The most frequently asked question that we hear from consumers who have been victimized by Auto Dealer Fraud is "How Do They Get Away With It?". We regularly see examples of auto dealers committing fraud, forgery, odometer violations, and the sale of dangerous cars. We also see many examples of credit application fraud by dealers. Many consumers go to on-line review sites after they experience a problem, and they realize that the dealership did the same thing to many other consumers.
A recent study by the Consumer Federation of America found that there were 70 million recalled cars that were on American roads. "While these open recalls present a clear hazard to the occupants of these vehicles, they are also a hazard to the rest of the driving public," said Jack Gillis, CFA's Executive Director.
Car manufacturers and dealers heavily promote their certified pre-owned vehicles. But, in our experience, certified pre-owned is mostly a marketing gimmick. Although dealerships promise that the certified cars have undergone a stringent inspection, we find that in many cases, either no inspection was performed or defects are overlooked. As a result, many of these "certified" cars are not worth the higher price that dealerships charge for certified pre-owned vehicles.
The New Year is a perfect time to check your credit reports. This is especially true if you are thinking of financing a major purchase (such a car or new home) or refinancing a mortgage in 2018. A surprisingly high percentage of credit reports have inaccurate information. And, if there are problems on your report, it is much better to find out about them before you apply for credit.
The Connecticut Appellate Court has dismissed an appeal filed by an auto dealer, A Better Way Wholesale Autos. In its appeal, the dealership was attempting to throw out an arbitrator's decision that the 2004 Mercedes E 500 that it had sold to a Connecticut consumer was not safe to drive.
The Connecticut Appellate Court, in a unanimous decision, recently upheld a decision by a Connecticut Superior Court Judge that A Better Way Wholesale Autos committed auto dealer fraud. The judge had found, following a trial, that the dealership had committed unfair trade practices and defrauded a consumer.
Buying a car in America is different from almost any other type of shopping experience. Car dealerships understand this. Unfortunately, many car buyers do not.