Car Sales Fraud – Were You the Victim of Fraud

1. Topic - Car Sales Fraud – Were You the Victim of Fraud Hello everyone! Today we have come up with the most important topic Car Sales Fraud. You undoubtedly want to avoid being duped while buying or renting a new car from a dealership. A car salesman must be truthful and upfront about what you are getting, even though there may be some opportunity to negotiate the price and choices you end up with. So how can you tell whether a dealer is engaging in dishonest behavior? Go here to learn about five typical forms of dealer fraud. Watch Out for These Deceitful Practices What a dealer advertises and what you get when you visit the showroom are major components of dealer fraud. The fine language of a lease or purchase agreement may sometimes be fraudulent. Typical examples include: Inaccurate claims regarding the cost The total cash price on the contract may be higher than what you agreed to or what was advertised for that car or product after you've looked at models and negotiated a bottom line pricing. The salesman might have added costs without informing you in the hopes that you would accept them without question. If the management or salesperson refuses to honor the advertised price or the initial agreed upon price, leave the dealership, file a complaint with the Federal Trade Commission, and maintain a documentation of the inflated price and advertisement. Including unwanted extras and accessories Some sellers will include items and services you didn't request in the "package." The contract may include clauses that include additional costs for things like rust proofing, extended warranties, protection packages, and other accessories. Carefully read the contract to find these items. If the salesperson gave you free options, check sure the contract doesn't charge for them. If you discover anything in the contract that you don't want, mark it out and deduct that sum from the overall purchase price. Advertising that uses bait and switch It could be considered bait and switch when a dealer says that a price that was promoted is no longer available. The dealer may be guilty of fraud if cars were never really available at the claimed price. Ads should always be read carefully, the offer should be confirmed over the phone, and the ad should be brought to the dealership. You might be able to prove fraud if he refuses to honor the advertisement. Keeping a lemon hidden Always run a vehicle history report and have the vehicle inspected by an independent mechanic before purchasing a secondhand automobile. A dealer is engaging in car sales fraud if he makes false claims about a car's condition in order to hide the fact that it is a lemon or was in an accident.

2. Financial fraud When processing your loan application, a dishonest dealer could convince you to accept unfavorable terms by claiming that your credit score is too low to be eligible for low-interest financing. Before applying for a loan, always be aware of your own credit score so you know where you stand. In addition, you can obtain a loan from a bank or credit union rather than the dealership. For any type of car sales fraud, you can get in touch with Car Sales Fraud Attorney – Sue Your Dealer who can help you gets out of this difficult situation.