In California, welfare recipients can’t own a car worth more than $4,650, a dollar value set in the mid-’90s. The economy has been awful for several years, as we all know. This has left many Californians needing cars to buy clunkers and unsafe cars at high interest rates. How? Buy-here/pay-here dealerships are flourishing in California, selling to military…
GM (which includes Chevrolet, Buick, Cadillac, GMC, Opel, Vauxhall, and Holden) is on pace to sell more new cars than Toyota, Volkswagen or any other Japanese or European car manufacturers. Toyota and Honda, however, have had production hurt by the earthquake/tsunami and Fukushima nuclear disaster. New designs at Chevrolet and flood-damage in Japan may be…
GM has initiated a recall in all but name. After some government crash testing led to battery fires, Chevy is bringing all the Volts back in for a fix. Battery fires may result in a Lemon Law claim for return of these (or other) vehicles. Consumers don’t have to “live” with a dangerous or destroyed…
Mr. Cordray is a former attorney general of Ohio noted for his aggressive investigations of mortgage foreclosure practices. Currently in charge of enforcement at the consumer agency, the Bureau of Consumer Financial Protection. In his two years in office, he has sued often, filing lawsuits and wresting about $2 billion from financial titans like Merrill…
The AP reports a former attorney, and California state employee, has taken Honda to Small Claims Court over the Lemon-like gas mileage on her 2006 Honda Civic Hybrid. The former lawyer claims to have gotten only 29-30 mpg, rather than the advertised 50 mpg. She claims the mileage deteriorated over time due to a degrading…
Consumer Question: Leased 2 brand new cars from 2 different dealerships within 1 month. 1st dealership suddenly wants me to sign a new contract w/ a higher interest rate bec. of the 2nd leased car. Nothing in my contract stipulated that I cannot lease another car. I would like to keep my old contract &…
Consumer Question: me and my spouse bought a used suv from a used car dealership and are paying 2 times the amount of the price of the vehicle and the vehicle has given us too many problems and have repaired too mutch things on it is there any thing we can do about this situation…
Reports just came out in the Union Tribune that San Diego new car sales are up 15%. Over the past 15 months, at least five new car showrooms or lots have opened in San Diego County, including San Diego European Motorcars and Mini of San Diego in Kearny Mesa; Hoehn’s Jaguar/Land Rover and Bob Baker…
The Consumer’s Friend recently received report of flood damaged cars from Japanese manufacturers (Toyota, Honda, etc.) possibly reaching U.S. markets. The earthquake, nuclear plant destruction, and tsunami in Japan may yet hold new dangers — this time to American car buyers. Sea water and electronics do not mix, and no one uses a Geiger counter…
Bank of America Corp. (BAC) will pay a record $335 million to compensate Countrywide Financial Corp. borrowers who were charged more for home loans based on race and national origin. Countrywide, acquired by Bank of America in 2008, assessed higher fees and interest rates to more than 200,000 black and Hispanic borrowers, the U.S. Department…
