Search found 5500 matches

by randomguy
Wed May 23, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 68
Views: 9977

Re: The Millionaire Next Door and civil servants

Over half of M.D.s having a net worth under $2 million at age 60-64 is amazing. A $2 million portfolio can be achieved with $2,500 investment monthly for 30 years at a 5% real return. Saving 30k/year when you are making <100k is a lot (i.e. starting doctors salaries 30 years ago). Even today there ...
by randomguy
Wed May 23, 2018 6:58 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 68
Views: 9977

Re: The Millionaire Next Door and civil servants

When you look at sales data for things like high end cars and the like, the expensive models that rich people buy are supported by income. The average 911 buyer for example makes something like 350k/year. It is the entry level models that have aspirational sales. People stretch to buy a 3 series a ...
by randomguy
Wed May 23, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: New 2018 Nissan Leaf (with 150 mi range)
Replies: 52
Views: 4671

Re: New 2018 Nissan Leaf (with 150 mi range)

I looked deep into the Leaf's depreciation and it depreciates 50% by year 2 and 55% by year 3. Go figure... I figure it's due to having no subsidy as a used car. If you reduce the MSRP by the amount of tax credits, the depreciation looks like most other cars. Depreciation % are pretty meaningless s...
by randomguy
Tue May 22, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: What account to withdraw from?
Replies: 4
Views: 539

Re: What account to withdraw from?

I am 67 and fully retired. I do not take SS but do receive spousal benefits. We do need to take some extra funds to pay our bills. We only have stock funds left in our taxable accounts as we have used any cash available in these accounts. My understanding is that taxable accounts should be accessed...
by randomguy
Tue May 22, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: How do you stop moving the goal posts.
Replies: 62
Views: 4511

Re: How do you stop moving the goal posts.

Now as I approach retirement I am wondering how I will react to no longer doing this financially since if all goes to plan watching our balances shrink not increase over the years. If all goes to plan, my balances will keep on increasing throughout retirement. That is the downside of a conservative...
by randomguy
Tue May 22, 2018 7:58 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 68
Views: 9977

Re: The Millionaire Next Door and civil servants

People that look rich tend to be rich. Many are "All hat, no cattle." You can't tell someone's net worth by looking at their car, their house or their clothing. I can't tell someones net worth by looking at a house, car, or clothing. I can however look at 10k people and their clothes, cars and hous...
by randomguy
Tue May 22, 2018 7:00 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 68
Views: 9977

Re: The Millionaire Next Door and civil servants

Some of the criticism that I read here, is decent, but it ignores the fundamental truths of these books. Namely: those that actually have money, tend not to look like they do; and, those that look rick are probably broke. That isn't remotely a fundamental truth. It is a fairy tale that appeals to a...
by randomguy
Tue May 22, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 47119

Re: "Why 97% of People Don't Use 529 College Savings Plans."

If your state doesn't offer a tax benefit is it worth putting money in a 529? I live in a state (NJ) where I get no state income tax benefit, I have been setting aside 27k per year for my 2 children aged 4 and 2. After reading this thread it makes me wonder if its worth it Why wouldn't it be worth ...
by randomguy
Tue May 22, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 68
Views: 9977

Re: The Millionaire Next Door and civil servants

Some of the criticism that I read here, is decent, but it ignores the fundamental truths of these books. Namely: those that actually have money, tend not to look like they do; and, those that look rick are probably broke. That isn't remotely a fundamental truth. It is a fairy tale that appeals to a...
by randomguy
Tue May 22, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: If RMD are large should you still defer into 401k
Replies: 32
Views: 2913

Re: If RMD are large should you still defer into 401k

The one-time annuity may be a QLAC. https://www.annuityfyi.com/longevity-annuities/invest-longevity-annuity/ Does that really save you much on taxes though? Sure your RMDs are lower until the QLAC kicks in but then you get some pretty large payouts. You would have to make a lot of assumptions to fi...
by randomguy
Tue May 22, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: If RMD are large should you still defer into 401k
Replies: 32
Views: 2913

