Law and Rights
Ford loses $2 Billion Judgment - sued by its dealers
Ford, which argues long and hard over having to buy back a lemon car, and then nickels and dimes its customers over every penning of the refund, just lost big time in a case where it was sued by a group of its dealers.
A $2 Billion judgment was just granted against Ford Motor Company in a class action case filed by a group of their truck dealers who found out that Ford was cheating them on truck prices.
And the Ford dealers, who have long said that they need a mandatory arbitration in their consumer contracts so that consumers can't sue them (the dealers), have a special law that allows them to sue manufacturers like Ford and it is illegal for manufacturers to put binding arbitration in their dealer contracts. But you? The dealer would just as soon stick it to you, folks.
$2 Billion. Well, folks, now you know what a binding arbitration clause is worth. It's what keeps a consumer from being able to do anything about it when a car dealer rips them off. But Ford couldn't use a binding arbitration clause to keep from getting sued when they ripped off their dealers - so the dealers were able to go to court and prove their case and win.
But you? Car dealers don't want you to get into the court house door and they will do anything to stop you - including slipping into your contract paperwork a binding arbitration clause.
So what can you do when a car dealer tries to slip an arbitration clause into your deal? Don't sign it. Take that ink pen and put a great big "X" over it.
How bad and one-sided is binding arbitration?
Well, if you sign the paperwork to buy the car and it's in there, and on your way out to the car to drive home, the salesman comes out after you with a baseball bat and beats you up - you can't take them to court. The public won't find out about it because arbitration is a secret non-public process where the company that the car dealer hired (and pays regularly for its arbitration "decision") will have you come in and tell your side of the story and then they will listen to the car dealer and its people tell their side. Then it will make a decision on what they think should happen and mail it to you later.
All of your legal rights will be decided quietly and privately by an "arbitrator" who gets paid by the dealer to make the decision on what the dealer should have to do for you. Who's side do you think the arbitrator will be on when you say that the sales person lied to you?
It's why we say arbitration sucks and you can find out more at www.ArbitrationSucks.com. You can change it by writing or calling your US representative and telling them that you want them to support Frankel's bill to ban arbitration, called the Arbitration Fairness Act.
You shouldn't have to give up your right to protect yourself - just to buy a car to get to work.
Burdge Law Office
Helping consumers protect themselves everyday.
- Arbitration Still Sucks - And It Sucks More Often
Good looks can be deceiving.In a recent case a consumer complained to us that they had bought a late model Chevrolet Impala that looked and ran great, right up to when it didn't just a few months after they bought it. Then a knocking noise started...
- Are You More Loyal To Your Car Brand Than Your Hyundai-owning Neighbor? Data Shows They Are More Loyal Than Anyone
When Hyundai shipped their cars to the US for the first time, they hoped folks would come to like them. Well, it may have taken a while to get there, but there they are. New data on sales and service is reported to show that Hyundai owners are more loyal...
- Is Arbitration Fair? Can I Sue Naf? Is Arbitration A Ripoff?
We've talked before about how forced arbitration sucks and now it appears that maybe, but only maybe, someone is doing something about it. The Center for Responsible Lending is reporting that Minnesota's attorney general may have scored a victory...
- America's Worst Warranty
Don't buy a new Hyundai. That's our advice. That new Hyundai comes with an ugly surprise buried away in the fine print of your glove box manuals. If you buy their new car, you give up your Constitutional rights. No kidding! If your new Hyundai...
- Get Back Your Rights
Is justice coming back? Maybe, just maybe ... For years now, dishonest businesses have gradually been sneaking little clauses onto the back of consumer sales contracts and finance contracts, or in small print hidden in credit card bill inserts and other...
Law and Rights