Mar
31

Insurance scam and Turnover scam

Insurance scam happens when the dealer tells you that if you purchase your insurance from them or a company that they work with you will avoid paying higher interest rates. Remember that this is not mandatory. This scam also applies to the car dealer telling you that you must pay life insurance or extended warranties due to “bad credit.” Avoid this scam by simply walking away from the deal.

Turnover scam is just another way to really wear the person down. This dealer fraud occurs when the dealership sends over many different salespeople continuing to ask the customer to invest time and get you to hurry up and buy. This dealer tactic is also called harassment. Avoid this fraud by threatening to leave if they don’t stop it.

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2 Responses to Insurance scam and Turnover scam

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