Car4Less.com Car Buying Guide Home New Car Quotes Auto Financing Auto Auctions Car Articles Welcome to the best online car buying guide! Let us find you best car deal by getting you free car quotes from the top dealers! Car Buying Online Car Dealer Scams Car dealer scams - Car dealerships have many ways to scam a buyer, let’s look at the top scams that dealerships pull on you. The Top Car Dealer Scams 1. The VIN# window etching scam Basically a dealer will charge you $300-$900 for window etching and they will tell you that you have to pay the money to get the loan because the banks insists on it. Some dealers might tell you that the etching is free but will add on the etch money to your monthly payments to make up for it. The best way to avoid this scam is to force the dealer to put it in writing if they say that the etching is free or simply etch the car yourself. 2. The Financing Scam We mentioned this before already, but here it is in more detail. After a week or two passes you get the call from him that you didn’t qualify for the interest rates that they gave you upon making the deal. Basically you trade in your old car and the finance manager tells you that your interest rate is good and then gives you the car. Every new purchase has a clause in the contract that usually states that the deal is “subject to loan approval.” This gives the finance manager a loop hole in getting more money out of you. All that this means in the contract is that the deal is not finished yet even you already have possession of the car and have signed the contract. The dealer can then charge you $1000 more in finance fees and up your monthly payments by $50. This scam is generally pulled on people with bad credit because it is more plausible. If you are wondering why they would sell you the car at 6% APR if they knew you had bad credit (remember they ran the credit search already) the answer is simple; to sell the car. You can avoid this scam by not financing the car with the dealer if you know that you have bad credit. You are better off financing the car yourself. When you buy a new car the deal should be made on the price of the car, not on the monthly payments. 3. The Credit Score Scam This scam is ridiculous at best. This is when the finance manager tells you that your credit score is lower than it really is so that they can get you for higher interest rates. This scam is pulled on everyone; good or bad credit. This scam is easy to avoid. Just get your own copy of your credit report and bring it with you. You can find out how to get a copy of your credit information online at free credit report, click here http://www.mortgagequotezone.com/free-credit-report.html It is really difficult to lie to you about your credit score if you have your own copy of it. If your paper and theirs doesn’t say the same thing, go somewhere else because that dealership is lying to you. Buying Your New Car Think about what car model and options you want and how much you’re willing to spend. Do some research for car pricing information by getting free new car price quotes. You’ll be less likely to feel pressured into making a hasty or expensive decision and more likely to get a better deal. We help find the car online that is just right for you! Financing Your New Car Facts: If you decide to finance your car, be aware that the financing obtained by the dealer, even if the dealer contacts lenders on your behalf, may not be the best deal you can get. Apply for free car loan quotes online and compare the financing they offer you with the financing the dealer offers you. Because offers vary, shop around for the best deal, comparing the annual percentage rate (APR) and the length of the loan.