how to avoid the auto dealership scams and particularly how to avoid becoming a victim of sneaky car dealers.

1. California Auto Dealer Fraud Law Firm
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2. Auto Financing Scams You Should Avoid
When you decide to buy a car, it is necessary to make a wise
decision when it comes to the selection of car dealers. A lot of
dealers are honest but you cannot take it for granted in all
situations. Regardless of buying a new or a used vehicle, you
must be aware of the various scams in order to protect your
interests and money.
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3. Auto Financing Scams You Should Avoid
The following are some of the valuable tips on how to avoid the auto dealership scams
and particularly how to avoid becoming a victim of sneaky car dealers.
Look at the following auto financing scams:
 Auto Financing Scam 1 - YoYo Scam
 Auto Financing Scam 2 - Window Etching Scam
 Auto Financing Scam 3 - Preparation Fees Scam
 Auto Financing Scam 4 - Market Adjustment Scam
 Auto Financing Scam 5 - Warranty Extension Scam
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4. Auto Financing Scams You Should Avoid
Auto Financing Scam 1 – Yo-Yo Scam
YoYo is a very common car dealership scam. Car dealer will allow you to bring the car home as soon as
possible explaining that you have excellent credit and a good APR on the loan. Car dealer will take care of
your financing matters but a few days or weeks later he will contact you again and tell you that there was a
problem with your financing plan and you didn't qualify for the interest rate. So you will be asked to go back
and work it out. If you become a victim of this scam prepare to pay a much higher interest rate and
maybe a fee. Be wary of this trick and avoid it at all costs if you detect it.
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5. Auto Financing Scams You Should Avoid
Auto Financing Scam 2 - Window Etching Scam
Another common financing scam is window etching. This scam happens when the dealer “scratches”
the vehicle glass with part of the car’s VIN number, for which a dealer will charge you $300-$900 for
window etching and they will tell you that you have to pay the money to get the loan because the banks
insists on it. Some dealers might tell you that the etching is free but will add on the etch money to your
monthly payments. To avoid this scam persuade the dealer to put it in writing whether the etching is free or
simply etch the car yourself. In fact, window etching is almost pure profit for the dealership. It costs the
dealer about $14 or less, and “do it yourself” etching kits are available on the Internet for $15 to $20.
Reportedly dealership marketing plans provide for $900,000 annual profits from etching.
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6. Auto Financing Scams You Should Avoid
Auto Financing Scam 3 - Preparation Fees Scam
In general, preparation fees cover the peeling of plastic off the seats, checking of fluid levels,
vacuuming the interior, and washing and polishing the exterior. The dealer may tell you that you
must pay a fee for this, but you will know that have not to pay anything because it is already paid for
and listed on the MSRP.
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7. Auto Financing Scams You Should Avoid
Auto Financing Scam 4 - Market Adjustment Scam
During this scam the dealer will tell you that your desired vehicle is very popular and is very much in demand.
Even if it really is, you should not be attracted. In order to sell you a “popular” car, the dealer will imply some
"market adjustments" amounting to a few thousand dollars. Take a look of MSRP tag.
Remember you should never pay a few thousand dollars more than the MSRP set by the manufacturers
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8. Auto Financing Scams You Should Avoid
Auto Financing Scam 5 - Warranty Extension Scam
The car dealer will tell you that you are required to pay for an extended warranty because it is one of the
obligatory conditions of the bank. You can easily avoid this scam. Just ask the dealer to define clearly in
writing that “extended warranty” is required for the loan to be approved. Be sure, he will probably find
a way to have it excluded. Terminate the dealt with this car dealer and go to other dealerships.
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9. Auto Financing Scams You Should Avoid
Always keep in mind all these scams
before you are going to buy a car,
irrespective of a new or a used car.
Think very carefully and do not buy on impulse.
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10. Thank You for Your Attention
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