Would you
buy a used car from a dealer who had no license, no permits, no
liability insurance, and not even a business address?
That’s what you’re doing when you buy a car from a curbstoner.
The
term “curbstoning” comes from the practice of parking automotive
“inventory” along the curb, although many curbstoners also use
vacant lots and unmonitored parking lots as temporary places of
business.
Curbstoners are car “flippers” – people who regularly buy cheap
cars, fix them up to look decent, and sell them for a quick
profit. They often pose as the car’s owner, but they’re not – so
they can dodge limits on the number of vehicles an individual
can sell before having to register as a dealer.
Curbstoned vehicles may be lemons, salvaged, or even cobbled
together from parts from the wrecking yard. They may have been
written off as total losses by insurance companies due to
collision, flood, or other damage.
Sometimes, unethical used car dealers use curbstoning as a way
to get rid of duds they can’t sell on their lots.
Once you buy a curbstoned vehicle, you have nowhere to turn if
the car develops problems. If the problems are serious enough,
the car may fail inspection or be denied insurance coverage.
And, the law requires you to disclose the problems when you sell
the car.
According to ABC News, experts estimate that 80% of the used
cars in classified ads are not being advertised by individual
owners. And, some state licensing officials say that as many as
one in five cars sold outside a commercial automotive dealership
are curbstoned.
It is up to you, as a buyer, to make an informed purchase. For
more information, see: