A recent article in Consumer Reports states that Certified Pre-Owned cars can cost hundreds or even thousands dollars more than other comparable vehicles.
CLG In the News: Managing Attorney Dan Blinn was recently interviewed about the pitfalls of buying a car for a new online series called "Your Money CONNection." To see the series, which also includes interviews with various experts on topics such as investing for college, buying a home, mortgages, credit reports and credit scores, student loans, wage and salary issues, bankruptcy and more, sign up using this link. The program, whch is sponsored by Attorney Sarah Poriss, is free and available to all Connecticut residents.
VIN Etching may be the most profitable add-on that a car dealership offers. Consumers may spend perhaps $100 or more for a service that costs the dealership perhaps $10 - $20 to perform. And, because Connecticut state law permits the dealer to preprint the charge directly on the contract, many consumers do not even notice that they have been charged for this service.
One way to avoid becoming a victim of auto dealer fraud is to conduct on-line research before car shopping. While positive reviews will not guarantee a good car-buying experience, consumers can frequently avoid the worst dealerships by checking their reputation in advance.