Consumer Law

Risks Associated with Used Car Dealerships

By M. Stan Herring

The California Lemon Law Blog posted an article about the increasing risks associated with used car dealerships.

Howard D. Silver says that identity theft, corruption, and fraud were uncovered in a recently concluded investigation of the January 2007 shooting of a New York used car salesman. This particular lot was allowing people to purchase vehicles without using their own name.

The invetigation also uncovered:

"...filing false information with lending companies in order to obtain financing, failing to credit customer deposits, switching loan interest rates, adding unreasonable fees and extra costs and insisting on extra insurance and warranties in order to inflate prices as much as possible."

While this particular case was in New York, it does happen all over the country. If you have been wronged by a used car dealership in similar ways, feel free to contact us.

Full post as published by Alabama Consumer Blog on March 18, 2009 (boomark / email).