How auto dealers scam customers with inflated loans - has this happened to you? - GMC Terrain Forum : GMC Terrain Forums
Reply
 
Share LinkBack Thread Tools
Old 04-12-2011, 04:00 PM   #1
Member
 
Join Date: Mar 2011
Posts: 61
Default How auto dealers scam customers with inflated loans - has this happened to you?

Heres a huge write up on Jalopnik about how auto dealers always scam customers, and it does happen pretty often safe to say. Though most dealers in Canada must say that the car has been in an accident, but always in the repair report it never says were it was in an accident or not.



But the story is way different in the US, where reputable BIG dealers, ie one mentioned in the Jalopnik Article, Blue Springs Ford, are even scamming people and selling them wrecked vehicles with the wrong info, on Paper!

Heres just one story of the many stories that happen in the US and to many unsuspecting people, who just want to buy a decent car for a decent price!

He found creative ways to finance a 12.25 percent loan in 2007 despite Moses' lousy credit rating. But for some reason he limited her choice to only two cars on the lot. She fell in love with a sleek, new Hyundai Elantra, despite her father's warning that the car looked a little askew.
On a trip to Dallas two months later, Moses lost control of the Elantra as she veered to avoid a car swerving into her lane. When a mechanic suspended the car on the rack, he immediately spotted rusted damage from an earlier wreck.
Punching the car's ID into the computer turned up a previous owner from Georgia, according to an interview with Moses and court documents. She learned through court proceedings that the dealer, Automax Hyundai South, routinely got duplicate "certificates of origin" from the automaker to sell used cars as new

Who would of known that auto dealer major ones, not just your shady used car dealer ship has these horrible cars, and are more than willing to sell them to you.

Full article below.
http://jalopnik.com/#!5791211/how-auto-dealers-scam-customers-with-inflated-loans
RR-Rain is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
Reply With Quote
Sponsored Links
Advertisement
 
Old 04-12-2011, 04:35 PM   #2
Banned
 
Join Date: Feb 2011
Posts: 141
Default

Can't believe how they can just defraud people like that it's horrible and it sucks, worst of all it won't stop. The economy is hurting and getting worse so people will be always hungry for money and looking for quick ways like in the article. Best thing to do is educate yourself on it before you buy! If you can spot the lemon, awesome. If not, well you just got sucked into the scam.

Has anyone experienced this or know of someone that did?



Terrain is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
Reply With Quote
Old 04-12-2011, 06:37 PM   #3
Senior Member
 
Join Date: Mar 2011
Posts: 98
Default

I agree they fraud the living crap out of people,and they will have to pay in the end. They ran this scam for a while until someone actually had the brains and will power to sue them, and the fear the"big auto dealer" So in the end that this bullCrap! doesn't happen all the time. I honestly hate used car sales dudes.. they just are all crooks!
all-terrain is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
Reply With Quote
Sponsored Links
Advertisement
 
Old 04-14-2011, 06:31 PM   #4
Member
 
Join Date: Mar 2011
Posts: 64
Default

one of my friends, almost got scammed by going to a used car dealer and paying a super high interest rate.. But luckliy it wasnt to bad and re turned the car and realized after that the car was in a collision.
Crossv6 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
Reply With Quote
Sponsored Links
Advertisement
 
Reply


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Powered by vBadvanced CMPS v3.2.2

All times are GMT -4. The time now is 04:29 PM.



Powered by vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.5.2
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.