Illinois car dealership to pay $10 million to settlement after charging Black customers more for financing cars
An Illinois car dealership has agreed to a $10 million in a settlement with the Federal Trade Commission and the Ilinois Attorney General’s office after charging Black customers more for financing during purchases according to CBS News. Ed Napleton Automotive in Oakbrook Terrace, Illinois, agreed to the settlement last week after a complaint was filed against nine dealerships owned by Napleton Automotive in Illinois, Florida, Pennsylvania, and Missouri.
The complaint claimed the dealership charged thousands of customers “hundreds or thousands of dollars” in additional charges, including “payment insurance” and “paint protection,” without getting consent. According to the FTC release, the complaint says Black customers were charged up to $190 more in interest and $99 more in similar add-ons for “similarly situated” non-Latino white customers.
The FTC release says the dealerships would add the fees after hours-long negotiations and “sneak junk fees for add-on products and services into customer contracts,” although customers declining the add-ons.
“Working closely with the Illinois Attorney General, we are holding these dealerships accountable for discriminating against minority consumers and sneaking junk fees onto people’s bills,” Samuel Levine, director of the FTC’s Bureau of Consumer Protection, said. “Especially as families struggle with rising car prices, dealerships that cheat their customers can expect to hear from us.”
Ed Napleton Automotive was founded in 1951 and has 51 dealerships across eight states. In a statement Friday, a spokesman for the Napleton group denied all wrongdoing.
“The Ed Napleton Dealership Group has resolved disputed claims made by the Federal Trade Commission and the Illinois Attorney General’s office,” spokesperson Tilden Katz said. “We made this decision to avoid the disruption of an ongoing dispute with the government. As a result, we reluctantly determined that it was in our best long-term business interests to resolve these matters.”
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