Readiness is the best defense against used vehicle fraud

Description

Abstract: Many dealers mistakenly think used vehicle scams happen only to other dealerships — until it happens to them. Readiness is the first and best line of defense against fraud. And it starts with knowing what scams are currently in vogue. This article describes some of today’s hottest used vehicle swindles: misrepresented vehicle history and condition, falsified loan requirements and documentation, and excessive administrative fees.