Tag Archives: dealers

Our view on consumer protection: Put brakes on auto dealers’ bid for special treatment

Our view on consumer protection: Put brakes on auto dealers’ bid for special treatment Exemptions for powerful pleaders undermine financial reform bill. Read more on USA Today

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Do auto dealers really install immobilization computer chips to enable easier repossession?

I was told by a dealer that his firm installed a chip in the car I wanted to purchase. He also said that if the payment was ever considered two days late, that the lender could remotely disable the car and find it via GPS. He finished by saying that repossession action would start immediately. [...]

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