by National Consumer Law Center .
|The Physical Object|
|Number of Pages||182|
Automobile Fraud: Odometer Tampering, Lemon Laundering, and Concealment of Salvage or Other Adverse History 2nd Edition by Jonathan Sheldon (Author), Carolyn L. Carter (Author), Elizabeth De Armond (Author) & ISBN ISBN Format: Paperback. Automotive Fraud in Missouri is on the Rise. The number of potential automotive fraud cases are many and varied; issues can result from defective vehicles, “as-is” sales, wrongful repossession, “yo-yo” deals, and a host of other car scams practiced by disreputable auto on: S. Fremont, Springfield, Model Law: Safer Cars at the Point of Sale Act, December Book: Automobile Fraud. 3rd ed. National Consumer Law also the Supplement to this book. Used Car Nightmare — Mossy Toyota. Link to video by Consumers for . Punitive damages, rescission, treble damages, $ statutory damages, and attorney fees for failure to disclose a vehicle’s wreck, flood, or salvage history, true odometer reading, prior use, lemon law buyback history, or repaired damage to new cars. Other covered frauds involve vehicle titles and “yo-yo” sales.$/yr - Print + Digital Subscription$/yr - Digital Subscription.
Explore our Bookstore. National Consumer Law Center. Credit & Banking. Fair Credit Reporting. Truth in Lending. Consumer Credit Regulation. Credit Discrimination. Consumer Banking and Payments Law. Consumer Litigation. Collection Actions. Consumer Class Actions. Consumer Arbitration Agreements. Consumer Law Pleadings. For Consumers & Counselors. Automobile insurance is a way to protect yourself and your vehicle in case of an accident. California law also requires that owners and operators of automobiles comply with the financial responsibility laws. It is illegal in California to drive without insurance. This study resulted in the book title "The Trillion Dollar Insurance Crook" by J.E. Smith. In the United Kingdom, the Insurance Fraud Bureau estimates that the loss due to insurance fraud in the United Kingdom is about £ billion ($ billion), causing a . Research shows that when governments take up the cause, they get good results. In , the California Department of Insurance’s Fraud Division, which acts as the primary law enforcement agency responsible for investigating automobile insurance fraud, made arrests, and referred submissions to prosecuting authorities.
Consumer Beware of Automobile Fraud As You Shop for a Vehicle. Remember "blue book" value is an average only -- but actual condition and the local market determines the true fair market value of a vehicle. Be aware of different values for retail, wholesale and average loan amount and know which one of these you are looking at. Auto insurance fraud is a serious problem that drives up premiums and puts lives at risk. At The Personal, we are deeply committed to addressing auto insurance fraud head on, and protecting our clients – and their wallets – from the effects of fraud. Most people have no idea how prevalent automobile dealership fraud really is. Sadly, many experts believe that most dealership fraud goes undiscovered. This is because the dealers are really good at hiding it, and consumers fail to discover it because they 5/5. “It was the best of times, it was the worst of times” –A Tale of Two Cities. Just as the seasonally adjusted annual rate (SAAR) for U.S. new car sales rose to a record high of million at the end of September , Volkswagen reported its first quarterly loss in 15 years, due to costs related to the scandal over emissions testing of its turbodiesel vehicles.