Last year the government officials in California passed the “red tag law” which has had a significant affect on the used cars market that consumers can benefit from. For those who are familiar with the logistics of this new law I’ll explain it simply. In its basic understanding the California red tag law requires dealers to place a red sticker on any vehicle that has been salvaged, in a junk yard, or sustained any flood damage.
These vehicles also have to be registered into a federal database that is also open to the public. With this type of law in affect it helps make people who are looking to buy a pre-owned vehicle much more comfortable about acquiring a reliable automobile. There are also people who can get bad credit car loans with the California red tag law as they will be more confident that the vehicle will last throughout … Read More