LITTLE ROCK, Ark. (News release) – Arkansas Attorney General Leslie Rutledge has reached a settlement with Jacksonville-based Miracle Motors, Corp. and its owners for advertising the sale of used vehicles and failing to provide the vehicle title on the vehicle to Arkansas purchasers.
“Miracle Motors and its owners will be paying for the harms they caused by knowingly deceiving Arkansans,” said Attorney General Rutledge. “Illegal business practices that take advantage of our citizens will not be tolerated.”
Rutledge filed a lawsuit against Miracle Motors in January 2016 and stated that on numerous occasions the dealership advertised vehicles it did not own for sale, sold the vehicles to Arkansas consumers, accepted payment and failed to deliver the vehicle title in a timely fashion. The owners of Miracle Motors deceived consumers by misrepresenting the ability to convey titles to purchasers at the point of sale. These actions violated the Arkansas Deceptive Trade Practices Act and the Used Motor Vehicle Buyer Protection Act.
Consumers cannot prove ownership without a title, leading to other potential problems and putting Arkansans at great risk.
Under the terms of the settlement agreement, Miracle Motors will provide customers with their vehicle titles, or, upon request by the customers, void the transaction and provide a full refund of the purchase price and return the consumer’s trade-in. Miracle motors will also reimburse the customers for any out-of-pocket expenses associated with attempting to register the vehicle without a title.
Miracle Motors and its owners must also pay a $10,000 fine to the Consumer Education and Enforcement Fund.
