Case file — Crescent Auto Exchange (New Orleans, LA). Profile: independent seller of classic and collector cars; ~8 years trading; ~125 vehicles listed.
Lot address: 2193 Heritage Dr, New Orleans, LA. Visitor parking: Front-lot customer stalls facing the office; overflow on the side street near New Orleans lot gate.
Signals checked: state license (current); doc fee $199 (disclosed); outside inspection permitted, including off-site; title-in-hand ratio ~90%; after-sale terms a 30-day/1,000-mile powertrain warranty.
Finding: no divergence between claims and observable signals. Indexed as trustworthy on current evidence; most independents that clear all four signals stay clear.