Brayman, Houle, Keating & Albright, PLLC
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May 2012

Don't be a victim to a car dealer scam

Most car dealerships aren't trying to rip you off. But some, let's face it, are on the prowl for victims. Even reputable dealers sometimes stretch the truth or misrepresent products when desperate to make a sale. So if you're considering an automobile purchase, remember the age-old maxim: Buyer beware. Here are some schemes to watch out for.

If it sounds too good...

According to the FBI, there are over 14,000 scam artists at work on any given day. Perhaps the information presented here will help you avoid becoming a victim. If you have questions, please call us. Remember, if it sounds too good to be true, it may well be a scam.


Guard against these practices and others by researching car values, knowing your credit score, and considering alternatives to dealer financing — before walking into the dealership.

 

"Fraud Alert" is published monthly to provide useful information about scams and cons. Return to this site every month for helpful suggestions on how to avoid fraud. If you would like to be on our mailing list to receive other financial, tax, or business information from time to time, please contact our office.

The information contained in this site is of a general nature and should not be acted upon in your specific situation without further details and/or professional assistance.