Watching out for Fraud

35 messages,  Last post on Feb 23, 2013 at 3:07 PM

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What is this discussion about? Car Buying, Car Financing, Car Leasing, Car Selling, Car Warranties

#30 of 35 Re: What would you do? Bought a "new" RX-8 & found out dealer replaced engine [rjdjd] by robr2

Sep 05, 2012 (3:58 pm)

Replying to: rjdjd (Sep 04, 2012 9:44 pm)
IMHO, you are going to spend too much energy and get nothing back.
 
It sounds like the car is running fine now. Go buy a new car, trade this one in and move on.

#31 of 35 Re: What would you do? Bought a "new" RX-8 & found out dealer replaced engine [robr2] by thename1000

Sep 06, 2012 (3:18 pm)

Replying to: robr2 (Sep 05, 2012 3:58 pm)
If this is the wrong place for this question, please direct me to the right place
 
I'm looking for a used car and saw this one:
http://greensboro.craigslist.org/cto/3251784131.html
 
Its actually a small dealer:
https://plus.google.com/109635785125972420420/about?hl=en
 
I've found 2-3 bad reviews (including 2 on BBB website which gave it an F rating). That sample size is small, however.
 
So I'm not sure if its dangerous to try to buy a car from here? I'm worried I'll have a mechanic check it out, they won't find much, but later on I'll find out the engine will be just be 'bad' or similar? Should I move on?
 
Thanks!

#32 of 35 Re: What would you do? Bought a "new" RX-8 & found out dealer replaced engine [thename1000] by Kirstie@Edmunds HOST

Sep 07, 2012 (1:17 pm)

Replying to: thename1000 (Sep 06, 2012 3:18 pm)
All used cars are kind of a crapshoot. If you really like the car - and it doesn't appear that it's a common vehicle - I'd definitely take it to a mechanic. It's a $3,000 car, so it won't be perfect in all likelihood, but at that point, you're talking about relying on the mechanic rather than the dealership. It's not likely that the dealership knows a lot about the car's mechanical condition, regardless of what they say.

#33 of 35 13K car financed at 30K by kapitansparrow

Feb 21, 2013 (8:00 am)

Hello,
 
I have a friend who got duped into buying a used car that is worth around 13K with a financing plan that will add up to 30K. Considering how ridiculous the loan is, what are her options? Is this a matter for the small claim court? Should she be contacting a lawyer right away? Should she tell the dealer to renegotiate the contract? I don't know how much money she already put into it, but assuming it's not a lot, should she just stop paying and have them take the car back? Any advice would be much appreciated! Thank you.

#34 of 35 Re: 13K car financed at 30K [kapitansparrow] by Kirstie@Edmunds HOST

Feb 21, 2013 (6:15 pm)

Replying to: kapitansparrow (Feb 21, 2013 8:00 am)
Well, we would really need more details about the transaction to give you advice - specifically, how was she duped? I mean, if, in ignorance, she just overpaid for the car and signed a really bad finance contract, there's not a lot she can do, and no attorney will take the case as there's nothing to recover. Bad judgment does not have any legal recourse available. However, if there's more to the story, people here may be able to offer feedback.

#35 of 35 Re: 13K car financed at 30K [kapitansparrow] by isellhondas

Feb 23, 2013 (3:07 pm)

Replying to: kapitansparrow (Feb 21, 2013 8:00 am)
Yep. not enough info for any of us to venture a guess.
 
She is probably out of luck since the deal has been done.
 
There may be more to this story. She could have horrible credit and/or she may have traded in a car she was badly upside down in.
 
Who knows?
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