Auto scams are #1 source of consumer headaches
for troops stationed in California

Assembly Banking and Finance Committee Hearing
March 11, 2005

Pico Rivera, CA

Military Judge Advocate General (JAG) officers and a representative of the Navy Marine Corps Relief Society testified that, based on their surveys of legal officers on bases across the state, “it was unanimous” that auto sales and service scams are the #1 source of consumer frauds facing troops and their families stationed in California.

The officers noted that common scams involve excessively high-interest loans, sales of so-called “certified” junkers, “yo-yo” financing, and sales of high-priced add-ons of little value, such as extended service contracts and high-cost insurance products, like GAP insurance.

Each of those problems would be addressed by passage of the Car Buyers Bill of Rights initiative, now being qualified for the ballot in the next election. For more information about the initiative,
see: http://www.carconsumers.com/Bill_of_Rights.html