Dealers stick it to car buyers

AP Photo by Paul Thomas

The Milwaukee Journal Sentinel recently reported that the Wisconsin Division of Motor Vehicles received about 450 complaints in 2008 of used vehicle dealers failing to turn over titles to buyers after a car is purchased.  That number is nearly double those reported in 2007.

Another major complaint is from car buyers who unknowingly get stuck with debt. Dealers are failing to pay off loans on trade-ins and selling vehicles with existing liens.

Experts attribute the increase in complaints to vehicle dealers strapped for cash because of the economy.

Check out the full story here.

Categorized under:

Thank you for joining our conversation on WatchDog. We encourage your discussion but ask that you stay within the bounds of our commenting and posting policy.

Comments

No comments yet.

Leave a comment

(required)

(required)


*