1. Yo-Yo financing
The car dealer sells you a car and allows you take it immediately home. You finance a car through the car dealer, but several days later you learn that the finance has fallen through. Then you are told to make new financing again through the auto dealer, at a much higher cost for [...]
Online Car Buying: Tricks and Scams
Online car buying is becoming more and more popular nowadays. Therefore, various tricks and scams are being designed for ripping off naïve customers. Keep reading if you are interested in what you should and what you shouldn’t do when buying cars online.
read moreDealer 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.
read moreAuto Dealer Fraud: Car Prep Fee
Car preparation fee is one of the common car dealership scams that is used by car dealers to make a quick profit from car buyers in the range of $500 – $2000. It all depends on how much a customer is willing to spend.
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 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 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 moreSpot Delivery Scam
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 more
RSS 
