Archive: May, 2012

Federal Judge Rules: Car Dealers Must Tell Buyers About Credit History / High Interest Rate Car Loans

Posted on 05/25/12 by Dana Manner
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Washington, D.C. – U.S. District Judge Ellen Huvelle ruled in her opinion that car dealers that charge high interest rates to buyers based upon negative credit information in their credit report, must give notice to the buyers under Fair and Accurate Credit Transactions Act of 2003 (FACTA). The practice of offering higher rate loans to […]

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Spot Delivery aka “Yo-Yo” Sale – Florida Car Buyers Beware

Posted on 05/19/12 by Dana Manner
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In a spot delivery, the car dealer enters into a contract to sell you the car, and to finance it according to certain terms and conditions, only to later claim that they were unable to assign the contract to another finance company, but want you to come back (i.e. the car dealer pulls you back […]

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Dodge Journey Vehicles Bought-Back Under Florida Lemon Law

Posted on 05/19/12 by Dana Manner
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In Florida, there have been 45 Dodge Journey vehicles bought-back under the Florida Lemon Law program as of 5/19/2012. See the listing of Dodge Journey VINs that have had their certificate of title branded as “Manufacturer Buyback” a/k/a “Lemon” under Florida law. Source: http://www.myfloridalegal.com/ The Dodge Journey seems to have a variety of defects, most […]

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Lee County Florida Father and Son Arrested for Illegal “Odometer Services” at Used Car Auction

Posted on 05/16/12 by Dana Manner
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Douglas Craig (42 years old) and his son Austin Craig (18 years old) were arrested in Lee County, Florida on April 17, 2012 for allegedly tampering with the odometer of a car during a sting operation set up by the Auto Theft Unit of the Lee County Sheriff’s Office. In a recent story run by NBC […]

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Convicted Florida Dealer Allowed Back in the Business? – Marc Plotnick

Posted on 05/16/12 by Dana Manner
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Marc Plotnick, former owner of Plotty’s Discount Motors in Stuart, Florida was facing a potential sentence of 140 years of jail time on odometer fraud and other felony charges.  On April 29, 2010 the former used car dealer received an 8 month jail sentence, a year of house arrest and three years of probation, and as a special condition […]

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Florida Used Car Dealer Guilty of Odometer Fraud – Slap on the Wrist?

Posted on 05/16/12 by Dana Manner
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According to a story run in the Ft. Lauderdale Sun Sentinel a Florida used car dealer thought to have rolled-back odometers on perhaps a hundred cars, pleaded no contest to odometer fraud charges involving 13 cars, and fraud and other charges, a couple of years ago (April 29, 2010). Marc Plotnick, former owner of Plotty’s Discount Motors […]

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Tallahassee Florida Used Car Dealer Arrested

Posted on 05/16/12 by Dana Manner
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According to a story run by WCTV a Tallahassee used car dealer, Rodney Davis, is accused of pocketing more than $60,000 in sales tax. Davis was arrested, according to the Florida Department of Revnue. Davis used to own Victory Motors located at 2523 West Tennessee Street in Tallahassee, Florida. The DOR says Davis failed to turn over sales tax he collected from […]

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