Dealer Fraud: Protect Yourself from Spot Delivery

•    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.

•    Keep all your paperwork copies and anything else associated with the sale. If the finance manager asks for your papers at any time for any reason, refuse! Keep these documents in a safe place, not the car.

•    If you are called back to the dealership to sign extra papers, do not go.

•    Have a friend as a witness whatever is being told to you. This will stop the dealer from taking your car as hostage, an all too common happening.

•    If an argument arises with the dealer over the contract and the dealer demands the car back, park it in a garage or remote location until the matter is resolved, to prevent it from being taken.

•    Collect a complete timeline of everything that happened from the time you thought of purchasing the car until the car was taken away. Try to memorize exact names of dealership personnel and any statements that were made to you during conversations with the sales and finance staff.

•    Store trails of all monies you had invested into the purchase, including registration, insurance, down payment and trade. Never pay cash and always get a receipt!

If you believe you are a victim of a Spot Delivery scam feel free to contact an experienced dealer fraud attorney Hovanes Margaryan 818-990-2414.