Auto repair complaints make up the largest group of consumer grievances. Many of these involve car repair scams. Auto repair problems make up the largest group of consumer complaints. The National Highway Traffic Safety Administration estimates that consumers lose tens of billions of dollars each year due to faulty or unnecessary car repairs. While most … Read more
Blank Check from CapitalOne – The Easy Way to Finance a Car CapitalOne offers an innovative way to finance an auto. It is called Blank Check auto financing and it can save you both time and money. Most people think of financing a car as the time at the dealership when you fill out credit … Read more
Don’t get scammed the next time you buy a new car! Follow these steps to steer clear of used car ripoffs. Buying a used car makes good financial sense. New cars depreciate immediately after you drive them off the car lot. In fact, it has been said that a new car depreciates by an average … Read more
Spot Delivery or Yo Yo Financing is a very common car dealership scam designed to ripoff people with bad credit by convincing them to drive off in cars without finalizing their loans This is a very common car dealership scam designed to ripoff people with bad credit. While you are at the car dealership you’re … Read more
Many people have reported receiving postcards alerting them their car warranties are about to expire with a toll-free number they can call for information Have you noticed a surge in car warranty offers in the mail? You’re not alone. Many people have reported receiving postcards alerting them to the fact that their car warranties are … Read more
Dishonest tow truck operators are hauling away more than illegally parked cars in these widely-practiced towing scams Everyone knows that most tow truck operators are decent, hard-working people. The come rescue your vehicle when its broken down or been in an accident and take it wherever you you ask them to. Besides this valuable service, … Read more
The lack of vehicle documentation law uniformity from coast-to-coast has led to practice known as title washing. Title washing helps car owners remove their vehicle’s “salvaged” or “flood-damaged” branding. Imagine that you own car dealership stuck with a lot full of flood-damaged vehicles. This is exactly what happened to many new and used car dealers … Read more
Car title loans are a form of predatory lending very similar to payday loans where your car title is used as collateral for a high interest loan. Many of you have probably heard of Payday loans and the danger they pose to your financial well-being. Many refer to Payday loans as “predatory lenders” and for … Read more
This is a very simple scam which involves the finance department of the car dealership telling you that your credit rating is much lower than it actually is. I know it’s hard to believe, but there are some dealerships that will try to mislead you by telling you that your credit rating is bad when … Read more
This car dealership scam lets a dealer pick up a quick profit from consumers in the range of anywhere from $500 – $2000. This car dealership scam lets a dealer pick up a quick profit from consumers in the range of anywhere from $500 – $2000. It all depends on how much a customer is … Read more