Business ProfileforAnchorage Auto Mart

The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.

On May 3, 2022, Attorney General Treg Taylor for the State of Alaska announced a settlement in a consumer protection case brought against a used car dealership, Anchorage Auto Mart, LLC (AAM).  The court approved settlement requires AAM to pay civil penalties of $35,000, to pay $60,000 toward a restitution fund which will be administered by the Court, and to cease from engaging in unfair and deceptive trade practices.

Attorney General Taylor filed the lawsuit against AAM on September 24, 2020, alleging that AAM engaged in numerous unfair and deceptive trade practices, including:

Selling vehicles that lacked a valid title without informing customers of this fact;
Failing to disclose that vehicle had reconstructed titles;
Misrepresenting the accident history of vehicles; and
Posting false or misleading advertisements

Consumers who purchased a vehicle from Anchorage Auto Mart between September 24, 2014, and October 25, 2021, and were harmed by Anchorage Auto Mart’s unfair or deceptive trade practices are eligible to receive a distribution from the restitution fund. Consumers must file a claim form by June 17, 2022, in order to be eligible to receive a distribution from the restitution fund. 

Consumers can request a claim form by contacting the Alaska Department of Law’s consumer protection unit by mail at 1031 West 4th Ave., Suite 200, Anchorage, AK 99501, by email at [email protected], or by phone at (907) 269-5200. 

AAM denied that it committed the unfair and deceptive trade practices alleged by the Attorney General, but stated that it agreed that a resolution of the dispute was in the best interest of both AAM and eligible claimants. 

For more information, please contact the Alaska Department of Law at 907-269-5100 or https://law.alaska.gov/department/about.html.