Used Car Scam - Buyer Beware!

**Milly** · 02-01-2009, 10:22 PM

I just found this on another forum and thought I'd share it here for those of you who are contemplating the purchaes of a used car.

http://news.yahoo.com/s/ap/20090201/...defaults/print

I guess only a portion of being frugal is knowing how to spend wisely. The other part is knowing how not to get taken.

Honestly, you gotta' watch your back everywhere these days!

**redeme** · 02-01-2009, 11:32 PM

Wow...I've always paid cash for my cars, but I had no idea that could happen. Thanks for the share. It's good to know.

**Momto2Boyz** · 02-02-2009, 07:10 AM

It's always a good idea to get a peek at the title before buying, even from a dealership! If the lien portion isn't released, or they can't show you the title..then buyer beware!

I would never have thought of this...but I guess it makes sense!

**PrairieRose** · 02-02-2009, 09:37 AM

Not only do you have to worry about the car you buy but if you trade in a not yet paid for car you have to worry about that one as well. Goodness that's scarey. Never have I ever considered that as a possible problem before.

**BlessedMomof2** · 02-02-2009, 01:10 PM

This is good information to know specially since we are car shopping.

**rainbowgc** · 02-02-2009, 01:33 PM

Wow - I can't beleive they are getting away with this - unbelievable!

**StaceyS** · 02-02-2009, 01:39 PM

I bought my truck from a shady dealer. It took him 8 weeks to pay off my other car... My credit union would call me every day to see when he was going to get them a check. He kept saying "I sent it to the California office". My credit union is in Nevada only. When I talked to the CU, I told them who he was and they said "oh, him, we go through this a lot". The CU was nice enough to not ding my credit though...