Car Dealer Scams

Car Dealer Scams pulled on you when you are not prepared.

The Trade-In Car Dealer Scam:

 Be careful of car dealer scams not including your trade on your paperwork. Some dealers have been known to leave out the trade and you bought a car and still own and owe on the Trade-in. See Trade-in Payoff Scam

Dealer Prep Car Dealer Scam: 

Some dealers are charging a Dealer prep charge on vehicles when the manufacturer actually pays for the Dealer Prep. Read your window sticker on a new Car and you will see the statement. More details at Dealer Prep Scam.

Interest Rate Car Dealer Scam: 

This dealer scam is where the dealer actually quotes and charges you a higher Interest rate on your car loan that you actually qualify for. It may be 1, 2, 3 percent or more. See Interest Rate Scam

Extended Warranty Car Dealer Scam: 

Dealers have been known to con you into buying an extended warranty by telling you that if you buy a warranty they can get you a lower Interest Rate or it is the only way you can qualify for the loan. Details here at Car Warranties.

Payment Buyer Car Dealer Scam:

 The dealer scam will have you focus on the payment rather than the selling price or Interest Rate. Most people are concerned with the monthly payment and the dealer focuses on that concern to make huge profits. You need to know the selling price and interest rate, the rest is math. When buy based on payment you will usually over pay. More Details

Your Loan Was Not Approved Car Dealer Scam:

There have been many instances where this car dealer scam will call you after you have taken delivery and tell you that your loan was not approved. They will say that you need to come in and go over some alternatives to keep the car. The alternatives can be higher rate, more money down, longer finance term, different car or a host of others that are in their favor. More Details Soon.

Car Repair Scams Revealed, You know it happens 

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