New Car Scams: How to Recognize Them?
Issues with new-car dealers remain among the top consumer complaints. Buying a new car is very tricky because of the misleading factors. Among these factors are a) selling a used car for a new car’s price; b) hiding the fact that the car is recalled; c) concealing the mechanical or design issues of the car. To avoid these fraudulent transactions, the consumer should be aware of the market price of the car, do research on the car’s specifications and be informed of his/her rights before going to the market. Remember the information told by the salesperson and ask questions on the car’s specifications. If you feel that the salesperson is playing fast and looses the facts of the deal, the easiest thing to do is walk away. Avoid any situation that brings you to misunderstanding; otherwise, you can be the victim of fraudulent transactions.
One of the reasons that the consumers become the victims of car scams is that people cannot negotiate well. This happens because of the dealers’ advantage over the consumers- the consumers are not buying cars every day; on the contrary, dealership personnel sells cars every day. Be sure to educate yourself about as many car scams as possible.
Car selling scams can cost the customers hundreds and thousands extra dollars. The more they sell, the more they gain. The tricks and scams used by the salesperson are the bottom lines that increase the cost of the car. However, the law protects the customers’ rights and regulates the relationship between the seller and the customer. That is why you should be confident as the car dealers should not sell or lease new cars that are under a recall.
If you think that you are the victim of a fraudulent transaction, contact the dealer and tell about the problem. They must fix the problem or refund the cost. In case the company or salesperson refuses your demand, refer to the attorneys. The Law Office of Hovanes Margarian provides free consultation on your case. The Office studies all the materials related to the transaction, which helps the customer avoid overpaying for the car.