Quote:
Originally Posted by nerdogray
That's so blatantly predatory... and on people that can't easily defend themselves. It boggles my mind how these kinds of things can continue to exist, especially even after the publicity. Is it all the lobbying or what?
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Not that I'd be in the situation for this to be tried on me, but if it were, I would totally crash the car as soon as I got that phone call telling me to come back. The dealership would be on the hook. I read that in this scenario, an insurance provider is not obligated to pay the claim. It’s not until the transaction is fully funded by the bank that the insurance kicks in.