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DO CARS IN STORAGE REQUIRE PLATES?

By at March 14, 2014 | 6:01 pm | 0 Comment

This is a common complaint I get on my show:  "Hey, my car was on my private property and I got a ticket for an expired plate!  Can they do that?" The short answer is YES!  All cars in Colorado - 1975 or newer - whether driven or not - are REQUIRED to have a current registration and tag. Cars older than 1975, kept for "collection" that are not driven on public roads more...

TOM MARTINO'S BLOG

THE NEGATIVE EQUITY SNOWBALL!

By at March 2, 2014 | 10:56 am | 0 Comment

Once upside down, always upside down and it just gets worse DEFINITION:  NEGATIVE EQUITY - Owing more on a car loan than your car is worth. In many credit and financial problems I see, negative equity is either the source or a major contributing factor.  It's almost impossible to escape negative equity during the life of car ownership, but it can be controlled and more...

TOM MARTINO'S BLOG

IMPORTANT INFORMATION ABOUT ROOFERS & DOOR-KNOCKERS!

By at February 27, 2014 | 8:57 pm | 0 Comment

Door knockers are mostly bad news BEWARE of roofers who come knocking at your door! Most of them try to trick you into signing a blank contract - which is against state law. As spring approaches there will no doubt be wind and hail storms and a lot of roof damage. Door-knockers often imply they are with your insurance company and need to inspect your roof. Or sometimes more...

TOM MARTINO'S BLOG

DIMINISHED VALUE AFTER A CAR ACCIDENT

By at February 2, 2014 | 9:58 am | 0 Comment

Accidents bring more damage than dented cars and physical injuries DEFINITION:  Diminished Value - The after effect of a car accident on the value of your car, even after repairs have been made. A common problem with car accidents is that your car goes down in value even after it's been repaired.  That's right, even after the car is fully repaired to factory more...

MOTOR VEHICLES , TOM MARTINO'S BLOG

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