Re: If RMD are large should you still defer into 401k

RMDs sneak up in a lot of people. I don’t have exact calc in front of me, but we’re 45 with about $1M in 401k balances. With continued contributions and growth through age 65 and no withdraws before 70, the RMD is huge! Depends on what you are making. In 25 years you will be in the 3-5 million real...
by randomguy
Sun May 20, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Discontinuity and marginal vs effective rates
Replies: 39
Views: 1647

Re: Discontinuity and marginal vs effective rates

1) You have 100k to either put in a TIRA or invest in taxable. Your money will go up 4x. Are you better paying 25% on 400k or paying 25% on 100k, have it go up 4x and then 15% on the gains? In case A you pay 100k in taxes. In case B you pay 70k. You are much better off paying more in taxes. This se...
by randomguy
Sun May 20, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: Discontinuity and marginal vs effective rates
Replies: 39
Views: 1647

Re: Discontinuity and marginal vs effective rates

0) understanding how paying 24% tax on everything is better than paying 24% on the starting principal and 15% on the gains. It isn't intuitive to a lot of people how paying say 100k in taxes is better than paying 70k. This is explains why you want a tax advantaged account. Trying to understand.... ...
by randomguy
Sun May 20, 2018 12:06 am
Forum: Investing - Theory, News & General
Topic: Discontinuity and marginal vs effective rates
Replies: 39
Views: 1647

Re: Discontinuity and marginal vs effective rates

We have had many heated discussions regarding marginal vs effective rates recently. Even though the point made by FiveK is correct, I think one does needs to dig further when there are humps or valleys in the marginal rate diagram. My favorite case is the so called social security hump case. I beli...
by randomguy
Sat May 19, 2018 11:38 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

106k/year annual contribution (53k for you and wife), 7% real returns and you are looking at 21 million after 40 years. Seems pretty doable:) Or if you invest with Dave Ramsey and get 10% real you are looking at 47 million. Definitely should have done the ROTH. And we haven't even talked about your...
by randomguy
Fri May 18, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Your answer is very simple. You should max your Trad. 401K forever. You will never reach that number. KlangFool 106k/year annual contribution (53k for you and wife), 7% real returns and you are looking at 21 million after 40 years. Seems pretty doable:) Or if you invest with Dave Ramsey and get 10%...
by randomguy
Fri May 18, 2018 10:25 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Klangfool, (or anyone else who understands this) Can you please go over again why it makes sense to direct money into Roth 401K once the tax deferred account reaches $1M? Or some magic number? How do figure that number? Oh, and I've not gotten to the "OMG, I get it". Actually getting more confused....
by randomguy
Fri May 18, 2018 10:06 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

<<That 50-year-old might easily work another decade or more with employer-provided traditional matching contributions.>> Why would that person work another decade? Time is more precious than money at that age. KlangFool Why would someone stop working just because they have a bunch of money?:) Some ...
by randomguy
Fri May 18, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

1) Only 85% of the social security income is taxable. https://taxfoundation.org/2018-tax-brackets/ 2) The standard deduction is 24K. For a married couple, you need another 77K before you reach 22% tax bracket. So, you need about 100K of income. Let's be generous and assume that the Social Security ...
by randomguy
Fri May 18, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Klangfool, (or anyone else who understands this) Can you please go over again why it makes sense to direct money into Roth 401K once the tax deferred account reaches $1M? Or some magic number? How do figure that number? Oh, and I've not gotten to the "OMG, I get it". Actually getting more confused....
by randomguy
Fri May 18, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

