Cory Fairbanks Mazda Longwood ripoff, A sale for the books! an UNFAIR practice in Florida involving auto dealers: Breece of Contract Longwood Florida

I trade in my old car for a mazda 3 hatchback 2012 at this dealership and I tild them I cannot take a 400 dolar payment...at all this they got me a deal with my trade in and they got me a payment on the 300's...after a a couple of days they call me asking for more info and that they need me to come in by the dealer...so I went to the dealer and the finance guy ( I forgot his name) told me that the financing bank didn't approve me the interest rate they give me and that they need me to sign some paper and that I'm gonna be paying 411 a month now.....I ask him "there's nothing we can do? I told u since the beginning that I can't pay over 400 dollars a motnh!!! "...and he say that there's nothing he can't do and that I need to sign...since it was the first time of me buying a car I sign the paper and got stuck with the car...at all this I still have both paperworks of the first time and second when they call me to sign...I end up returning the car cause I couldn't pay it and with my credit score on the floor...my sister in law went overthere to get a car and they did the same thing to her.

Somebody need to do something with this people cause all they do is ripping off the people and then the law doesn't help us ......never going againg to cory fairbank mazda and also don't give any kind of recomendation to otheres about this dealer

Are you aware that Overholt brags about being the biggest con in the industry?

He works with attorneys, yes, and makes a massive profit accusing others of the very fraud he committed himself.

He got immunity as he blew the whistle after it was blown on him.

I recently bought my very first new car, but my parents, having had 27 years each of car buying experience, fully educated and prepared me for what I was about to encounter.

My mom warned me that every dealership she has been to tries to have the customer sign an agreement (amid all the other confusing paperwork they are throwing at you) that is a "Conditional Acceptance of the Vehicle." This agreement states that you are taking the car home before any commitment of financing is complete.

If, for any reason, the dealer is not able to obtain the financing for you, you agree to either meet new terms or return the vehicle. This is why you must be diligent in signing legal documents. If they try to rush you (which, of course they will), remind yourself that YOU are the one hurt by entering into a contract that you do not fully understand and take the time necessary to check everything. I made the deal on my car on Monday night and they tried to convince me to take the car home that night.

I conclusively refused, telling them that I would not take the car home until the loan was approved, and if that meant waiting an extra day or two, so be it. They expect the customer to fall in love with the car during that "limbo" period and when called back in, meet whatever new terms are presented in order to avoid the embarassment of turning the vehicle back in.

It happened to my parents when they were young and they ended up with a much higher payment than they could afford. Thank goodness they taught me well. Hopefully you will be on the look out for this in the future, and make sure you teach your children before they fall prey to these common dealership techniques. Good luck! :)

Alisa,

The issue you have described is very common, do not feel singled out. Fact is, its not a "number" for a dealership until a car is bought by a bank. Credit problems can be tricky, there are alot of banks that deal with broken credit, but sometime even these secondary financing companies say no. Alot of cars are sold on a "spot", this gives a dealership a chance to find a bank that will say yes. Rest assured not business is going to let a $20,000 purchase slip from their fingers without a fight. If you were told not to worry its becuause the dealership thought they could get you approved, but they arent the banks that said no. Business is business, why would any dealership let you leave with an unbought car without a bank buying it if they thought they couldnt get it bought, if wrecked it would be there $20,000 loss. Good luck with your shopping.

Alisa....

How's it going with this issue?

Thank you for the Better Business Bureau information. I see your point. I am, however, presently waiting to hear from Local6News regarding this matter. I have also contacted LegalMatch.com and am waiting to hear from them as well. My family and I were victimized by Cory Fairbanks of Longwood. I was honest; they LIED. That's wrong. My next contact will be the state attorney's office. Thanks again for your support.

Alisa:

Fantastic! Please let us all know. There's one more thing I wanted to comment on. In fact, when you contact the media you might want to also point this out...

