Back to Mobile View

NY car dealers told to stop misleading Cash For Clunker ads

Posted 3:00PM 08/11/09 Travel
1 Comments Print Text Size A A A
New York Attorney General Andrew Cuomo has issued cease-and-desist orders to nearly 40 auto dealerships in his state, accusing them of misleading and deceptive advertising practices in their advertisements about the Cash For Clunkers program.

What? Car dealers misleading people? What's next? Baseball players using steroids?

Cuomo's office claims that the ads mislead consumers by failing to mention all the specific requirements and complexities of the Cash For Clunkers program.

"This new federal program not only allows consumers to buy new vehicles that they otherwise might not be able to afford, but creates an enormous incentive for people to choose environmentally-sound, fuel-efficient cars," said Cumo in a statement.

"This program could be a boon for both our economy and our environment, as well as provide much-needed financial assistance to consumers. Businesses that fail to advertise honestly and try to take advantage of this federal program will face legal action by my office."

We've seen similar tactics from real estate agents advertising the $8,000 first-time homebuyer tax credit in their listings.

With the Cash for Clunkers program and the First-Time buyer program, here's the thing to remember: It's not the car dealership or agent helping you out. It's the government. Pretty much every new car dealership is participating in the Cash For Clunkers program, so you shouldn't let any dealership convince you to buy from it because of the deal.

And if you want to learn about the Cash For Clunkers program, you should go straight to the source: the Car Allowance Rebates System's Frequently Asked Questions page.

Add a Comment

*0 / 3000 Character Maximum
Newswire

Compare Mortgage Rates

Mortgage Rates by Zillow
Follow Us

Headlines From DailyFinance Partners

CNN Money
CNBC
Smart Money
Consumer Reports
Huffington Post
AOL Energy
AOL Jobs
Business News Personal Finance Investing Our Partners

DailyFinance Sitemap | Terms of Service | Privacy Policy | Trademarks | HELP | Advertise With Us

© Copyright 2012 AOL Inc. All Rights Reserved