Public Roundtables: Protecting Consumers in the Sale and Leasing of Motor Vehicles, Project No. P104811 #00057

Submission Number:
00057
Commenter:
Emmett Robinson
Organization:
Law Office of E. F. Robinson
State:
Virginia
Initiative Name:
Public Roundtables: Protecting Consumers in the Sale and Leasing of Motor Vehicles, Project No. P104811

A serious problem facing consumers in the auto industry is the default on extended service contracts. This issue is becoming more prominent as ESCs are being offered directly to the public. Reneging on ESCs is easy and force consumers to hire attorneys. In most cases they are reluctant to do so because of the expenses involved. Probably the most serious problem has to do with consumers signing arbitration agreements without understanding or even knowing that they are doing so.