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Lease One-time Payment

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.

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.




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