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Do White Buyers Get Better Loan Deals From Car Dealers?
White car buyers are more likely to get better interest rates from car dealers than minorities, even if they don’t spend time and effort haggling to get the best rate, according to research by a consumer group. more...
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CFPB orders Colo. dealer to pay $700K in restitution
On Thursday, the enforcement came against Herbies Auto Sales, an operator in Greeley, Colo., for what the bureau deemed to be abusive financing schemes, hiding auto finance charges and misleading consumers. more...
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Dealerships Deceptive Practice
AG penalizes 23 NY dealerships over deceptive advertising
New York: June 17,, Officials reached an agreement which returned more than $13.5 million in restitution to consumers, concluding an investigation into a trio of dealerships for the alleged sale of financial office products to 15,000 consumers — items that in some cases added more than $2,000 in “hidden costs and fees” onto the sale or lease price of a single vehicle. more...
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How Auto Mechanics Can Rip You Off, and How to Avoid Being Taken for a Ride
Have you ever gone to an auto repair shop for an oil change, only to have the mechanic say your car needs a new transmission? Has the “check engine” light come on, and suddenly the mechanic says you need expensive new engine parts?
More: Play Video on page: http://abcnews.go.com/US/auto-mechanics-rip-off-avoid-ride/story?id=25222138
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VEHICLE TITLE WASHING
Title washing — the process of altering vehicle documents to remove unsavory details about a vehicle’s past from its title is an increasing threat to the integrity and safety of the used-car industry in the United States.
According to a report released this week from researchers at Carfax, an estimated 800,000 used cars in the U.S. may be plagued by this issue, unbeknownst to their owners. More: https://www.youtube.com/watch?v=Vh-Ytm83qIk
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Service Advisor are train Salesman in the Service Lane
Most consumers see the Service Advisor as a person who is there to help them with their problem. Service Advisors are highly train salesman. Like anything else you should get a second opinion on repairs and cost. Study shows that the consumer is very lacks when comes to knowledge pertaining to service and repairs to their vehicle. more...
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Dealership settles charges for leasing unrepaired vehicles
Vehicles offered for lease were represented to be in good working condition, but were later found to have mechanical problems that required repair work. Dealership reached a settlement agreement with the state attorney general, who alleged the store leased vehicles that needed considerable amounts of repair work and used a lease agreement that did not comply with federal law. more...
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National Highway Traffic Safety Administration
News about National Highway Traffic Safety Administration, including commentary, recalls and archival articles published in The New York Times. more
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