associates regularly attempted to collect on debts by suing consumers in state courts across the country. In numerous cases, the companies had no intention of proving these debts. They placed tens of thousands of debts with law firms staffed by only a handful of attorneys and in many cases made no effort to obtain the documents to back up their claims. Instead, the companies relied on consumers not filing a defense and winning the lawsuits by default.

• Relied on misleading, robo-signed court filings to churn out lawsuits: Encore and Portfolio Recovery Associates filed affidavits that contained misleading statements in debt collection lawsuits across the country. For example, they both used affidavits that misrepresented that the affiants had reviewed original account-level documentation confirming the consumers’ debts when they had not. The companies also submitted affidavits with documents attached that they claimed were the consumers’ specific account contracts or records when they weren’t. These shortcuts allowed the companies to churn through lawsuits without doing the research and due diligence required to obtain a legitimate judgment.

• Sued or threatened to sue consumers past the statute of limitations: From at least July 21, 2011 to March 31, 2013, Encore sent thousands of letters offering a time-limited opportunity to “settle” without revealing that the debt was too old for litigation. From January 2009 to March 2012, Portfolio Recovery Associates sent similar letters to consumers. Both of the companies also filed cases past the applicable statute of limitations.

• Pressured consumers to make payments using misrepresentations: Encore and Portfolio Recovery Associates made other inaccurate statements to consumers to press them to make additional payments. Specifically:

• Encore falsely told consumers the burden of proof was on them to disprove the debt: In sworn affidavits, Encore falsely told consumers and courts that the debt should be assumed to be valid because the consumer had not disputed it within a certain time period. In fact, Encore had the burden to first prove the debt was owed and accurate before the consumer had to challenge it.

• Portfolio Recovery Associates falsely claimed an attorney had reviewed the file and a lawsuit was imminent: The company’s collectors, who identified themselves as from the “Litigation Department,” misrepresented to consumers that litigation against them was planned, imminent, or even underway. In reality, in many cases, an attorney had not reviewed the account and the company had not decided whether to file suit.

Other illegal collection practices

Officials noted four other actions by the companies found during their investigation, including:

• Encore disregarded or failed to adequately investigate consumers’ disputes: If a consumer disputed their debt more than 45 days after Encore started collecting, Encore would require the consumer to produce specific documents or other “proof” to support their dispute or it would not conduct the legally-required investigation of the issues raised by the consumer.

• Encore farmed out disputed debts to law firms without forwarding required information: In numerous instances, Encore assigned disputed debt to law firms and third-party debt collectors without informing them that the debt was disputed. As a result, law firms evaluating Encore accounts for litigation did not know which accounts were disputed.

• Encore made harassing collection calls to consumers: Encore called consumers repeatedly or continuously with the intent to annoy, abuse, or harass them into paying. Encore’s subsidiary, Asset Acceptance, made thousands of calls to consumers before 8 a.m. or after 9 p.m. and called hundreds of consumers more than 20 times in a two-day period.

• Portfolio Recovery Associates misled consumers into consenting to receive auto-dialed cell phone calls: For approximately a year, and ending in August 2013, Portfolio Recovery Associates told consumers that they could only prevent collection calls to their cell phones before 9 a.m. if they consented to receive calls on their cell phones from a dialer. The company penalized representatives who failed to adhere to this policy.

Enforcement action

Pursuant to the Dodd-Frank Act, the CFPB said it has the authority to take action against institutions or individuals engaging in unfair, deceptive, or abusive acts or practices or that otherwise violate federal consumer financial laws. Under the terms of the CFPB orders released on Wednesday,

• Encore and Portfolio Recovery Associates are required to stop reselling debts: The companies are prohibited from reselling the debts they buy to other debt collectors. Officials believe this step will protect consumers from the potential harm that results when debt collectors continue to sell and resell debts that may be inaccurate or lack the business records and information needed to collect them.

