Dealer income on sales of new cars are not so much; dealers make their income from financing, insurance, service contracts, added charges and options, repairs, and the sale of used cars. In other words, there is huge financial motive to make profits on these items to offset the dealer’s inability to make profits off the sale [...]
read moreHow to Avoid Odometer Rollback Fraud
Rolling back a vehicle’s odometer is one of the most common types of vehicle fraud. Odometer rollback usually happens because the seller or the car dealer wants to increase the resale value of a vehicle with high-mileage.
read moreAuto Dealer Scam: Tools to Protect from Spot Delivery
The spot delivery scam is one of the most commonly used car scams in the car business today. Even though, it’s not necessarily always a car buying scam, it is still very exasperating and can lead to a cruel surprise.
read moreCar Fraud: Title Washing
According to the official data of the California Police, they register more than 500,000 vehicle accident reports each year. The half of the vehicles involved in these accidents is considered “totaled”, which means they are deemed a total loss by insurance companies.
read moreUsed Car Buying Tips
Buying used cars is more common today than ever before. That’s because the possibility of getting a reliable car at a great price is very high. If you are interested in pre-owned car sales, here are some tips to get you started
read moreCar Scam: Recognize and Avoid Car Scams
Car scams are becoming very difficult to recognize. Define the scams from the real deals with the help of these tips. The Internet is a great resource for used vehicle buyers, but beware – auto scams abound.
read moreAuto Dealer Fraud: Flood Damaged Cars
After Hurricane Katrina thousands of flood damaged cars ended in the car auctions and dealerships lots across the country. Thus there is even more risk for car buyers to purchase a car with flood damage, without even knowing it and become a victim of auto dealer fraud.
read moreUsed Car Buyer’s Guide: What you Need to Know
If you are ready to purchase a used car, there are some things you need to know when you visit the dealer.
read moreCar Dealers Scams: Buying With Bad Credit
A lot of car buyers who have bad credit or no credit at all risk to become a victim of different auto dealer scams. This happens mainly because people with a bad don’t have a lot of options to find financing when they buy a car.
read moreUsed Car Purchase: Aks Questions
Every state in U.S. has performed some type of “lemon law” to protect consumers who end up with defective vehicles, especially in the case of used cars. Choice of a right and reliable used car can save you angst about possible Lemon law issues sooner or later.
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