Car Dealer Scams: Paying Cash for New Car? Patriot Act Scam

Описание: In this video we warn you all about how to avoid the Patriot Act Scam from crooked car dealers when you are buying a new car. If you plan to pay cash for a car, you need to s have this information to thwart off all the car dealer scams they will trick you with.

Visit us on CarBuyinGtips.com for free consumer advocate car buying guides:
https://www.carbuyingtips.com/article...

Link to the US Patriot Act PDF File: https://www.govinfo.gov/content/pkg/P...

Often times when new car buyers like you try paying cash for a car, the car dealer gets upset because they lose out on profitable financing of your new car purchase. So they car dealers scam you with the Patriot Act Scam which we coined back in 2001 to address the numerous complaints we received from car buyers. The car salesman at the dealership tells you that due to the regulations required under the US Patriot Act, anyone paying cash or check for a car is required to fill out a credit application, and pass a credit check.

This car dealer scam is a trick to ge tyou to unkwittingly sign upfor their car loan. Some of these crooked car dealers were so arrogant they actually let buyers wal out of the deal, refusing to sell them the car unless the victims relented and signed the credit application. This was one of our Top 10 Car dealer Scams for many years, one of the most common dealer scams when buying a car