automobile fraud

Odometer Rollback Fraud: Tips on how you can avoid it.

Do you want to know what number one dealer fraud type is? You are not mistaken if you are thinking about odometer fraud or odometer rollback. This is a huge process that not only involves […]

Hovanes Margarian, Attorney At Law   Car Scams . General Articles . Odometer Fraud
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Dealer Fraud and Self-Help: A big mistake?

Often times we come across clients who have been defrauded by an automobile dealership and are eager to take matters into their own hands and rectify the wrongs.  From a layman’s perspective, the idea of […]

Hovanes Margarian, Attorney At Law   Car Scams . General Articles . Helpful Tips
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Automobile Fraud Warning Indicators

Below is a list of auto dealer activities which may signal possible automobile fraud in your automobile purchase or lease transaction of a vehicle in California. Switching the consumer from a sale to a lease […]

Hovanes Margarian, Attorney At Law   General Articles
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Auto Fraud: Hidden Damages of the Car

You must be very careful if you consider buying a used car. According some research about 10 to 12% of the used cars sold have some kind of hidden damage. Moreover, it is estimated that […]

Hovanes Margarian, Attorney At Law   General Articles
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Define Value of Used Vehicle with Kelley Blue Book

Kelley Blue Book has for a long time been considered as the main source for defining the value of used vehicle. However, you should be aware that the book is published in two separate guides. […]

Hovanes Margarian, Attorney At Law   General Articles
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Automobile Fraud: The Markup on Financing Packages

On the greatest sources of income to dealerships is the markup on financing packages or loans that they provide to their customers. Basically, dealers first buy credit at a wholesale price and then sell it […]

Hovanes Margarian, Attorney At Law   General Articles
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Automobile Fraud: The Trade-in Price

On the transaction, one of the biggest profit source for the dealer is considered to be the trade-in price being offered to you. Before trading in a vehicle consumers try to get information from the […]

Hovanes Margarian, Attorney At Law   General Articles
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Automobile Fraud – Certain Price Charging

Be aware of the dealer who claims that they have to charge a certain price because their lenders or the leasing company will not allow them to sell below a stated price. The truth is, […]

Hovanes Margarian, Attorney At Law   General Articles
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Auto Fraud: The Advantage of a “Holdback”

Actually, “holdback” auto fraud  is profitable for the dealer whereby the dealer pays from 1% to 3% less than the invoice price which may be shown to you by the sales manager. First the dealer buys […]

Hovanes Margarian, Attorney At Law   General Articles
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Cases of Auto Lease Fraud

Car dealers make good profit from leasing, which is also an area of automobile fraud. Most often auto lease fraud may involve false terms of the lease, such as the amount exchanged for trade-in, down […]

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