Consumer reviews and reports on scam companies, bad products and services
Auto Income, Inc. Company practices ILLEGAL activities!! New York, New York
9th of Apr, 2013 by User114164
I signed up to be a dealer through AutoIncome in California. I was assigned to Platinum Auto Brokers aka Platinum Motor Sales. I was promised a dealer plate and full coverage insurance. After 4 months of selling cars, I was in a minor fender bender accident. Reported accident to dealership owner, Benjamin Sonkin. I learned through the Insurance company that I was never added onto the policy as an insured. As a matter of fact, NONE of the dealers working through Platinum Auto Brokers were insured! After speaking at length with both Auto Income's owner, Tim, as well as Platinum Auto Brokers owner/manager, Ben Sonkin, they repeatedly denied that I was not insured. However, upon filing my claim with the insurance company (Benjamin Sonkin refused to file the claim for me!), I received a written confirmation letter from the insurance company confirming that I was not insured. As a matter of fact, the insurance company was not happy with the practice of business and was not aware of multiple dealers using dealer plates from different locations. I presented the evidence to Auto Income and Platinum Auto Brokers, demanding a refund for breach of contract. I was repeatedly refused. Auto Income wiped their hands clean, saying that they are not in the loop after assigning me to a dealership. I ended up suing and receiving a judgment against Platinum Auto Brokers and Benjamin Sonkin. To date, he has NOT satisfied the judgment, and did NOT even appear in court to represent himself. I gave all this information to Auto Income, including detailed court documents. I spoke to Tim, owner. He never called me back, and is still referring new dealers to this location!! Do not do business with these guys. They just want your money and have no interest in protecting you, the dealer!!!

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