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https://www.edmunds.com/car-loan/dont-fall-prey-to-spot-delivery-scams-and-yo-yo-financing.html
The yo-yo ploy is a byproduct of the "spot delivery" process, in which cars are sold "on the spot" before the financing is complete. Depending on where you live, there might be laws to protect ...
http://lemonlawautofraud.com/yo-yo-sale-spot-delivery-fraud-and-conditional-delivery-scams
Yo-Yo Sales, Spot Delivery Fraud and Conditional Delivery Scams are one of the most widespread abuses in the automotive industry. This sophisticated form of fraud applies to both leased and purchased vehicles that are being sold as either new or used and is very difficult for most consumers to recognize that they are being defrauded.
https://www.ftc.gov/sites/default/files/documents/public_comments/public-roundtables-protecting-consumers-sale-and-leasing-motor-vehicles-project-no.p104811-00011%C2%A0/00011-58353.pdf
“SPOT DELIVERY” IS ANTICIPATORY THEFT AND ALWAYS VIOLATES THE TRUTH IN LENDING ACT RAYMOND G. INGALSBE PALM BEACH GARDENS, FLORIDA Yo-Yo/Spot Delivery. The scenario is the same in all so-called spot deliveries, otherwise called yo-yo transactions. The consumer visits an auto dealer, takes a test drive, signs a creditFile Size: 105KB
https://www.theconsumerlawgroup.com/library/consumer-law-beware-of-the-spot-delivery-technique.cfm
Beware of the "Spot Delivery" Technique, a High-Pressure Sales Tactic Used by Car Dealers. The "spot delivery" is a technique that car dealers use to get you to take delivery of a vehicle immediately after you agree on a car deal. But be warned: Just because you put down cash and roll away from the dealership with a new vehicle doesn’t mean ...Location: 1508 Willow Lawn Drive, #220, Richmond, 23230, VA
https://www.lemonlaw.com/spotdelivery.html
Spot Delivery happens to unsuspecting consumers throughout the United States. It is very popular with dealers in Pennsylvania, New Jersey, and Delaware. If you find yourself in this situation, the chances are good that you have legal remedies available to right this wrong. How to Protect Yourself from Spot Delivery or Dealer FraudEmployees: 100-500
https://www.autocheatsheet.com/car-dealer-scams/spot-delivery-car-dealer-scam.html
A spot delivery is when a car dealer does not officially have a customer approved for a car loan. The dealer will have the customer sign all the paperwork and take delivery of the car. This leads the customer to believe their loan has been approved and the car deal is complete.
https://www.fi-magazine.com/308640/dos-and-donts-of-spot-delivery
Sep 01, 2007 · The first order of business is to know your state law. Let’s take a look at how various states address spot delivery and the use of a spot delivery agreement. In conjunction with its retail contract single document rule, California is very specific regarding its position on spot delivery.
https://www.expertlaw.com/forums/showthread.php?t=146479
Aug 29, 2012 · California Spot Delivery Scam My question involves a consumer law issue in the State of: California I went to a dealership pre-approved by a credit union. They said they could match the rate and everything was peachy.
https://answers.yahoo.com/question/index?qid=20090103102204AA84lwL
Jan 02, 2009 · Spot delivery in California? ... Since the law office is close on the weekend. I called around to other dealership see if its illegal for spot delivery. Other dealers stated they have 10 days to find a lender or ask for the car back. well, tomorrow will be the 10th days. ... Does Arkansas have lemon laws …
http://gvo3.com/archive1/Dos_and_Donts_of_Spot_Delivery.pdf
Let’s take a look at how various states address spot delivery and the use of a spot delivery agreement. In conjunction with its retail contract single document rule, California is very specific regarding its position on spot delivery. On the face of the “CA LAW 553 Retail In-stallment Sales Contract,” there is …
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