Jul
17
2008
Negative trade-in value is a type of auto dealer fraud and consists of a car dealer lying or misrepresents the value of your trade-in. This type of dealer fraud can include informing you that you owe more than the car is worth (sometimes a lie in and of itself) and building in the extra cost into your new loan by adding it to the price of the newly purchased car. This causes you to payand interest on your new car.
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[ To Learn more our services and areas of practice, please visit our website at
www.DealerFraud.org]
Jul
17
2008
All of the national car manufacturers - Chrysler, GM, Ford, Toyota etc - have certified used car programs. The dealers pay extra money to provide a manufacturer backed used car certification to customers. The certified use car programs provide an extended warrantee, and a promise that the car has passed a detailed inspection establishing that car is in excellent working order and has body integrity and no major problems. Manufacturers sometimes improperly inspect the “certified” used cars and certify the car even though it should not have been certified. We have represented consumers who have been sold “certified” used cars which are in fact re-built wrecks with substantial permanent frame damages, and are worth far less then the purchase price and unsafe to drive. Consumers who have been deceived into purchasing improperly “certified” used cars are entitled to sue for their damages or to return the car and get their money back. We can provide you with information regarding fraudulent or negligent certification of used cars. We also assist consumers who purchased lemons or on breach of warranty, Magnuson Moss or.
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[ To Learn more our services and areas of practice, please visit our website at
www.DealerFraud.org]