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Is a rip-off common in which the dealer buys a car at auction and sells it then carries the loan changes and terms and when the owner refuses the dealer repos the car and recycles it over again?
Wiki User
∙ 17y ago
I can't say this is common but I have known it to happen. Once a contract is signed--it is not suppose to be changed. Whether it is a fixed rate or an arm--the contract should remain intact. Please read thru the whole contract--boring or not--hard to read or not. Check with the Better Business Bureau on the car dealership before signing. But call now and issue a complaint if you have all the facts--and paperwork in writing. Check with the Attorney General office in your state and see if you can file a complaint. Make sure you have everything documented. Good Luck!!
Wiki User
∙ 17y ago
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