Mandatory Arbitration or Conflict Resolution
After everything else has been discussed and agreed to, the sales person asks you to sign a Dispute Resolution or Conflict Resolution agreement. The sales person tells you it just says that if a problem occurs, you agree to settle through arbitration and not take the car dealer to court.
Although arbitration may be a reasonable option, the fine print is where the problems lie. The agreement may well say that the car dealer chooses the arbiter and/or that you pay the whole arbitration fee (irrespective of who wins) and/or that you cannot appeal the decision but the car dealer can. It also often includes a clause that you cannot participate in any class-action lawsuits against the dealership " no matter what they do!
So, make sure you read any arbitration agreements before you sign them to make sure they are fair, and show them to your attorney.
In fact, we recommend that you ask the car dealer whether or not they require an arbitration agreement before you look at any cars. If they do require a dispute resolution agreement, remember to check out the fine print first, and if it has the provisions weve just described, shop elsewhere.
A lot of filthy car dealerships require these agreements because theyd get sued frequently without them.
Many people buy cars at this time of year. For more advice on how not to become a dealer fraud victim, check out some of our other articles.
Mandatory Arbitration or Conflict Resolution
***Note This page is an Archieve of Publicly released information either through our company or another Press Release organization. We do not "fact check", "Support", nor "Dispute" any of the information provided to us. We are a distribution point and Historical press release research and search service. This information only represents the fact that at one point in time the release was distributed to 1000's of publications both online and off. PRNewsNow will not take sides in any personal or commercial disputes you have with the writer of this press release. We will defend its right to exist blindly and without regards to its political, commercial or personal implications.***
