One of the common scams of the car dealer is to tell you that the dealership has found a lower rate for you. All you have to do is go to the dealership and re-sign your loan papers. However, this is not the truth. Most victims of this car fraud are people who don’t know their credit score and don’t have any information about the current interest rates they qualify. Thus, the best way for you to avoid this scam is to get a copy of your credit report online.
You should never consider buying a car when you are in desperate need for one. Your car dealer will probably feel that you need a car very much and will try to take advantage. Never wait until an old car is dead before searching for a new one. Give yourself a little more time to shop around for a new car and you will be able get the best deal possible.
Sometimes the dealership will contact you to inform that your financing fell through and that you have to respond by paying more money on your loan. This is just another scam pulled by dealerships. Don’t believe it. It’s another reason for you to get a copy of your credit score.
Avoid the scams at brown & daub kia they got me, i should have researched scams because they did all these things listed on this site.