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https://www.autocheatsheet.com/car-dealer-scams/spot-delivery-car-dealer-scam.html
Everything you ever wanted to know about the spot delivery car dealer scam, but didn't know who to ask. Also known in the industry as the "financing fell through scam," "resign documents scam" or "yo-yo financing scam." This dealer tactic is very common and …
https://www.hg.org/legal-articles/buying-a-car-be-aware-of-spot-delivery-scam-36699
The spot delivery scam takes shape when the dealer knows that the buyer will not be approved at the rates that he or she cited and then later contacts the buyer and asks for a cosigner, a higher monthly payment, a higher sales price or a higher interest rate. Problems with Spot DeliveriesAuthor: HG.Org
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.fi-magazine.com/308640/dos-and-donts-of-spot-delivery
Sep 01, 2007 · Let’s take a look at how various states address spot delivery and the use of a spot delivery agreement. ... Think about the last time you had a major customer complaint or the threat of a lawsuit and looked at the documentation in the deal file. Were there missing documents, unsigned documents, improperly executed documents? ...
https://blogs.findlaw.com/common_law/2016/08/how-to-spot-the-spot-delivery-car-sale-scam.html
Aug 15, 2016 · Well, add one more scam to the list. Road & Track magazine refers to it as the "spot delivery" scam or "yo-yo sale" and it is costing unsuspecting car buyers thousands of dollars. On the Spot. Imagine that you have very bad credit and you very badly need a car. (For some of us, this is not a difficult exercise.)Author: Christopher Coble, Esq.
https://www.bizjournals.com/cincinnati/stories/2010/01/18/story9.html
Jan 18, 2010 · A federal judge in Cincinnati has granted class certification in a lawsuit filed against Fairfield Ford. The complaint charges that the dealership’s procedures for “spot delivery” of ...Author: Jon Newberry
https://www.autodealertodaymagazine.com/308589/court-muffs-ohio-spot-delivery-case
Jul 11, 2007 · Court Muffs Ohio Spot Delivery Case. July 11, 2007 • by Tom Hudson. Most courts don’t see Truth in Lending cases very often, so it isn’t unusual that when they do, they manage to drop the ball in deciding them. A federal judge in Ohio, confronted with a garden-variety spot delivery transaction, fell victim to this common tendency to make ...
https://www.fraudguides.com/cars/spot-delivery-scam/
Spot Delivery or Yo Yo Financing is a very common car dealership scam designed to ripoff people with bad credit by convincing them to drive off in cars without finalizing their loans.
https://www.avvo.com/legal-answers/spot-delivery-of-a-automoble-2385.html
Spot delivery of a automoble My wife and I recently went to a dealership in the area to trade in her car. The personnel there assured us before we went there that we were approved. When we got there...
https://apnews.com/63fd498d41a2d0bf1937a8828b4d934b
Jan 03, 2020 · The two doctors who cared for the 30-year-old patient at Hacienda HealthCare also are accused in the lawsuit of failing to spot signs that she was carrying a baby, such as her swollen abdomen. The pregnancy was discovered in December 2018 only after a nurse saw the boy’s head during the surprise delivery.
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