Unveiling Auto Dealership Practices
The National Consumer Law Center reveals that auto dealerships’ true profits extend well beyond just selling new cars. Through financing, insurance, and repair services, dealerships maximize earnings on every transaction, highlighting the urgent need for consumer awareness and vigilance.
Each sale involves a commission-driven team, particularly within Finance and Insurance (F&I) departments, where employees’ incomes are heavily tied to the deals they close, often leading them to prioritize profits over consumer interests.
Moreover, many dealerships perpetuate a troubling culture of consumer exploitation. However, this does not have to be the norm. By staying informed and cautious, consumers can protect themselves against these practices.
Signs You May Be a Victim of Auto Fraud in Oklahoma
- Undisclosed Damage: The dealership sold you a car that had been previously wrecked or damaged without informing you.
- False Advertising: They sold you a used car claiming it was new.
- Lemon Buy-Back: You were sold a “lemon” buy-back vehicle without disclosure.
- Odometer Tampering: You discovered the odometer had been rolled back.
- Hidden Flood Damage: The dealership failed to reveal previous flood damage.
- Salvage Title: They didn’t disclose that the vehicle has a salvaged title.
- Financing Issues: The dealership told you financing was approved, then claimed it fell through.
- Title Delay: You haven’t received the vehicle title within 60 days of purchase.
- Trade-In Trouble: They kept your trade-in vehicle or down payment after claiming financing didn’t go through.
- False Certification: A previously wrecked vehicle was sold as “certified pre-owned.”
- Repossession Threats: The dealership is threatening repossession if you don’t sign new loan documents.
- Bait-and-Switch: The final price and terms differ from what you initially agreed upon.
Don’t fall victim to auto fraud. Contact our office for a free case review. Our experienced team has recovered millions for clients wronged by deceptive dealership practices. Defend your rights – we’re here to help you fight back.
Rawls Law Office is a premier law firm specializing in consumer law, with a particular focus on protecting individuals from deceptive practices in the automotive industry and beyond.