A Form of Car Sales Fraud Curbstoning
Curbstoning in the practice of auto dealers pretending to be private sellers when selling their cars. Used car dealers engaged in this practice as a way to sell cars of substandard quality to unsuspecting buyers. Perhaps there is a street or parking lot near your residence where there are several cars up for sale. Many of these cars are placed in public view by “curbstoners.” Hence the name because they park the cars along the curb. Many of these curbstoned vehicles may very well be lemons or junk cars that car dealers could not sell on their lots to make a decent profit.
Crooked car dealers use this technique as a way to go around state laws regarding the sale of cars. States have enacted legislation that puts a cap on how many cars a private individual may buy and sell in a given period of time without having to be a licensed auto dealer. Licensed car dealers have requirements that they have to meet in order to stay in business. Curbstoners do not.
A Form of Car Sales Fraud Curbstoning
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