• Keep in mind that in case you have papers with your signature, you own the car, regardless of whether the vehicle has been financed.
• A finance document presenting payments, deposit, interest rate and other financial items is a binding contract, giving you specific legal rights.
• You own the car subject to making payments only. The dealer cannot change that once you take possession.
read moreAvoid Auto Insurance Fraud
As there is no perfect way to prevent fraud, attentiveness is the best defense.
Do you know that an accident in the road can be planned? You can be a victim of auto insurance crime. Car insurance firms called a tactic ’swoop and squat’ whereby the 2 cars were on the whole working in tandem to set off a collision, and make it seem like your fault. The auto that suddenly cuts, or swoops, into the lane is known as the swoop car. The one that’s hit is known as the squat auto.
read moreBuying a Used Car: Important Recommendations to Avoid Lemon (Part 1)
A car buying is one of the largest investments that an individual makes in the life, and as a consumer he or she always thinks about car values: reliability and safety of transportation. Unfortunately, a lot of used car buyers’ end up a vehicle purchasing that is not what they expected it to be.
read moreAuto Financing Scams You Should Avoid
When you decide to buy a car, it is necessary to make a wise decision when it comes to the selection of car dealers. A lot of dealers are honest but you cannot take it for granted in all situations. Regardless of buying a new or a used vehicle, you must be aware of the various scams in order to protect your interests and money.
read moreAuto/Car Dealer Fraud: New Regulation against Financial Fraud
Today most auto dealer or organizations cannot be trusted because their promises and guarantees are no longer kept. You should be very watchful and careful when deciding to buy a car from auto dealer.
read moreCar Fraud: Accessories or Options
In many cases car buyers are very surprised when they after signing all the purchase documents they come home and find out that they have been charged for accessories or options that they never negotiated with the car dealer.
read more