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Spot delivery - Wikipedia

Spot delivery (or spot financing) is a term used in the automobile industry that means delivering a vehicle to a buyer prior to financing on the vehicle being completed. Spot delivery is used by dealerships on the weekend or after bank hours to be able to deliver a vehicle when a final approval cannot be received from a bank.

SPOT DELIVERY | definition in the Cambridge English Dictionary

spot delivery meaning: 1. a situation in which commodities are sold to be given to the buyer immediately, rather than being sold forward (= to be taken by the buyer on a future date) 2. a situation in which a product such as a car is paid for and taken by the customer immediately, rather than in the…. Learn more.

Spot Delivery | Spot Financing | Automobile Dealership

Spot Delivery happens to unsuspecting consumers throughout the United States. It is very popular with dealers in Pennsylvania, New Jersey, and Delaware. If you find yourself in this situation, the chances are good that you have legal remedies available to right this wrong. How to Protect Yourself from Spot Delivery or Dealer Fraud

Don't Fall Prey to Spot Delivery Scams and Yo-Yo - Edmunds

A practice called "spot delivery" sometimes pulls new car buyers back into dealerships to pay higher interest rates and bigger down payments on what they thought were done deals.

Spot Delivery Puts the Dealer in the Driver's Seat

Dealer industry reps say that spot delivery problems are rare, and that the issues that do come up usually could have been avoided if consumers took the message of the conditional sales rider to


Yo-Yo/Spot Delivery. The scenario is the same in all so-called spot deliveries, otherwise called yo-yo transactions. The consumer visits an auto dealer, takes a test drive, signs a credit application, is told her credit is marginal, then signs up to twenty documents prepared by the dealer. /00043-80228.pdf

Spot contract - Wikipedia

In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after the trade date. The settlement price (or rate) is called spot price (or spot rate).

Spot Delivery Scam, Car Dealer Scams, What to Watch For

The Spot Delivery Scam. Coincidentally, just yesterday, I witnessed the spot delivery scam in it's purest and most deceptive form. My dealership will periodically have Liquidation Car Sales Events that are staffed by an out of town sales crew (please follow the link to see how I feel about these events) and we are right in the middle of one now.

Spot Delivery Car Dealer Scam Exposed |

Everything you ever wanted to know about the spot delivery car dealer scam, but didn't know who to ask. Also known in the industry as the "financing fell through scam," "resign documents scam" or "yo-yo financing scam." This dealer tactic is very common and widely used in dealerships today.

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