Jul 16 2008
Auto Lease Fraud
Car dealers make good profit from leasing, which is also an area of automobile fraud. Most often car leasing fraud may involve false terms of the lease, such as the amount exchanged for trade-in, down payments, or rebates. Car leasing fraud include higher capitalized costs than represented; manipulation of residual values; exorbitant early termination penalties; and even deception about whether the transaction is or is not a lease. If you feel confused about the terms of your car lease contact us.
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I have no doubt that the dealership lied to you and mislead you into
entering the lease but unfortunately there is not much that can be done
without risking a lot. In a scenario such as yours they have the defense
based on the fact that it was all written out in the lease agreement.
Beyond that anything they misconstrued during the sale has not recorded -
your conversation with the sales person is difficult to prove and they will
certainly refuse to admit how they mislead you. Certainly there is a
possibility of getting justice by suing them but what are the odds? And
would it be wise to spend $10-$30k to litigate a matter without factual
evidence? Unfortunately you are better off moving on by buying the vehicle
or turning in the lease. Another attorney might recommend otherwise so do
ask around but in the end of the day you just got a bad deal.