Are you excited about purchasing a new car or a motorcycle? Watch out! The thrill accompanying the choice of a vehicle should be taken under control since many dealers are waiting for a chance to drain your budget.
Although some of these examples of auto dealer frauds are as old as the history of the automotive industry itself, for example, an odometer rollback, it is still sensible to remind yourself of them and keep your guard up!
Hiding the car’s past by an auto dealer
Revealing the secrets about the actual condition of a car or a motorcycle is particularly frustrating. No one wants to lose all savings on a car or a bike of one’s dreams only to find out the vehicle damage history was successfully changed.
It is certainly recommended to check vehicle history first. Still, if you happen to become a victim of scammers, you should be prepared for their attempts to protect yourself from your complaints about the fr
Odometer rollback for decreasing the mileage
The classic trick of all time is falsifying the readings of a vehicle’s odometer. Undoubtedly, lying about the actual mileage is the most accessible fraud an auto dealer can commit.
Checking vehicle damage history can give you some insights into how the vehicle was used in. However, you might not get any hints about its actual condition if there were no damage cases.
A bait & switch strategy: check vehicle history of sales
This technique is based on psychology. If you come across a real bargain online and find out it is not available anymore in the actual place of car dealing, the unfair dealer might try to talk you into buying a very similar vehicle for a more excellent price. In reality, the car sold to you for more money might even be the one that had supposedly already been sold before you came!
Undoubtedly, auto dealers can also include various hidden charges into a contract, so you should be very careful while reading it, just like any other document.
A false credit application
More and more car dealers will even talk their clients into getting a large loan to purchase a costly vehicle. These dealers are ready to falsify your credit application to make it possible.
Staying cool while looking for a new vehicle is a must. Check different offers and opinions about auto dealers, ask your acquaintances for suggestions, invite a good car mechanic and delve into the vehicle’s service book – a service history check cannot be omitted!