About Auto Fraud News

Auto dealerships defraud customers out of thousands of dollars a day and the customer doesn't even know it. Dealerships manipulate customers during new or used vehicle purchase and lease. Unethical and illegal practices have become second nature to vehicle dealerships, one of the largest industries in the United States.

Sales projections indicate that Americans will purchase more than 16 million new vehicles over the next year alone. Dealer fraud is likely to affect millions of those buyers. If you've purchased or leased a vehicle you are likely to have been one of those buyers. Customers suspect dealers are not always up and up, but the size of the purchase, the flurry of paperwork, and complicated financial relationships make buyers particularly vulnerable to fraudulent schemes.

Dealers fraudulently squeeze maximum profits from every sale. Dealers generally have a direct relationship with the lending institution financing a purchase. Most customers never see the paper work maintained at the lending institution. It may have a different loan amount, interest rate, and payment schedule than what was negotiated at the dealership sale. Few notice extra charges added at every stage of the sale that inflate dealer profits. Auto Dealership Fraud is ramped geographically and in the number of customers it affects. These practices are common place among many of the largest auto dealership conglomerates. From newspaper advertisement to the servicing of a vehicle after purchase, each step is fraught with danger to the customer. If you have purchased or leased a vehicle don't be taken for a ride. Call us at 800-670-8555. At Woodruff Injury & Consumer Protection Law, we can help.

ADVERTISEMENT