Thursday, March 26, 2015
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Lost & Found


VideoLost! Red female dog, named Mellie. Corgi build, stocky, short legs. Creekwood or Eagle Creek Ranch. Please call Christy 501-442-1812 or Kevin 210-577-8364 anytime! We miss our girl so much!
Found: Small female Dachshund in the area of CR 319 and CR 307, La Vernia. Call to identify, 210-323-9085.
FOUND SHEEP,black. on CR 427 & Hwy 123 Pls call to claim 210-862-1220
More Lost & Found ads ›

Help Wanted

F&W Electrical is now hiring journeyman, backhoe operators, and laborers. Apply at 6880 U.S. Hwy. 181 N., Floresville, Monday-Friday, 8-5. 830-393-0083. EOE.
Himmel Home Health is hiring full-time or part-time, RN and LVN to conduct private duty nursing and skilled nursing visits with children ages birth through 20 years of age. Current openings include: days/nights in San Antonio/Elmendorf, TX; RN or LVN license through the Texas Board of Nursing required. Send resume to careers@himmelhomehealth.com.
More Help Wanted ads ›

Featured Videos





Video Vault ›
TNMCRichardson Chevrolet homeRE/MAX home

Consumer Updates


Avoid being “yo-yoed” back to the dealership after purchasing a car




E-Mail this Story to a Friend
Print this Story

Disclaimer:
The author of this entry is responsible for this content, which is not edited by the Wilson County News or wilsoncountynews.com.
January 3, 2012 | 2,855 views | Post a comment

Tips to secure your new car purchase

AUSTIN, Texas -- A new car buying practice, dubbed “yo-yoing,” is being scrutinized by car buyers and consumer advocacy groups across the nation.

“Yo-yoing” happens when a consumer drives a new car off the lot, only to find out later that the auto dealer was unable to secure financing. The auto dealer then offers to sell the consumer a different car or raises the interest rate. Sometimes, the dealer simply repossesses the original car and keeps the down payment, claiming it goes towards the mileage the customer placed on the car.

Furthermore, the dealership may refuse to return the vehicle the consumer traded-in at the time of purchase, claiming it has been auctioned off or sold.

“It’s been a huge problem all over the country,” said Rosemary Shahan, president of Consumers for Auto Reliability and Safety, an advocacy group in California. “You can have good credit and still get yo-yoed.”

The Center for Responsible Lending shows that one in eight car buyers making less than $40,000 have experienced a yo-yo deal. For those making less than $25,000, the incident rate rises to one in four.

Follow these tips from your Better Business Bureau to avoid being yo-yoed:

· Start with trust. Research auto dealers at bbb.org to assure you are working with a reliable, trustworthy company. The BBB Business Review will provide background information and complaint statistics.

· Consider financing through a bank or credit union. You don’t have to get your loan through the car dealership. Go directly to a bank or credit union and line up financing before you buy the car to avoid having to go through the dealership.

· Don’t leave the dealership until financing is approved. In most cases, it doesn’t take very long for a loan to be approved. Wait until you have been given confirmation that your loan is approved before signing off on any paperwork or leaving with your new car. If you’re shopping for a car during a time banks are closed, come back on a different day to finalize your purchase.

· Understand what you’re signing. Read through all paperwork and make sure you understand and agree with what you’re signing. If anything is unclear or you don’t agree with the terms of the contract, do not sign anything.

To check the reliability of a company and find trustworthy businesses, visit bbb.org.

About Better Business Bureau:
BBB's mission is to be the leader in advancing marketplace trust. BBB accomplishes this mission by creating a community of trustworthy businesses, setting standards for marketplace trust, encouraging and supporting best practices, celebrating marketplace role models and denouncing substandard marketplace behavior.

Businesses that earn BBB Accreditation contractually agree and adhere to the organization's high standards of ethical business behavior. BBB is the preeminent resource to turn to for objective, unbiased information on businesses and charities.

Contact BBB serving Central, Coastal, Southwest Texas and the Permian Basin at (512) 445-4748.
 
‹ Previous Blog Entry
 

Your Opinions and Comments


Be the first to comment on this story!


You must be logged in to post a comment.




Not a subscriber?
Subscriber, but no password?
Forgot password?

Consumer Updates Archives


John D. Foster home
WCN
Sherwood Surveying
Pursch Motors
Caraway Ford
Pat Brown Realtors, Inc. home
DDS Dentures & Dental Services Right-side banner
Abrego Lake
Drama Kids
Floresville EDC
Hoelschers home
Wilson's Auto Chooser
HEB -Manufacturing Right-side w/link, home page group
WCN border security forum video 2014
Thinkport-Exede Right-side w/link, home page group
LV Foundation for the Arts music fest
Chester WilsonAllstate & McBride RealtyTriple R DC ExpertsVoncille Bielefeld homeSacred Heart SchoolHeavenly Touch home

  Copyright © 2007-2015 Wilson County News. All rights reserved. Web development by Drewa Designs.