FTC SENDS REFUNDS TO VICTIMS OF BRONX HONDA’S ILLEGAL LENDING AND SALES PRACTICES
The FTC is sending a second round of checks to 3,376 people who bought a car from Bronx Honda and were affected by the company’s unlawful and discriminatory practices.
According to the FTC, Bronx Honda and its general manager told sales people to charge higher financing markups and fees to African-American and Hispanic customers. Bronx Honda also failed to honor advertised sale prices, changed the sales price on paperwork in the middle of the sale without telling the customer, double-charged taxes and fees, and charged unnecessary fees to purchase “certified pre-owned” cars.
The FTC first sent checks in November 2020, which resulted in $1.2 million in refunds. Because there is still money in the fund, the FTC is sending a second round of checks totaling nearly $200,000 to people who cashed their first check.
If you get a check, please cash it within 90 days.
You can find answers to common questions about refund payments on our FAQ page. If you have any other questions, please call the refund administrator at 1-888-921-0727.