If you are to rely on consumer information, you need to be able to TRUST the source of that information, right? Perhaps you heard of the "Better" Business Bureau, or BBB. Maybe someone has suggested you contact the BBB in regards to this situation. After all, the predominate impression is the BBB is your friend, they are a consumer watchdog with very sharp teeth and not only that, they have a mediation program where you and the con man (sorry, I mean 'dealer') can duke it out in front of them and the wonderful BBB will render a decision. (How noble!) Let's look at the BBB...

Despite the fact the BBB wants you to think they are affilated with some government (state, federal or local) they are NOT! The word "Bureau" is misleading. (Imagine that, the BBB is misleading you!) If there was no attempt to mislead you, they would choose another name.
For a merchant to become at "member", they must PAY A FEE. These fees are their source of income. The BBB supposedly has a set of standards and their website, in regard to a member, says and I quote, "meet our membership standards". In your case, it is clear this dealership pulled the SPOT DELIVERY SCAM and their advertising includes the DEALER FEE CON-GAME, better known as FRAUD FEE. This dealership IS a BBB member!!! Hold onto your seat Alisa...the BBB gives them (or did they purchase it) a SATISFACTORY rating!!!!! But back to the other "service" this great consumer watchdog "gives" you...mediation. At the mediation table its you, the con-man and the BBB affiliated mediator. Of these entities, who provides income to the BBB??? The con-man, who received the satisfactory rating! Do you think this is a process based on "fairness"???

The bottom line here Alisa, how many people will check out this dealership with the BBB...see the satisfactory rating...read the BS about membership standards...then experience the SAME CRAP you did...the SPOT DELIVERY SCAM and the FRAUD FEE SCAM???? Is the BBB your friend, Alisa?
Can anyone BUY a BBB membership???

Thank you for your response. I WILL be contacting the Attorney General's office; Channel 6 news; as well as Duane Overholt.

Alisa:

I'm sorry you have been victumized by another example of "integrity" in the wonderful car business. Let's hope this experience will be educational and from this you will become a savvy buyer.

You were victumized by the spot delivery scam. The next time, arrange your financing in advance. Even marginal credit can be arranged in advance. But Alisa, there's more...much, much more.

You're right, these practices which separate the slime in the car business from those who know what integrity means should and are outlawed. What if I told you this dealership advertises their lack of integrity? Would you go there to buy a car? Of course not! Lets look at page G7 of the 12-3-05 Orlando Sentinnel and you'll find that advertising. At the top of the ad is "$7000 Minimum Trade". Do you think and old rusted out piece of junk is worth 7k? No. The con-game in this scam is to attract the sucker, chump and doormat who will fall for this crap. If they fall for this, they are an easy mark for any other scam. Sure, the contract may show 7000 for a trade, but they will make it up in other ways. They cannot afford to "give" 7000 for a car worth 200. Secondly, when you last went to a grocery store, was the price of milk what you paid at the register? Of course it was. But lets go back to this dealership's ad...you'll see a 2006 Mazda 6 for $15,999. Go down to the bottom of that same ad and find a fraud fee of 699. They call it a "service handling fee", simply an official sounding name for the dealer fee con-game. Did they stick you for 699 as well??? This con-game works like this: they advertise a price they are NOT selling the car for and then tack on the extra 699. The 699 goes entirely to the dealership as opposed to some other entity, therefore IT IS A PART OF THE COST OF THE CAR! In other words, they advertised a partial cost.
Does that represent integrity in the car business??? The spot delivery scam and fraud fee scam are rampant in the business. You see Alisa, even before you come thru the doors, they are telling you thru their advertising what their M. O. is!

The Florida Attorney General's Office actively investigates these types of scams. They have an Orlando office. Channel 6 TV has been involved in exposing the slime of the car business, contact them. (They told us of the $300,000+++penalties paid by "Mr. Big Volume" Bill Heard. Also contact Duane Overholt (use a search engine to find his site). Duane works with lawyers as an expert witness and may be able to point you in the proper direction.

Don't let this slide. Tell everybody you know about your experience. You might even want to seriously consider picketing this operation with signs warning "SPOT DELIVERY SCAM IN PROGRESS" or how about "THEY USE FRAUD FEES".

Good luck and please DO NOT LET THIS SLIDE!!!!!