OFFICE ADDRESS
The Law Offices of Hovanes Margarian
13425 Ventura Blvd.
Suite 303
Sherman Oaks
CA 91423
818.990.0418
Remember that you may be able to get a much higher price by selling your current vehicle yourself rather than trade-in. Most often when you trade in your old vehicle at a dealership you get below wholesale Blue Book for your old car. Which is even worse the car dealer could confuse you about exactly what you are getting. For example, you may bargain with a dealer to get a higher price for your trade-in vehicle, but not realize that the purchase price of the new vehicle is also being raised.
Categories: General Articles, Helpful tips
Tags: .trade in vehicle, Blue Book, trade-in
Car manufacturers nationwide, including Chrysler, GM, Ford, Toyota and others have certified used car programs. Car dealers pay extra money to provide a manufacturer backed used car certification to customers. Some of the features provided by the certified use car programs are an extended warrantee and a promise that the car has passed a detailed inspection and is in excellent working order and has body integrity and no major problems. However, manufacturers sometimes inspect the “certified” used cars improperly. They certify the car even though it should not have been certified. There are cases when the “certified” used cars sold to consumers are in fact re-built wrecks with substantial …
Pursuant to the California law a seller or lessor of a vehicle, who negotiates the deal in Spanish, is required to provide the car buyer or lessee with a Spanish translation of the same document before they are asked to sign the English version. If the car dealer fails to do so it constitutes a statutory violation or dealer fraud. If you have negotiated your car purchase deal in Spanish and the car dealer didn’t provide you with a written Spanish translation of the final contract than you may be entitling to cancel the contract and obtain a refund.
Categories: General Articles
Tags: dealer fraud, statutory violation
Very often dealerships sell cars that were previously wrecked, salvaged or have been declared a total loss without disclosing this fact to the consumer. After they have purchased the vehicle customers notice that the vehicle has persistent mechanical problems. This could be a sign that your car may have been in an accident before you bought it. If your vehicle was in a prior accident, and the car dealer failed to disclose this fact to you, you may have a chance to cancel your purchase contract and seek damages. Contact and experienced dealer fraud attorney for legal help.
Categories: General Articles
Tags: dealer fraud attorney, previously wrecked, prior accident, salvaged, total loss
Thoroughly test drive the car you intend to buy and have it checked out by your own mechanic. Very often defective cars are sold at dealerships or public auction where car buyers forgot that the sale car has not been test driven. Remember that if the car was in previous accident damage it seriously depreciates its value and safety. Look for a kitchen magnet that will not stick to a fender (may indicate bondo), a plastic filler used in body repair. Always do a visual inspection of the car. Check for paint overspray in the door jambs, strange weld marks under the carpeting in the trunk, door and windows …
Categories: General Articles
Tags: Avoid Dealer Fraud, damaged, dealer fraud, defective cars, previous accident damage
Car dealers know that the average consumer will not read most of a pre-printed document and most of the time they take advantage of this to make more profit. It is common for dealers to promise consumers to help arrange the financing with a third party lender. This is because financing is complex and confusinf and dealers routine hold themselves out as experts in auto finance. Car buyers prefer all the terms explained by the dealer rather than read all documents themselves. This is when the car dealers scam you. Never sign the deal on the first day. Take some time to think it over. Ask the dealer for …
Categories: General Articles
Tags: Avoid Dealer Fraud, dealer fraud, scam, victim of dealer fraud
Often lemon cars that manufacturers buy back end up in the dealership lots. These lemon buy backs or repurchased cars often are referred to as “laundered lemons.” Pursuant to the California law requirements car dealers are obligated to disclose to car buyer that the vehicle was repurchased under the Lemon Law. However some dealers fail to disclose this fact. This action of the dealer is viewed as dealer fraud. You can avoid this car scam if you purchase a vehicle history report before you purchase a car. If you believe the vehicle you have bought is a laundered lemon you should contact a dealer fraud attorney immediately.
The “spot delivery” is a dealer trick used to get you to take delivery of a vehicle immediately after you agree on a car deal. However you should know that even though you pay down payment and drove away from the dealership with a new vehicle doesn’t mean you’ll get to keep it. Dealers know that most car buyers are in a hurry to sign the paperwork and to leave in their new vehicle. The scam happens when you allow the dealership to handle the financing. You first sign some paperwork which the finance manager should try to get approved with the bank. If he can’t get the deal …
Categories: General Articles
Tags: car dealer scam, dealer fraud attorney, dealer trick, down payment, scam, spot delivery, spot delivery schemes
When you think of buying a used car you should try to avoid the most common scams in the industry. The best way to avoid dealer fraud is to get as much information about the vehicle as possible. Here are some tips: Test drive the car – Drive in different road conditions for example on hills, highways, and in stop-and-go traffic. Always inspect the car – use an inspection checklist, which you can find in most of the magazine articles, books and Internet sites that deal with buying a used car. Have the vehicle inspected by a qualified mechanic independent from the dealer. Car’s maintenance record – Ask the …
Categories: General Articles
Tags: car scams, Car's maintenance record, dealer fraud, inspection checklist
1. If you consider buying a new car the best time to do it is around Christmas time because with not many of people are looking to buy a new car, and it forces dealerships to up their sales strategies. It’s easier to get a good deal when car sales are down and dealers want to make profit. 2. Never bring your old car to the dealership as a trade-in. The dealership often fails to make payments for the loan of your trade-in vehicle on time. You may become a victim of dealer fraud and be responsible for a great deal of late fees to the bank. If you …
Categories: Helpful tips
Tags: .trade in vehicle, Credit score scam, dealer fraud, scam, trade-in
