How long do car insurance companies take to pay out for a stolen written off car?


Posted September 11th, 2009 by admin 1 Comment »
car
jenny asked:


I had my car nicked about two weeks ago, I have sent the insurance company all the required docs and incident form. They found the car burnt out a day later. Police were informated as soon as I realised car was gone. How long will the insurance companiy take to pay out?

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Can the court or a car company seize a different car after reposession?


Posted July 12th, 2009 by admin 1 Comment »
car
2True asked:


I know someone who had a new car repossed and they had to go to court. That person bought a used car for cash. The new car dealership repossed the used car that was paid for. Is that legal?

Is it possible that person signed something stating the new dealer can seize or put a lean on any property owned by the buyer? Can this person sue the new dealer if this person never signed such document in the bill of sale?

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How much do cars salesmen get paid on average?


Posted February 19th, 2009 by admin 2 Comments »
cars
tyler p asked:


Like a normal salesman who sells an average amount of cars. How much a year?

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How much are new cars marked up from dealerships?


Posted February 17th, 2009 by admin 2 Comments »
cars
PlasticTrees asked:


My boyfriend works at one and I’m just wondering (he’s not too sure, he just takes the $ they give him). **Dealerships have their markups but used cars are a much better profit because he gets around 40% comm**. So with new cars the dealership buys them from Dodge etc, and resells them an barely makes $. How much do you think they mark it up?

My boyfriend makes 20% regardless off of what their profit it, and I’m just wondering if anyone knows the appx markup value to the MSRP.

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