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                          Automotive Deceptive Sales Tactics and Predatory Lending Practices

 

 

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Download the Press Release

 
- New Report - 
Rip-Off Nation:
Auto Dealers' Swindling of America

Car-dealer fraud is plaguing our country.  Auto buyers are being taken to the bank to fill the pockets of unscrupulous dealers.  The tactics used are so sly that even informed consumers who did their homework are being taken for hundreds, and often thousands, of dollars. Evidence from recent litigation and an industry insiders shows that it is very likely that this rot is not restricted to a few areas or dealerships.  Customers have been robbed on both coasts and everywhere in between:  Dateline recently reported that an investigation revealed that car dealerships have been charged with fraud and deception in 39 states. Our report gives more detail on some of these cases, and shows how consumers are getting ripped off, in painful detail.  It is intended as a manual for law enforcement, and to inform consumers of some of the tricks of the trade. While many consumers may suspect that auto dealerships do not always operate on the up-and-up, the size of the purchase, the flurry of paperwork, and the complicated financial relationships make them particularly vulnerable to the schemes developed by dealerships to squeeze the maximum profit from every deal.  Public Citizen does not believe that graft is necessary for auto dealers, as an industry, to remain economically viable.  Our report also suggests legislative remedies that would greatly enhance the transparency and accountability of auto dealerships to consumers and financial institutions.   Click here to view the whole story Note: this is a 65 page document and should be viewed over broadband (High speed Internet connections only)

Don't allow automotive dealers to continue their unscrupulous and fraudulent acts against consumers.  Get the free Car Buyer's Primer™ today and help to identity dealerships performing these deceptive sales practices and arm yourself with the information that can protect you from falling victim.

 

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