Lately I have been hearing this knocking noise as well in my wheel well, I think I am going to have to change me CV Axles in both sides, its only happening if I hit a bump, speed bump or when I turn the wheel when backing up in reverse what do you think?

 

I'd start with checking the suspension system......sway bar bushings and end links, control arm bushings, ball joints, ect.

 

Thanx Lost Again,it is my inner tire rod bushing.

 

Well after checking all of my suspensions parts, I see a lot of things that have bad bushing. The loud knocking noise is my wheel bearings they are bad, but I am going go heda change everything.