FAQ

GAP Insurance

GAP Insurance is also known to the public as GAP Waiver or GAP Addendum. It is an abbreviation for Guaranteed Asset Protection. In case your insurance company declares your vehicle a total loss from accident […]

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What Is “Bait and Switch” Scam?

The bait and switch is the type of scam that’s been used in just about every industry. This scam involves providing a vehicle for advertisement or promotion which is probably a very base model. This […]

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Is It Easy to Get a Zero Interest Auto Loan?

In order to qualify for a zero interest auto loan you must have a credit score of at least 680. Remember that you can get your credit report and credit score online from such sites […]

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What is Auto Loan Markup Scam?

According to some researches auto loan markup scam costs consumers as much as an estimated one billion dollars a year. This scam happens when the car dealer adds points to your auto loan based on […]

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Can a Zero Interest New Auto Loan Increase the Cost of a New Car?

Yes, if your car dealer is the middleman for another finance company. The reason is that the points the dealers lose on low or no interest loans they will make up for by raising the […]

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Is My Car a Title-Washed Car or Not?

There are cases, you may not be able to know for sure whether the car you are buying is  a title washed car or not. But following are some tips you can use: First of all check […]

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State Laws against Title Washing and Salvaged Vehicles

California, Michigan, and Iowa consumer protection laws are very tough and prescribe when a vehicle’s title must be branded as salvage or non-repairable  Other states are less protective. A lot of consumers are uninformed about the […]

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How to get out of paying a car dealership prep fee?

There is one simple thing you can do if you don’t want to pay for a prep fee. First you may ask the car dealership to credit you the amount of the prep service fees […]

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Do you believe that the vehicle has more miles than is shown on the odometer?

One of the oldest and most common forms of auto fraud is odometer fraud. Typically consumers are willing to pay more for vehicles with lower mileage and this creates an incentive for dealers to rollback […]

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Is as Low as 0% Financing Suggestion One of Dealer Tricks?

Generally there are usually no hidden dealer tricks to these super-low financing rates. They truly are great deals offered by the manufacturers to help the dealers move out certain models which may be lagging in […]

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