Used Cars Archives - Consumers' Federation of Australia

24 November , 2023

Detours and Roadblocks: CPRC’s Upcoming Faulty Car Webinar

Original text from CPRC’s website (24/11/2023). Date: 27 November 2023Time: 1-2PM AEDTLocation: Online Faulty cars are far too common and disrupt far too many lives. A faulty car is far more than just a daily inconvenience, they can disrupt lives and pose serious challenges for people nationwide when trying to resolve the problem. CPRC’s research…

26 May , 2023

Enforcement Action Taken Against Money3

The Australian Securities and Investments Commission (ASIC) has issued against used car lender Money3, claiming that it failed to adequately train staff on relevant credit laws and did not ensure proper financial checks on the affordability of the loan were made.

28 April , 2021

Losses to car ad scams climbing

Australians have already lost over $288,000 to vehicle scams in the first quarter of this year, more than all losses reported to Scamwatch in 2019, and scammers have now begun impersonating defence personnel to con their victims. This is an ACCC media release, originally published on 27th April, 2021. In a vehicle scam, scammers post fake…

19 August , 2015

“Almost completely worthless” Used car warranties catching out countless Australians

Report finds that fine print in many warranties means it’s very unlikely to get a claim paid out

6 March , 2015

Buying a car? Beware of being sold discretionary risk products

Extended warranties on used vehicles can be designed not to pay out for reasonable claims