• Encore must pay up to $42 million in refunds: The company must provide refunds where it collected payments by misrepresenting that it could sue on a time-barred debt or by misrepresenting in court that a debt was assumed valid because the consumer did not previously dispute it.

• Portfolio Recovery Associates must pay $19 million in refunds: The company must provide refunds where it collected payments by misrepresenting that an attorney had reviewed a debt or that collectors were calling on behalf of attorneys, and where it collected payments on judgments that it should not have obtained because they were barred by the statute of limitations from suing to collect the debt.

• Encore must stop collecting on $125 million of debt: The company must release or move to vacate all judgments and dismiss all lawsuits where it misrepresented that a debt was assumed valid, and stop any attempts to enforce or collect on these judgments. The face value of this debt is estimated at more than $125 million.

• Portfolio Recovery Associates must stop collecting on $3 million of debt: The company must release or move to vacate all judgments and dismiss all pending lawsuits it filed past the statute of limitations and stop any attempts to enforce or collect on those judgments, estimated to have a face value of $3.4 million.

• Stop collecting debts they can’t verify: Encore and Portfolio Recovery Associates can’t collect unsubstantiated debt. Under the order, they must review original account-level documents verifying a debt before collecting on it when, for example, a consumer has disputed it, the seller didn’t promise it was accurate or valid, or the debt was part of a portfolio they knew included unsupportable or inaccurate information.

• Ensure accuracy when filing lawsuits: The companies cannot file lawsuits to enforce debts unless they have specific documents and information showing the debt is accurate and enforceable.

• Provide consumers information before filing suit: Encore and Portfolio Recovery Associates must provide consumers with information about a debt, such as the name of the creditor and charge-off balance, and offer to provide consumers with original documents relating to the account before they are allowed to file a lawsuit or threaten to file suit to collect the debt.

• Use accurate affidavits: The companies cannot use affidavits to collect debts unless the statements contained in the affidavits specifically and accurately describe the signer’s knowledge of the facts and the documents attached.

• Reform collection of older debts: Encore and Portfolio Recovery Associates are prohibited from suing or threatening to sue to collect on time-barred debt. They also cannot collect on such debt unless they disclose to consumers that they can’t sue to collect it.

• Encore must pay a penalty of $10 million to the CFPB’s Civil Penalty Fund.

• Portfolio Recovery Associates must pay a penalty of $8 million to the CFPB’s Civil Penalty Fund.

Tuesday, September 8, 2015

TRUE CAR AND SAM'S CLUB TEAMUP

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com





TrueCar is teaming up with Sam’s Club. The warehouse arm of Wal-Mart will be offering its members access to the TrueCar online consumer database. According to the Sam’s Club website, its members will have access to the inventory at over 10,000 dealerships, which according to Sam’s Club is three times more than its nearest warehouse club channel rival. The program is said to offer guaranteed member savings on new and used vehicle purchases.

“Our auto buying program will save members both time and money,” Seong Ohm, senior vice president of merchandise business services at Sam’s Club said in a statement.” The process of purchasing a vehicle can be a daunting task. We’ve chosen to launch our auto buying program with TrueCar based on their proven ability to bring car buyers a best-in-class experience.”

Jim Nguyen, TrueCar’s co-founder and executive vice president of partner development, spoke about the partnership in a statement. Nguyen explained, “TrueCar and our dealer partners have helped modern consumers save over $3 billion off MSRP and are delighted to provide the best and most innovative car-buying experience to Sam’s Club members.”

Sam’s Club joins Costco in the warehouse club channel as offering auto discounts to its members and leads to local dealers. As we reported previously, in the case of Costco, the organization teams up with one dealership per brand in their area and sends its members to that store. In 2014, the Costco auto sales program was responsible for nearly 400,000 auto sales and has been around since 1989. For perspective on those stats, AutoNation, the largest dealer group in the country sold 533,000 vehicles last year.

The partnership with Sam’s club comes weeks after TrueCar founder and CEO Scott Painter decided to retire at the end of the year, and a few months removed from TrueCar and AutoNation ending their business relationship.

