How the scam works:
A car dealer might say he is doing you a favor. Instead of having you pay the one-time fees while closing a deal, he will authorize for you to pay them over the life of the lease.
Scam Detectors Most Trusted Websites in Online Security
- Guard.io (100): Protect your digital world on any device – Guardio stops scams and phishing in their tracks.
- Incogni.com (100): Delete your personal data from the internet and protect against scams and identity theft.
- ExpressVPN (100) Stay secure and anonymous online - Best VPN Out There
If you agree to this, your $600 deposit could be $1,200 by the end of the amortization, because of interest rates.
Watch the video below to see more scams pulled by dealers and things to check for when buying a car:
Buying A Car From A Dealership Scams Video
How to avoid:
Try to find a way to pay the small fees the first time…unless you don't mind paying double.

TOP 4 MUST-WATCH FRAUD PREVENTION VIDEOS
1. Top 5 Amazon Scams in 2024 2. Top 5 PayPal Scams in 2024 3. How To Spot a Scam Email in 2024
- Latest Posts by Selma Hrynchuk
-
Compromised Credit Card Scam
- -
Fake Google Chrome Update
- -
Facebook Privacy Notice Hoax
- All Posts