Monthly Payments

Vehicle Leasing Scams: How To Avoid Them?

Following are some of the common leasing scams and how to avoid them: Terminate your lease early for a low penalty This is an all-time leasing scam. This is how it occurs. You ask your dealer […]

Hovanes Margarian, Attorney At Law   General Articles
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Avoid Dealer Fraud when You Buy a Car

1. Warranty Facts Sometimes you can buy a car that is still under warranty. If you buy a car with a warranty, check it by calling the number in the warranty book and ask if […]

Hovanes Margarian, Attorney At Law   General Articles
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Car Down Payment Basics and

The amount paid by the customer that covers a significant part of the vehicles cost is called down payment. This amount is deducted from the actual cost and loan is taken to pay the remaining […]

Hovanes Margarian, Attorney At Law   General Articles
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Dealer Trick: Changing the Paperwork

Changing the paperwork is an auto dealer fraud and is very troubling because in this car fraud the dealership is actually modifying legal documents. What happens is the dealership changes the original contracts with customers’ […]

Hovanes Margarian, Attorney At Law   General Articles
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Car Buying Tips – Be Careful

The more the buyer is informed the wisest is his purchase. However, there are customers who go to the dealership without doing any research. Often they get confused by the seemingly endless stream of complex […]

Hovanes Margarian, Attorney At Law   Helpful Tips
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Dealer Tricks – Subject to Financial Approval

There is the small, fine print included in the contract which states subject to financing approval. Some consumers don’t really read it and get in trouble. Later when you do not agree to pay a […]

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Dealer Lower Payments Scam

It is a common practice for dealers to call the customer after a week they have purchased a car and inform you that they have just got a better deal for them on the car […]

Hovanes Margarian, Attorney At Law   General Articles
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Vehicle Monthly Payments Packing

There are car dealers who are ready to do anything to get your monthly payments as high as possible and make more profit. It is common for car dealers to misquote and inflate monthly payments. […]

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Car-dealer tricks: The balloon payment

It is legal for car dealers to offer loan periods extending out six or seven years. After all, many cars last longer than they used to, and longer loan terms mean your monthly payments are […]

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Auto Dealer Loan Kickbacks

One of the auto industry’s dirty little tricks is the practice of lenders giving loan kickbacks to dealers for charging high-interest rates for the car loans. A good example of this would be when a buyer […]

Hovanes Margarian, Attorney At Law   Car Scams . General Articles
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