Forbes Quotes Burdge

In a recent article, Forbes website ran an article called "10 Ways to Outwit a Car Dealer" and quoted Lemon Law attorney Ron Burdge discussing the secret ways car dealers make money off customers, including "Dealer Reserve."

That's a practice many banks and other lenders have used for years to basically bribe car dealers to send consumer loans to them by giving them a kickback that is based on the amount of the interest rate that the dealer puts in the finance contract.

"Most people don't realize it but the interest rate on that loan the dealer sets up for you is usually a number that the dealer itself picks out and often it is based on how much of a kickback they can get from the bank," says Burdge.

The Forbes article is full of other car dealer slang terms, many quoted from Ron Burdge's Car Dealer Dictionary found online by clicking here. It makes for interesting reading!

Don't let a car dealer rip you off ... and if you already has, then call us, 1-888-331-6422 Toll Free. Sueing dishonest car dealers and lemon manufacturers is what we do. Every day.

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Known nationwide as a leading Lemon Law attorney, Ronald L. Burdge has represented literally thousands of consumers in "lemon" lawsuits and actively co-counsels and coaches other Consumer Law attorneys. From 2005 through 2018, attorney Ronald L. Burdge has been named as the only Lemon Law Ohio Super Lawyer by Law and Politics magazine and Thomson Reuters Corp., Professional Division. Burdge restricts his practice to Lemon Law and Consumer Law cases. The Ohio Super Lawyer results are published annually in the January issue of Cincinnati Magazine. Ronald L. Burdge was named Consumer Law Trial Lawyer of the Year 2004 by the National Association of Consumer Advocates, the nation's largest organization of consumer law private and government attorneys. "Your impact on the auto industry has been magnified many times over because of the trail you blazed for others," stated NACA's Executive Director, Will Ogburn. Burdge has represented thousands of consumers in Ohio, Kentucky and elsewhere since 1978 and is a frequent lecturer to national, state and local Bar Associations and Judicial organizations. Burdge is admitted to Ohio's state and federal courts, Kentucky's state courts, and Indiana's federal courts. Other court admissions are on a "pro hac" temporary, case by cases basis.