According to the Federal Trade Commission, agency Sending refunds totaling approximately $1.5 million to individuals affected by alleged illegal financing and sales practices by Bronx Honda.
According to the Federal Trade Commission, Bronx Honda and its general manager have required sales staff to charge higher financing and fees to African American and Hispanic customers. Defendants told employees that these groups should be targeted because of their limited education, and not to attempt the same practices with non-Hispanic white consumers.
The FTC further alleged that Bronx Honda failed to honor advertised selling prices, changed the selling price on paperwork mid-sale without telling the consumer, charged consumers double the taxes and fees, and misrepresented consumers that they were required to pay. Additional renewal and warranty fees for purchasing “approved” cars.
The FTC is providing refunds, averaging $371 each, to 3,977 victims of Bronx Honda’s practices. Those receiving checks must deposit or cash their checks within 60 days, as indicated on the check. The FTC never asks people to pay money or provide account information to cash a redemption check.
Recipients who have questions about refunds, or consumers who funded a Bronx Honda vehicle purchase in 2016 through 2018 and have not previously requested a refund, should contact the JND Legal Department at 888-921-0727.”
Unfortunately, such practices are very common at car dealerships across the country. How can you avoid giving your business to a crooked car dealer who rips people off, based on their race?
If you are looking for a new car, your options are very limited. This is because corrupt legislators have given car dealers a special monopoly on new car sales, isolating them from competition and dramatically increasing prices and harmful practices. Almost the only exception is Tesla, and car dealers have been fighting against Tesla for years, in many states, to prevent them from being allowed to sell new cars without the car dealers committing a crime.
‘Adam Ruins Everything’ criticizes car dealer’s monopolyThe real reason car dealerships are the worst It has been viewed more than 7 million times on YouTube.
But if you are looking for a used car, you have the option of buying a car directly from another consumer, eliminating the middleman, saving money, and reducing the risk of being cheated by a professional fraudster.
You still need to be careful, but if you do your research, find your financing up front, and insist on a thorough check, you can get a great deal on a safe and reliable used car purchase. paying off car tips About how to avoid scams and traps from car dealers.