It's illogical to leave the future tax rate "wildcard" in play, if you can completely take it out of play with a Roth, or Roth 401(k). What are we, some 20 trillion or thereabouts in debt? I don't recall the exact numbers, but in the early 20th century, didn't tax brackets get higher than 50%? So m...
by randomguy
Fri May 18, 2018 10:26 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Roth or Roth type accounts win out regardless of your current tax rate vs. whatever future rate you May I ask what is/was your marginal tax rate during your accumulation period? If you are at the highest tax rate now/while accumulating, aren't you simply betting on higher future tax rates? From wha...
by randomguy
Fri May 18, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Your money in a Roth is worth 25%-50% more than your money in pretax account. You likely will have less but the money is worth more dollar for dollar. 5 million in a Roth is worth anywhere between 6.25m and 7.5m in pretax. Milage may vary based on individual situation. But Of course. And the coroll...
by randomguy
Fri May 18, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Let's say you're doing so well, you have $24,000 to save for retirement (assume taxes for that year paid), and your savings options are a $18.500 Roth/Traditional from your employer and a $5,500 Roth/Traditional IRA. Regardless of your tax rate, surely, you wouldn't opt for the traditional account!...
by randomguy
Fri May 18, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Another important factor to take into consideration when deciding on taxable vs. IRA is that IRA money when withdrawn would be taxed as ordinary income, but the gain in taxable would be taxed as long term capital gain or 15% for most people. The 15% tax rate is very attractive. TravelforFun This mi...
by randomguy
Thu May 17, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

...If I make ten million dollars this year I may never have to work again, and will be in a lower tax bracket indefinitely. By your definition I am mediocre. By my definition I have reached my goal of becoming financially independent. Not really. Goal is/should be to have more safely spendable mone...
by randomguy
Thu May 17, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 426
Views: 20994

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

People who are filling all those accounts are actually living on a much lower amount than their income. When the time comes for retirement, unless their expenses go up a lot, they will need/take a much lower income than they had while working. Thus....the lower tax bracket in retirement. Do not con...
by randomguy
Tue May 15, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Can a <median household save 1 year of expenses every year?
Replies: 158
Views: 7490

Re: Can a <median household save 1 year of expenses every year?

Paying off student debt absolutely counts as saving. A student loan can be modeled as a negative bond; of course, one could direct their savings there or elsewhere. Net worth increases just the same (likely better with high interest rate loans). Significant judicial error is already present here. S...
by randomguy
Tue May 15, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Can a <median household save 1 year of expenses every year?
Replies: 158
Views: 7490

Re: Can a <median household save 1 year of expenses every year?

Lots of people raise families on 20-25k/year so it is doable. How many of them would choose to do that versus living on say 35k? Not many. I know when I started out as a single guy I was close. Making 60k, living on 24k, and saving the rest. I was cheating in the sense I had a paid off car, 0 dollar...
by randomguy
Mon May 14, 2018 10:43 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7086

Re: Is there a boglehead muscle car?

A boglehead would rent their muscle car on Turo for a weekend (using tax-free dividends from VWIUX), get it out of their system, and go back to their fully depreciated, paid off daily. Why can’t a muscle car be fully depreciated and paid off? Besides, I’ve been driving quick cars (to various degree...
by randomguy
Mon May 14, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Gross Margin - why aren't traffic acquisition costs counted as COGS for tech companies?
Replies: 16
Views: 724

Re: Gross Margin - why aren't traffic acquisition costs counted as COGS for tech companies?

Pajamas wrote:
Mon May 14, 2018 3:15 pm
Advertising is considered to be an operating expense. It affects net profits, not gross margins. Basic accounting.
Most companies also operate under the assumption that someday it will drop by a ton and the profits will roll in.
by randomguy
Mon May 14, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7086

Re: Is there a boglehead muscle car?

