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by bombcar 1287 days ago
That’s a relatively minor one compared to what I’ve heard tell of - imagine buying a new car to only realize they gave you one that didn’t match VINs with all your paperwork - because they had two on the lot and you don’t notice u til you go to sel it years later.
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Or trading in a car on good faith that they will pay off the trade in.

But months pass and they don’t pay it off..

Then, after escalating, they pull a fresh payoff amount directly from your bank and pay that.

Leaving the buyer with either:

a) late payment marks on their credit from the old loan not being kept current with monthly payments, or

b) several months of lost monthly payments towards the loan for a vehicle that is no longer in the buyers possession