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Ralph Hoffmann
Ralph Hoffmann has a major in Applied Mathematics and became fascinated with the numerical anamolies inherent in Auto leasing. Hiw web site explains most of them. Visit http://www.AutoTruckData.com Copyright 2204-2005 by Beacon Data LLC. Reprint freely with attribution
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1 free article by Ralph Hoffmann in 1 category:
Auto & Trucks
 
 

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Timing Belts, the Sleeping Time Bomb

By Ralph Hoffmann | Published 11/28/2005 | Auto & Trucks | Unrated
When buying a used car always insist on determining if the vehicle has a rubber timing-belt. Be aware that about five years ago an International Oil Company did a follow up on 5,000 cars it had turned back after 3 year leases and traced them to their eventual private owners. All the cars had by then passed through wholesale auction markets and likely one or more retail dealers before being sold to a private owner. The survey disclosed that 50% of the cars had their odometers illegally turned back.
 
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