Car Financing Dealer Fraud
It would be a good idea if you decide to never finance a vehicle through the dealership because when you meet the finance manager whatever payments, interest rate, etc. you had may get tossed out. This is when the dealer fraud may begin. For example the dealership may try to “stuff” your contract with extras like unnecessary warranties, costly etching, glazing, environmental packages, etc., and the dealer may try adding it to your contract. These extras are where the dealership makes most of their profit.
Moreover, finance managers may ask you or even ask you to ask your employer to lie about your income. If you agree you could possibly end up getting charged with a felony, not the dealer, for knowingly defrauding the lender. New car dealerships have even been accused by former employees of forging car buyers’ signatures to lenders.