Tag Archives: fraud attorney

If you purchase a car that has had its odometer rolled back, you may end up paying more for a vehicle than it is actually worth. You will never know when an actual scheduled safety check is due which could make driving the car a safety hazard. There are a number of reasons why sellers roll back odometers. There are people who have leased cars who will roll the odometer back so they do not have to pay the lease return mileage fee. For those who have the “know how” and tools, it is quite easy to roll back an odometer. With newer cars, all that one has to …

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A car title purposely misrepresents the car title history for any number of reasons then car title fraud has occurred. The chief basis for car title fraud being actual is because states lack conformity on what constitutes a “salvaged car”. As a vehicle is damaged by a natural disaster, involved in a serious collision, or stripped as a result of theft the insurance company can take possession of the car after reimbursing the insured driver and repair it. Then the car gets a new title which includes the type of damage the vehicle sustained and the vehicle is then often sold at an insurance auction. Vehicle title fraud takes …

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One of the most popular types of fraud today involves auto insurance, particularly in staged auto accidents.  These scams have become rather sophisticated to a point where they often involve numerous participants. Auto accidents sometimes turn to be no accident at all, but a staged production by criminals where you are unknowingly and innocently made an actor. Before you take to the road, learn to recognize auto accident scams to help keep away you and your family from becoming victims. Don’t Be a Victim All the time try to drive carefully to help ensure your safety and lessen the probability of having an auto accident. In case you are …

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Find out how old the car is The car may look great, but if it is not a new one, it may not be worth purchasing. Ask for the service records Having on your hands the service records, you will to see how often the oil has been changed, tires balanced and rotated, as well as any leaks or other repairs that might have befallen to your beloved vehicle. Take the car to your mechanic In case it is obvious that you are serious about buying that car, auto dealers never mind if you take the vehicle to your mechanic for a quick engine check. Open the hood yourself …

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A recall arises when a manufacturer or a third party comes to a decision that a product has a fault, which is serious enough to cause harm to consumers. It is then barred from distribution awaiting the problem to be fixed and tested. An official auto recall demands a manufacturer to release an official notice to vehicle owners found to be defective. In case a manufacturer is considered responsible for a serious defect, the NHTSA will announce the auto recall. Usually only a portion of the vehicles produced for the specific year, make, and model will be affected by the defect and recall. How to Know whether Your Car Has Been Recalled? …

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Car dealers do not sit on their hands, they constantly think of new methods to take advantage of car buyers. Here are the most recent car dealer tricks. • Spot Delivery: When you choose the car you like, fill out all the paperwork, the car dealer tells you that although your loan hasn’t been “officially” approved yet, you can drive the car home anyway. Don’t agree! If you do, the car dealership will call you and say that your loan wasn’t approved at the interest rate you discussed. However, you were approved at a higher rate. This signifies that you’ll likely pay thousands of dollars more than you expected. …

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1. Advertised Special Car: It is a car dealer trick that has been around for many years, that is to advertise a car at a special price that is almost unbelievable. This can be a stripped down model with a standard transmission, perhaps no radio or air conditioning and crank windows. This is the car nobody wants after they see it, but the plan is to advertise the car at a very low price so that customers will come into the dealership. The aim of this trick is to make the car buyers that came to look at the low priced car buy the higher priced car. The chances …

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1. Keeping the Trade Keys: The idea is to get the keys to your trade-in so you can’t leave without getting the keys back from the salesman or sales manager. In fact keeping you captive they try to sell you a car without you getting up and leaving (an ordinary car sales trick). In case you demand your keys back, surely, you would not have any problem getting them back. Usually dealers understand upset customer is not very likely to buy a car. 2. Pulling the Keys: The trick of pulling the keys is usually used to help move negotiations forward. While the salesman and customer are negotiating another …

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When dealing with dealers, it is not easy to recall every fact you have examined, but try to keep these  key points in the back of your mind: •    Dealers have revenue commonly between 10 percent and 20 percent. Typically, this is the difference between the sticker price (the price they want you to pay) and the invoice price (the price they paid for the car). •    If you do not see exactly what you want on a new car, consider ordering it. This may take time, but at least you’ll be paying for what you want and not paying for extras the salesperson talked you into. •    If …

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Car scams do “chase” car buyers. Every year the number of car dealer fraud victims increases rapidly. The main concern is that newer and newer car selling scams are designed every day which are mainly based on older “classic “scams. Here are some of the most common auto dealer scams. • It is a common scam when a dealer claims that you are not eligible for competitive financing rate with your credit score. This is only true if you miss your payments or pay them with delay. Some dealers may try to convince you that the only option you have is to accept the financing and terms suggested by …

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