Do you think that this TrueCar-Sam’s Club Partnership will prove valuable for TrueCar? As was the case with Costco, Sam’s Club sees this partnership as a member benefit, not a profit driver. Costco’s program led to nearly 400,000 sales in 2014 … Do you think that the Sam’s Club Auto Buying program will be as successful as similar program at Costco?

Monday, September 7, 2015

#CORVETTES AT CARLISLE

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com











It is a celebration of the greatest American sports car, and everything right in the world. Raucous V-8 power. Finely tuned suspension. But alas, amidst all of familiarity there are certainly some standouts. While many are good at blending in, others can’t help but grab your attention. Here are some of the most outrageous things we have seen at the 2015 Corvettes at Carlisle event so far, starting with the show field and ending with the bikini contest (a new addition this year):

Stay tuned for more coverage of the 2015 Corvettes at Carlisle as this event wraps up!

What’s not to love about a modified midyear with Forgelines, aftermarket chassis and a beautiful paint job? This former Vette feature is also packing an Procharged LS power – an LS6 with a D-1SC to be exact – with a Tremec TKO 5-speed manual.There were plenty of ZR-1’s in attendance, this is just happened to have the most (how shall we say) highly decorated LT5.Get you some of that! There’s nothing like driving around a Corvette with a Pro Mod-style blown big-block and no hood. That’s a GMPP 502 with Edelbrock heads and a BDS 6-71. The gold, purple, and other accents are straight out of the ‘90s. And true to Corvette form, that’s real 24K gold plating.Yes, there was a burnout contest. And unofficially, we’d say that Corvette America won.001 2015 Corvettes At Carlisle
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1 of 11 © Provided by Hotrod
What’s not to love about a modified midyear with Forgelines, aftermarket chassis and a beautiful paint job? This former Vette feature is also packing an Procharged LS power – an LS6 with a D-1SC to be exact – with a Tremec TKO 5-speed manual.

#NEW 4x4 ARRIVALS FROM THE LATEST #POLICE #IMPOUND #AUCTION

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com

We just received the following vehicles for resell from the local #Police #Impound #Auction: NOT SHOWN 2004 150cc Vespa Scooter, The two shown 89 Toyota 4Runner 4x4 4 cylinder 180,000 miles 1999 GMC Jimmy 4x4. Contact us at 415-987-6706 for more information on these used cars. for sale
















Saturday, September 5, 2015

Fisherman's Wharf Street Dancers in San Francisco














AMERICAN'S BUYING MORE IMPORTS




The American International Automobile Dealers Association released August 2015 sales figures. AIADA represents America's approximately 10,000 international nameplate franchises whose brands accounted for 55.3 percent of all vehicles sold in the United States last month, down slightly from 55.6 percent in July.

AutoData Corp. reports that the seasonally adjusted annual rate (SAAR) in August was 17.8 million units versus 17.3 million units a year ago. This is the highest reported SAAR since July 2005 and the highest August SAAR since 2003. Industrywide, 1,577,407 light vehicles were sold last month, compared to 1,511,261 in July and 1,586,015 a year ago. Sales for all brands in 2015, unadjusted for business days, are up 3.8 percent from 2014.

Despite having one less selling day than August 2014 and losing Labor Day sales to September through a calendar quirk, August's sales were stronger than many analysts predicted. August's sales winners included Infiniti, up 16.1 percent; Kia, up 7.7 percent; and Subaru, up 4.9 percent for a monthly record of 52,679 vehicle deliveries. Light trucks and crossovers dominated the market in August with sales up 8.6 percent from a year ago. Car sales slipped 10.3 percent.

“Circumstances beyond the industry's control, including the timing of the Labor Day holiday and the volatility of stock market, failed to put the brakes on 2015 sales,” said AIADA President Cody Lusk. “The outlook is bright for the remainder of the year and dealers are more confident than ever in the strength of their products.”