What I would not do is settle for something short of what I really wanted or reach for something I could not afford. I would choose to defer that luxury until I didn't have to ask about "boglehead muscle cars" and could get what I wanted. Good luck in your search! I suspect the OP would consider an...
by randomguy
Mon May 14, 2018 11:51 am
Forum: Investing - Theory, News & General
Topic: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality
Replies: 72
Views: 7933

Re: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality

Never in history has that been necessary. Also, if there is a fraction of a percent that we will have a worse scenario than the worst that has ever occurred it is without a doubt not worth 3 years of my freedom to try and cover. What if your house burns down, your financial institution is hacked an...
by randomguy
Mon May 14, 2018 12:26 am
Forum: Investing - Theory, News & General
Topic: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality
Replies: 72
Views: 7933

Re: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality

Personally I can't imagine bringing my portfolio high enough for a 2% or less withdrawal rate. I just have no interest working another decade of my life full time. Maybe part time, but full time, is a huge "heck no." What I can imagine is making sure that our fixed/mandatory expenses are as low as ...
by randomguy
Sun May 13, 2018 11:11 pm
Forum: Investing - Theory, News & General
Topic: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality
Replies: 72
Views: 7933

Re: Withdrawal Rates – Part 24: Flexibility Myths vs. Reality

In fairness to the FIRE community, many (most?) of them are spending far less than the typical Boglehead. We had a post here earlier today where someone isn't sure if $100k of annual portfolio income plus SS and no debt will be enough for them to retire comfortably. Many in the FIRE community are o...
by randomguy
Sun May 13, 2018 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Federal Capital Gains Tax on Company Sale By Taking a Zero Salary
Replies: 18
Views: 1764

Re: Avoiding Federal Capital Gains Tax on Company Sale By Taking a Zero Salary

Is this a stock or asset sale? What type of corp? Look into the Qualified Small Business Stock QSBS exclusion. Depending on your start date, and field, you could be in fine shape. Remember, you get taxed on the capital GAINS. If you've put any cash equity into the company, (or you acquired it yours...
by randomguy
Sun May 13, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Federal Capital Gains Tax on Company Sale By Taking a Zero Salary
Replies: 18
Views: 1764

Re: Avoiding Federal Capital Gains Tax on Company Sale By Taking a Zero Salary

If this is a C Corp you control you may be better off taking dividends from the Corp yearly, hopefully at a lower tax rate, instead of having a big pile of cash at the end much of which will be taxed at the highest possible rate. I doubt this works out. Paying corporate taxes + personal LTGC makes ...
by randomguy
Sun May 13, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 950
Views: 74150

Re: To take or not to take delivery of Tesla 3

yet some systems seem to work properly with stationary objects ... https://www.youtube.com/watch?v=C1mrHhF-kb0 And the Tesla might works there. Low speed (<~40mph) involves a system with different parameters. They tend to call these things like city safety. Throw in a concrete wall(different radar ...
by randomguy
Sun May 13, 2018 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding Federal Capital Gains Tax on Company Sale By Taking a Zero Salary
Replies: 18
Views: 1764

Re: Avoiding Federal Capital Gains Tax on Company Sale By Taking a Zero Salary

If this is a C Corp you control you may be better off taking dividends from the Corp yearly, hopefully at a lower tax rate, instead of having a big pile of cash at the end much of which will be taxed at the highest possible rate. I doubt this works out. Paying corporate taxes + personal LTGC makes ...
by randomguy
Sun May 13, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 950
Views: 74150

Re: To take or not to take delivery of Tesla 3

Tesla has auto pilot and auto braking trouble IMO. See below. Another model S was involved in a bad car wreck in Utah and there is no indication that the brakes were ever applied. Something is certainly fishy. https://www.usatoday.com/story/news/nation/2018/05/12/tesla-autopilot-slams-into-truck-st...
by randomguy
Sun May 13, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 950
Views: 74150

Re: To take or not to take delivery of Tesla 3

Tesla has auto pilot and auto braking trouble IMO. See below. Another model S was involved in a bad car wreck in Utah and there is no indication that the brakes were ever applied. Something is certainly fishy. https://www.usatoday.com/story/news/nation/2018/05/12/tesla-autopilot-slams-into-truck-st...
by randomguy
Sat May 12, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on building a timeless mens wardrobe?
Replies: 65
Views: 4692

Re: Advice on building a timeless mens wardrobe?

