When purchasing a vehicle in California, it's crucial to understand your rights and the obligations of car dealerships, especially when it comes to financing. One of the most important consumer protection regulations in this context is the 10-day rule. This rule is designed to shield car buyers from predatory lending practices and ensure that dealerships are transparent about the financing process. Essentially, the 10-day rule requires car dealerships to secure financing for the buyer within a … [Read more...] about The 10-Day Rule In Auto Financing Explained
auto fraud
Yo-Yo Financing: Don’t Be Fooled By This Car Dealership Scam
Yo-yo financing is a common car dealership scam used to trick consumers into signing paperwork that will cause them financial harm. Unfortunately, not everyone is well-informed of this car dealership trick and ends up paying more for their purchased vehicle than they originally agreed to. If you have recently purchased a car from a dealership or are looking to buy one, it is important that you know all the details about yo-yo financing. It may end up helping you, your family members, or your … [Read more...] about Yo-Yo Financing: Don’t Be Fooled By This Car Dealership Scam
How to Spot Odometer Fraud and Protect Yourself When Buying a Used Car
Buying a used car can be a risky business. According to the National Highway Traffic Safety Administration (NHTSA), over 450,000 vehicles are sold each year with illegally doctored odometers, costing unsuspecting consumers over $1 billion annually. As a consumer, arming yourself with information is the best defense against predatory odometer fraud. This guide will teach you how to detect tampered odometers and ensure you don’t get scammed. What is Odometer Fraud and Why Does it … [Read more...] about How to Spot Odometer Fraud and Protect Yourself When Buying a Used Car
Car Dealer Misrepresentation and False Advertising
Car dealer misrepresentation and false advertising are significant problems in the auto sales industry that lead consumers to overpay or purchase vehicles that don't meet their expectations. At Consumer Action Law Group, we regularly encounter cases where California car buyers have been misled by deceptive dealership practices. In this article, we'll go over some common tactics used by car dealerships to misrepresent their vehicles in advertisements. You'll find data on the prevalence of … [Read more...] about Car Dealer Misrepresentation and False Advertising
Car Dealer Lied About Financing? Know Your Rights
Have you recently bought a car only to discover that the dealer wasn't honest about your financing? You're not alone. Many California car buyers find themselves in this frustrating situation. When a car dealer lies about financing, it can leave you feeling trapped and unsure of what to do next. At Consumer Action Law Group, we've seen firsthand how deceptive financing practices can turn your dream car into a financial nightmare. Whether the dealer misrepresented your down payment, fudged … [Read more...] about Car Dealer Lied About Financing? Know Your Rights
Auto Lawyers that Deal with Car Dealerships
Have you ever felt like you got a bad deal when buying a car? You're not alone. Auto fraud is a real problem in California, and it can leave you with a lemon of a car and a mountain of bills. That's where auto lawyers come in. But what exactly is auto fraud? It's more than just a bad deal – it's when a dealership intentionally deceives you during the car-buying process. This could include misrepresenting a car's condition, hiding important information, or sneaking in extra charges without your … [Read more...] about Auto Lawyers that Deal with Car Dealerships