I'm Screwed

Several months ago investigators from the state corporation commission interviewed me about the "rebate program" that my dealer offered when I bought my last car, three years ago. See, the rebate doesn't come immediately. You have to wait 39 months. I was supposed to get back almost 10% of the original price of the car.

Too bad it's (almost) a scam.

An administrative judge gave Casey a preliminary legal victory last week in a clash between state regulators and the dealer. The three judges of the Virginia State Corporation Commission must still decide if they agree that the program doesn't violate securities laws.

The program has been the subject of an intense investigation by the staff at the SCC since last December. Casey immediately ended the program at its Hampton Roads dealerships, but had already issued 8,532 certificates worth tens of millions of dollars.

The SCC sent subpoenas this year to interview 17 current and former Casey salespeople, and sent out questionnaires to 400 former Casey customers in the program.

Casey says some customers came back to the dealership making threats and demanding money, to no avail. Some dissatisfied customers had not followed the program's rules.

Crap!