I would stay away from polos. Those are fine if you're going to a BBQ or the beach. Unless it's a part of a business uniform, it shouldn't be worn to work if the intent is to convey professionalism. +1. Wearing a fancy polo shirt is a clear sign you suck at your job. The professionals that are comp...
by randomguy
Sat May 12, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 8852

Re: Retire Internationally for FIRE

I think the biggest problem with retiring internationally would be abandoning your social network and family in the U.S. That sort of social dislocation can be very hard on people. Relocating to a lower cost area within the US can come with the same problems. I think international (or domestic) rel...
by randomguy
Sat May 12, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Federal Capital Gains Tax on Company Sale By Taking a Zero Salary
Replies: 18
Views: 1764

Re: Avoiding Federal Capital Gains Tax on Company Sale By Taking a Zero Salary

Sorry, it doesn’t work that way. The gain would be fully taxable at the highest LTCG rates. Gill Well the first 40k or so would be at 0%. The next 200k or so at 15%, another 250k at 18.9% and the rest at the 23.9% rate. Note those brackets are approximate given I don't know your filing status, dedu...
by randomguy
Sat May 12, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 950
Views: 74150

Re: To take or not to take delivery of Tesla 3

I want to focus on the Bogle-headed dilema of whether or not to pay so darn much for the car. News today: Elon tweets that AWD specs will be announced end of next week, and that he will start taking orders for AWD in July. Since about 1/3 of the deferrals are for AWD, this is very exciting. The sec...
by randomguy
Sat May 12, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 8852

Re: Retire Internationally for FIRE

What is the advantage of Fire abroad? Why not just do it somewhere low cost here? Seems like culture shocks, language, lack of social support would remove any advantages? It is still cheaper. Your 2k/month in some central america locations goes a lot farther than 2k in some LCOL areas. And the weat...
by randomguy
Fri May 11, 2018 8:54 pm
Forum: Personal Consumer Issues
Topic: Anyone buy carbon offsets when flying?
Replies: 111
Views: 4317

Re: Anyone buy carbon offsets when flying?

... +1. This reminds me of when the Prius first came out and there were “studies” that came out saying that an F150 was better for the environment because of the Prius batteries. Totally bunch of lies. It amazes me how far people will go to protect the status quo. Calling something "totally bunch o...
by randomguy
Fri May 11, 2018 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Help these teachers decide a price for a possible house purchase
Replies: 16
Views: 2058

Re: Help these teachers decide a price for a possible house purchase

I have always liked the 2x gross income, Gross income is really stupid.:) In 1981, you would be ok paying 4100 for a mortgage in 2018 you would be ok paying 1900 for a mortgage Seems like vastly different levels of affordability to me:) There are 2 numbers that really matter a) what the bank will l...
by randomguy
Fri May 11, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: New Car Suggestions: BMW Crapping Out
Replies: 61
Views: 5349

Re: New Car Suggestions: BMW Crapping Out

Advice needed: Just heard from the shop. Current repair is $1,800 to replace AGR cooler. I had an $1,800 repair last month as well (glow plugs). Would you pony up for the repair even though thats $3,600 in 2 months or go ahead and trade in and go to Toyota Highlander/Lexus RX. Its a 2012 BMW X5 35D...
by randomguy
Fri May 11, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: Dealer sold me a Certified Vehicle invloved in a prior collision
Replies: 23
Views: 2804

Re: Dealer sold me a Certified Vehicle invloved in a prior collision

Listen to the following carefully...... CARFAX IS USELESS Ever read what a carfax refund requires? It requires that an accident or other bad mark was reported to carfax and that this didn't show on the carfax report. So how are you going to prove that the accident was reported to them? I have bough...