OFFICE ADDRESS
The Law Offices of Hovanes Margarian
13425 Ventura Blvd.
Suite 303
Sherman Oaks
CA 91423
818.990.0418
Have you ever come to describe your car dealer as an honest and trustworthy person? I guess no, because dealer tricks are so called “treasures of their profession”. To avoid car dealer fraud you should first of all recognize those tricks which may seem quite kind and humanistic from the first sight. “I have got a car for you” You should know that there is a huge difference between buying a car and being sold a car. In the first case your purchase is on your terms, in the second case that sweet-talking man controls over every next step. To avoid this kind of dealer tricks you should take …
If you are buying a used car then the first thing you should consider is a vehicle history report. What is a vehicle history report? Vehicle history report is a document which provides you the whole information you need about car’s history. This enables you to take a close look at the car’s past performances and consider its usability for the future. Why is vehicle history report important? Purchasing a car requires a good deal of budget, so you should make sure that the car is worth the money paid. Vehicle history report reduces the risk of becoming a car dealer fraud victim. While looking through used car history, pay an …
Categories: Helpful tips, Odometer Fraud
Tags: Avoid Dealer Fraud, used car fraud, vehicle history report
The purchase of a new car can be a very tiring experience, especially when you are shopping at a car dealer who wants to trick you to buy a car that is not in your price range, or wants to sell you accessories that you don’t necessarily need. Another common practice for a car dealer can be convincing you to lease even though it really is not the best choice for you. In fact, there is a huge list of car dealer scams and tricks. However, it is still possible to purchase a vehicle and stay clear of all these car fraud. Here are a few tips to use …
Odometer fraud continues to be a serious issue today. More than 450,000 vehicles, according to 2002 NHTSA estimate, are sold each year in US with false odometer readings. Today almost all modern cars have electronic digital odometers which are supposed to make the tampering with the mileage more difficult. However, it turns out, that electronic odometers are even easier to roll back having a special software. So how can you discover odometer fraud? Check the car history records Check the used car history report – even though it will not give you a 100% guarantee that the car is perfect, it’s well worth the money spent. The car may …
To secure yourself from car dealership tricks, you should learn dealer scams. In this blog we will discuss the situations when a car dealership financed contract may be cancelled. If you buy a car that is financed through the dealership, the dealer has a right to cancel the contract, but only if you are notified within 10 days of the date on the purchase contract. It is based on the language of the purchase contract. Look at your purchase contract. That’s the long yellow document containing “RETAIL INSTALLMENT SALES CONTRACT” note at the top. Turn to the back of the purchase contract, and find the box with the “Seller’s …
Categories: General Articles
Tags: Avoid Dealer Fraud, car dealership tricks, Dealer scams, down payment, trade-in
When you go to the dealership to buy a new car you should remember that everything is negotiable. Most car buyers become a victim of dealer fraud and different dealer tricks because they do not know how to negotiate. A car is a major purchase and especially during the crisis, each consumer needs to get the most value out of their money. Remember that you will be dealing with salespeople who have most likely been trained to negotiate the best deal for the car dealer and not for you. If you do not know how to negotiate or are not comfortable with negotiating, then the chances increase for you …
Categories: General Articles
Tags: Avoid Dealer Fraud, Avoid Scams, car buying scams, dealer fraud, dealer tricks
Thoroughly test drive the car you intend to buy and have it checked out by your own mechanic. Very often defective cars are sold at dealerships or public auction where car buyers forgot that the sale car has not been test driven. Remember that if the car was in previous accident damage it seriously depreciates its value and safety. Look for a kitchen magnet that will not stick to a fender (may indicate bondo), a plastic filler used in body repair. Always do a visual inspection of the car. Check for paint overspray in the door jambs, strange weld marks under the carpeting in the trunk, door and windows …
Categories: General Articles
Tags: Avoid Dealer Fraud, damaged, dealer fraud, defective cars, previous accident damage
Car dealers know that the average consumer will not read most of a pre-printed document and most of the time they take advantage of this to make more profit. It is common for dealers to promise consumers to help arrange the financing with a third party lender. This is because financing is complex and confusinf and dealers routine hold themselves out as experts in auto finance. Car buyers prefer all the terms explained by the dealer rather than read all documents themselves. This is when the car dealers scam you. Never sign the deal on the first day. Take some time to think it over. Ask the dealer for …
Categories: General Articles
Tags: Avoid Dealer Fraud, dealer fraud, scam, victim of dealer fraud
Many consumers become victims of dealer fraud after they have already closed the deal. This is when the dealer gets you on the extras and the warranties. The extras may include rust proofing, scotch guarding and others. The trickiest closing cost scam is the extended warranty scam. This warranty is not the one factory gives you for the car and usually covers the cost of repairs. Often consumers are not informed that extended warranties cover mainly small repairs and don’t cover major problems with the car. Also never consider buying an extended warranty if you are only leasing the car for a small time period like 36 months. It’s …
Categories: General Articles
Tags: Avoid Dealer Fraud, closing cost scam, dealer fraud, extended warranty scam, extras
If you are thinking about buying a new car and are confused about the terms and are concerned about being switched into a vehicle lease, use the following tips: 1. Remember that when you lease a car, you are actually borrowing it and not buying. The lease may seem to be less expensive at the first sight but there are often many hidden fees which make the lease more expensive. There are hidden fees for excess mileage and wear and tear to the vehicle. Also if you lease a vehicle that has a lease allowance of 25,000 miles a year and at the end of the year you have …
