Buyer Question: What is registration of vehicle parts?
Comment: Usually plastic labels with unique registration numbers are applied to various parts of the Vehicle e.g. hood, trunk, doors. These unique numbers are then registered with a third party.
Unfortunately most of these labels can be removed using your fingernail or a pocket knife. This is a poor boy's version of Etching.Buyer Question: Should I buy this Registration package?
Comment: Police recommend marking your valuables with permanent identifiable marks. These labels are somewhat less than permanent. Registration is relatively expensive, $100-200, when purchased from a dealership… but does it have value? Call your local police department for their opinion.
A question you might ask yourself. If someone steals and strips my vehicle and the police find the parts scattered all over the county … do I really want them back?
Buyer Question: Should I let the dealership bid on registering the parts of my vehicle?Comment: Absolutely … If the dealership offers a better deal, take it and save some additional money. Just be aware this is one of the most over priced options the dealerships sell.
The following steps take approximately one hour.
- Determine if your financing source requires you to have your vehicle parts tagged and registered.
- Determine if your local police department recommends you tag and register your vehicle’s parts.
- Determine if your insurance company will give you a discount on your vehicle insurance if you tag and register your vehicle. If so, how much is the discount?
- If you are required to tag and register your vehicle’s parts (hopefully you haven’t found anyone who requires tagging and registration) obtain quotes from businesses who sell registration kits over the Internet.
- Include the best quotes for etching in your Buyer Information Folder.
Classic Dealership One-Liners.
“Your Bank/Credit Union/Internet financing source requires you to have your vehicle tagged and registered.”
Comment: Determine if your financing source requires your vehicle to be tagged and registered before going to the dealership. See Step#1 above.
“Your insurance source (agent, company, Internet site) will substantially reduce your vehicle insurance if your vehicle has been tagged and registered.”
Comment: Determine if your insurance company will substantially reduce your insurance premium before going to the dealership. See Step#2 above.
“The police department recommends all vehicles have their parts registered.”
Comment: Contact your local police department for their opinion before going to the dealership.
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