What is the "we lowered your payments" scam?

What is the "we lowered your payments" scam?

James Bell (Publisher, Auto Reviewer) gives expert video advice on: What is the "wrecked used car as is" scam? and more...

The 'we lowered you payments' scam is very simple. Never go back into the car dealer to rewrite a contract that you've already done, unless you're not happy with it - and then take it in on your own accord. If the car dealer calls you up and asks you to redocument and put together a new contract, the only answer is it's going to help him and not you. Don't do it.