Illinois Car Dealer Forced to Refund Employees' Retirement Accounts

Today's shady dealership story comes to us from the Chicago suburb of St. Charles.

This is where Nissan of St. Charles owner Fred Vargason was forced to pay more than $13,000 out of his personal accounts toward his employees' retirement funds.

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QOTD: Have You Any Dealership Stories?

You've likely heard about the craziness that's happening at car dealerships right now. We've reported on insane markups, for example. And I've heard whispers, anecdotally, that so-and-so's friend's co-worker's cousin who's going with this girl who works at 31 Flavors got screwed when trying to buy a new car.

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  • Scott Miata for the win.
  • Kwik_Shift_Pro4X On a list of things to spend my time and money on, doing an EV conversion on a used car is about ten millionth.
  • TheEndlessEnigma No, no I would/will not.
  • ChristianWimmer If I want an EV then I’ll buy an EV. For city use a small EV with a 200-300 km range (aka “should last for a week with A/C or heater usage”) is ideal. But I only have space for one daily driver and that daily driver also needs to be capable of comfortable long-distance cruising at high speeds and no current EV can do this without rapidly draining its battery charge.
  • SCE to AUX I prefer original, no matter what the car is. If the car has some value, then an electric drivetrain lowers its value. But if it's just a used car, why spend a fortune to install an electric drivetrain?