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Long Island City Volkswagen Same Owners as the previous Specialize in Illegal Straw Purchases Woodside New York
Beware of their Straw Purchase scam. They got my dad, a senior citizen to purchase a car for a "friend." My father is an elderly man who sat in the dealership across the table from a sales representative that broke the law. The sales representative and "financial manager" at the dealership were supposed to put both my dad and his acquaintance on the loan as signer and co-signer. However, after the papers were signed my dad was the only person on the loan as the signer. One of the dealership representatives took my dad on a car ride for approximately 30 minutes to another location to who they called their "loan guy" to have the loan approved.
The car was worth approximately $27,000 at the time of purchase, but they got a loan approved for $43,000. This is above the maximum amount that a bank would normally loan against a car's value. I have been on the phone with several of their "Finance Managers." However, none of them seem to know who their "loan guy" is. In fact, when they looked at the contract they told me that they do not know whose signature is on the contract. I first spoke with Adam who claims that he is a finance manager. Adam then had Dan call me, who said that he works in the finance department. Dan then had me speak with Nate who claims to be another Finance Manager. Nate had someone by the name of Dolce call me who also claims that he is a finance manager. None of them agreed that my dad was driven to a different person for the loan, but none of them could identify who signed the loan on their end.
A straw purchase is when a dealership sells a car to one person in another person's name, while the person that is "buying" and driving the car is not on the actual paper work. This means that the person on the paper work becomes liable for the car while the "buyer" has no liability for a defaulted or overpriced loan.
I have records of these representatives agreeing that it is a straw purchase but pointing the paper work to say that there isn't proof. They told me that they do not and will not tell me who approved the loan on their end, even if they do find out who it is. I was told that they will not help because the owner is an "old guy who has patience for nothing" and will just throw my request for assistance in the garbage or will hold up any legal proceedings for years.
I was not asking for much- only to assist with the situation and take some financial responsibility, considering they have already admitted that it is a straw purchase that was done. I guess the "old" owner doesn't care for the customers that got him where he is now, and doesn't mind an elderly man was taken advantage of...