When there is a flood, watch out for Car Dealer Fraud, selling flood damaged vehicles. That is what happened after Hurricane Katrina. Now, the historic floods that raged in Louisiana last month damaged an estimated 100,000 insured vehicles. The National Insurance Crime Bureau said the number of uninsured vehicles damaged by flooding may be even…
Here are the top worst new cars out there, according to Consumer Reports: The Fiat 500L: The boxy Italian design has a balky infotainment system, using a version of Chrysler Group’s UConnect, and transmission issues. The Ford Fiesta: Owners responding to Consumer Reports’ survey didn’t like its automatic transmission. We would add the Ford Focus…
Check out this excellent article from AAA about avoiding car fraud in used car sales, including Certified Pre-Owned vehicles. https://www.calif.aaa.com/home/publications/westways/car-tips/drive-smart/2015-buying-used-car.html
Consumer Question: Is there any way I can ‘get out of’ a car loan that was obtained/approved due to false/untrue income amounts that the finance manager, not me, wrote on my loan application?I did not want a car loan because I was already maxed out and could not afford another bill of any type. I…
See this new story: Apparently CarMax is waiting for a catastrophe to happen and their corporate image to suffer a major meltdown before they will stop selling recalled cars? WTNH-TV: Blumenthal; CarMax playing car recall roulette Full report, released yesterday by the CARS Foundation, ConnPIRG, and M & R, with US Senator Richard Blumenthal: http://carconsumers.org/pdf/CarMax-CT-report_New-Haven_Hartford-6.pdf
Here is an interesting article about online cars sales. http://www.latimes.com/business/la-fi-hy-cutting-edge-beepi-20150802-story.html#page=1 One possilble upside to Beepi, assuming their claims are accurate — they have a policy of not selling recalled cars unless the safety defects have been repaired. (Unlike CarMax)
The Attorney General of New York has reached a $14 million settlement with three car dealerships and plans to sue several others in a crackdown on the sale of unlawful credit repair services and other after-sale items that impose hidden or illegal fees on car buyers. The deal with jointly-owned New York City-area dealers, Paragon…
Is this true, or are dealers suing because it is? Online car buying site TrueCar Inc. was jus sued for $250 million Monday in New York federal court by 117 automotive dealerships, claiming the company misleads consumers into believing it can streamline the process of purchasing a car, which the dealerships say hurts their sales….
Think your V-8 throaty engine rumble sounds great? What if it is being faked and is just a recording pumped into the cabin through your speakers? Does that Mustang GT or Ford F-150 rumble now make you feel like a fool? The Washington Post just published a major piece on the industry practice, now widespread,…
Toyota Motor Credit Corp. on Friday said that it faces a potential fine from the Consumer Financial Protection Bureau and the U.S. Department of Justice for allegedly engaging in discriminatory pricing of auto loans.