International brands sold 872,838 units in August, up from 839,991 in July and 808,768 units in June. Asian nameplates occupied 46.6 percent of the U.S. market, a decrease from 46.8 percent in July but an increase from 45.4 percent in June. European nameplates fell from 8.8 percent of the market in July to 8.7 percent in August. Domestic brands rose from 44.4 percent in July to 44.7 in August.





1999 GMC Jimmy 4x4 Police Impound Special 2995.

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com









1999 GMC Jimmy 4x4 Police Impound Auction Car see at stevecars.com


1989 Toyota 4Runner 4 cylinder 4x4 SUV Police Impound Auction Car For Sale

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com


1989 Toyota 4Runner 4 Cylinder 4 Speed 4x4 180,000 miles 2995. @stevescars.com Police impound Special









Thursday, September 3, 2015

AUTO PRICES MAY BE NEGATIVELY IMPACTED AS CFPB CRUSADES AGAINST AUTOMOTIVE FINANCING






Consumer auto prices may be negatively impacted as the CFPB continues its crusade against automotive financing. The Consumer Financial Protection Bureau (CFBP) has increased its interest and desire to levy penalties against automotive lending organizations. Over $200 million in settlement fines have been collected by the federal governmental organization since 2013. The CFPB has stated their efforts to regulate automotive finance are due to interest rate inequality among certain racial groups.

However, as we’ve reported, the methodology the CFPB employed to determine that certain racial groups were discriminated against is questionable. It’s a methodology that has been essentially debunked in a study by Charles River Associates, which found that the CFPB’s proxy methodology could only identify a certain race correctly just 25 percent of the time.

The CFPB has reached settlements with a few large automotive lending organizations in their pursuit of lending equality, including Ally Bank and the American Honda Finance Corporation. For Honda, the CFPB ordered them to pay $24 million back to borrowers of certain racial groups that were found to have paid a higher interest rate on their loan than non-Hispanic white borrowers. In reaction to this order from the CFPB to pay back consumers, the lending arm of Honda has made a few changes. Speaking to the WSJ, an American Honda Finance Corp. representative said the company has made, “adjustments and modifiers in a way that continues to support our dealers’ business compensation as well as our customers’ financing choices.” Those choices consumers have might be more costly thanks to CFPB regulation. An example of a potential cost increase for the consumer was highlighted by the Wall Street Journal.

In the WSJ report, the regulations over the lending arm of Honda were explained. As part of its CFPB settlement, Honda has lowered its potential dealership interest rate flexibility from 2.25 percent to 1.25 percent while raising the wholesale rate. Honda has also decided to pay dealers 1 percent of the loan value out of its own pocket. For consumers with a credit score of 760 and above, the wholesale rate for a new vehicle starts at 3.4 percent verses 2.3 percent before the regulation. The example given is that assuming a dealership markup of 0.5 percent, a consumer with that excellent credit would end up with a 3.9 percent rate on their auto loan, compared with 2.8 percent before the regulation. For a 48-month loan of $25,000 that would be $586 in interest payments. While not all consumer and credit groups will be impacted the same as this example, it appears some consumers will pay more because of Honda’s reaction to the CFPB regulations.

The information provided in the example came from a pricing sheet that was sent out to Honda dealers in Texas. Jared Allen, spokesman for NADA, weighed in on this subject to the WSJ. Speaking of the CFPB regulation, Allen felt that it, “will invariably lead to many consumers paying more for auto financing.” What, if any, impacts have you felt at your store as a result of government regulations? Do you think the CFPB regulations will eventually help the consumer or cause more problems for dealers, automakers and consumers?


Wednesday, September 2, 2015

Stevescars.com is a used car lot located in Paducah Kentucky. Vehicles sold at this facility are purchased from Police Impound Auctions at a reduced price and resold to the General Public for a fraction of Retail. We sell used honda accords, Jeep Wranglers, and GMC pickups. We also make cash pawn loans on anything that fly's, floats, or drives. stevescars.com






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