Black Book Joins AutoTec in Industry-Wide Effort to Stop Curbstoning
Posted on Mon, May 24, 2010
Download a PDF of this Press Release
Vehicle valuation provider Black Book has joined AutoTec in the fight against curbstoning, the ‘flipping’ of low-quality used vehicles by unlicensed dealers.
AutoTec, LLC, announced today that Black Book, a publisher of highly respected automotive wholesale value guides, has joined it and other industry leaders in the fight against curbstoning.
Curbstoning is the sale of used vehicles by unlicensed dealers who pretend to be private parties in order to evade regulation. Their customers often get saddled with damaged, dangerous, or uninsurable vehicles – by which time the curbstoner is long gone with their cash. Curbstoning is illegal in many states, yet defrauds thousands of unwary consumers every year.
“We do not market our wholesale data, electronic or printed guides to consumers,” says Tom Cross, president of Black Book. “This is another way Black Book is doing its part to help support our best customers – the licensed used car dealers who rely on our wholesale valuations to run their businesses.”
“Curbstoning might not affect us directly, but it hurts our customers,” Cross continues. “When a curbstoner sells a car, he takes business away from a licensed dealer. We’ll do everything we can to help dealers have better access to customers.”
Chuck Redden, president of AutoTec, is thrilled to have Black Book’s support.
“Black Book is a premier source of wholesale information to the vehicle remarketing industry,” Redden says. “Their support underscores their commitment to keeping the wholesale marketplace fair, well-informed, and secure.”
For more information, or to join the effort to stop curbstoning, visit www.stopcurbstoning.com.
Download a PDF of this Press Release About Black Book
Black Book® was established in 1955 in Gainesville, GA. It is the nation’s premier provider of electronic and printed vehicle valuation guides for the automotive and financial industries. Black Book is a division of the Hearst Business Media Corporation, and has offices in Georgia, California, Florida, Michigan, and Maryland. For more information, visit www.BlackBookUSA.com.
About AutoTecAuctionACCESS was developed more than ten years ago by AutoTec, LLC, a privately held company based in Birmingham, Ala. AutoTec provides e-business solutions to the automotive remarketing industry. AuctionACCESS is the industry standard for managing access to wholesale auto auctions. It is currently used by more than 200 wholesale auto auctions across North America, with further expansion into 70 countries around the world. Visit
www.auctionaccess.com for details.
About Stop Curbstoning
Stop Curbstoning is a cause supported by a group of concerned corporations and organizations within the automotive industry. Its mission is to educate used car buyers, unite car dealers, and motivate municipalities to take action against this growing problem.
Stop Curbstoning was founded by AutoTec, LLC, a privately held company based in Birmingham, AL. AutoTec's flagship product, AuctionACCESS, is the automotive remarketing industry standard for managing dealer access to wholesale auto auctions.
Contact Information:
For more information, visit www.stopcurbstoning.com or contact:
AutoTec, LLC
Jordan Pittman (205) 414-2680
E-mail inquiries: jpittman@autotec.com