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Report: #1523924

Complaint Review: American Credit Acceptance - Spartanburg South Carolina

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  • Reported By: Mason — Delaware United States
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  • American Credit Acceptance 961 E Main St Spartanburg, South Carolina United States

American Credit Acceptance Tony Manwarren, Jeff McSwain, Mark Carswell, Carley Higareda, Karisha Sharp, Manheim Tony Manwarren, Jeff McSwain, Mark Carswell, Carley Higareda, Karisha Sharp Fraudulently clearing engine codes on remarketing cars Spartanburg South Carolina

*Consumer Comment: MANIPULATION POEM

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American Credit Acceptance is clearing engine codes before sending cars to auction. Clearing engine codes before a sale is generally considered to be unethical when it comes to remarketing repossessed cars. By clearing engine codes, the bank would be hiding or covering up issues with the vehicle that the buyer should be aware of. This is not to say that it is illegal, but it is considered to be dishonest and is frowned upon by professional sellers.

When a vehicle is sold, the seller is typically required to disclose any known issues or problems with the vehicle. Clearing engine codes before a sale is a way of hiding such issues, which can lead to the buyer purchasing a vehicle that is in worse condition than they were led to believe. This can lead to problems down the road for the buyer, and can also lead to a loss of trust in the seller.

It's important to note that if a seller is found to have cleared engine codes before a sale, the buyer may have legal recourse to seek damages or compensation. Furthermore, the bank may also be in violation of any industry standards and regulations, which could lead to penalties.

It is advisable for the bank to disclose any known issues with the vehicle to the potential buyers, so that they can make an informed decision about the purchase. Being transparent about the condition of the vehicles being sold is the most ethical way for the bank to conduct their remarketing process.

This report was posted on Ripoff Report on 01/14/2023 07:52 AM and is a permanent record located here: The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment


AUTHOR: Karl - (United States)

POSTED: Tuesday, January 17, 2023

Is available at this site. Just type in 502469 and it appears in Consumer Comment #20 at Ripoff Report #502469.

Thank you for sharing your Ripoff Report with everyone. Feel free to email a copy of your Ripoff Report to your Attorney General immediately. Also mail copies to all of your Local TV News Stations and put it to the attention of “Investigative Reporter”.

Good luck to you!

GOVERNMENT ALERT: All Americans are strongly urged to type in 472051 at this site and read Ripoff Report #472051 and all of the consumer comments for extremely important information.

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