Auto Dealer Fraud
Why Automobile Fraud is so Common?
An astonishing percentage of car sales involve fraud. Automobile fraud is so prevalent for a number of reasons. The sheer volume of American car expenditures is enormous--hundreds of billions of dollars a year. In addition, both by necessity and by dealer ingenuity, car purchases are complex. The sale involves compliance with state titling and registration laws, often involves trade-ins, financing, leasing, physical damage and liability insurance, credit insurance, service contracts, options, and other fees. This complexity provides ample opportunity for confusion and deception. The most common and actionable forms of auto dealer fraud are described below.