Prestman Auto

Prestman Auto sells branded titled cars. This is a relatively new way to buy a used car although it's been done on the fringe of being legal for a long time. Here's an abbreviated summary: A car is damaged and neither the owner or the insurance company want to have anything more to do with it for a number of unspecified reasons. Damaged cars that can be salvaged are offered at auction. Dealers bid on the cars after carefully considering how much it will cost them to repair the car and sell it for a profit. Reputable and state-licensed dealers fix the cars and sell them at discounted prices, usually well below low Blue Book. If the buyer performs his/her due diligence on a particular car (CarFax, inspection by honest and respected personal mechanic, etc.) they can get a great deal. Prestman offers third-party warranties at the time of sale (purchase of warranty is optional). The buyer is taking a chance that the seller is not being honest or fair or both on the sale. The car is technically "salvage" - damaged and refurbished. The buyer should know that resale value of such a car is going to be very low. So this type of purchase is best for those that take good care of their cars and drive them until repair costs exceed market value. If the buyer routinely wants and buys cars every few years, this might not be the best way to buy a used car. However, the savings can be significant, especially on higher-end car brands. I had a great experience with Prestman and got an excellent deal on a late model Mazda. I purchased a CarFax, Prestman showed me pictures of the car before being repair, had my mechanic check it out and bought the car with confidence that Prestman was at least not trying to sell me a piece of junk. I admire their integrity, full disclosure, and willingness to take time to educate me on the pros and cons of buying a branded title car. I highly recommend them.