Shady car dealerships are infamous for car financing scams and this week, The Wall Street Journal talked about an old auto dealer rip off that is now a growing trend. In today’s video, we’re discussing these crazy dealership scams and much-needed car buying tips so you don’t end up like the people in the WSJ article.

 

Read the article from The Wall Street Journal here:

https://www.wsj.com/articles/dealerships-give-car-buyers-some-advice-just-stop-paying-your-loan-11581762601

 

Found a car financing scam while buying a car from a dealer, report the dealership to the Federal Trade Commission (FTC) and the Attorney General of your state through the National Association of Attorney’s General:

https://www.ftccomplaintassistant.gov

https://www.naag.org

 

Budget like an expert so you can save for your next car (and pay in cash) by downloading the BEGINNER BUDGET CHECKLIST here:

https://selahfc.lpages.co/beginner-budget-checklist

 

Get more tips and strategies on creating a stellar budget here:

https://www.tianabclewis.com/learn-to-budget