JDByrider - C.N.A.C - C&S Finance sold me a vehicle for 3x the valued amount then would not trade it for a lesser vehicle even when Dr.'s letter was brought to verify detriment to health. Turned vehicle in to them and still red flag is on my credit. Orlando Florida
I traded in my truck for another truck and they did not give me the value of the trade in. They charged me 3x the value for the new trucks worth. Then when I tried to trade down to another vehicle for medical reasons they still did not comply. I then brought them a letter from my Doctor showing that driving their vehicle was detrimental to my health and still they would not do anything about their vehicle. I then returned their truck to them and gave them the keys and they tried to get me to sign that I would be responcible for any difference in which they resold their truck. I did not sign, but still they have caused a red flag on my credit report and I was never late on any payments. They don't put on the credit report that I never missed or was late for any payments. I would like to have the bad part of my transactions with them removed from my credit ratings.
William
Orlando, Florida
U.S.A.
5 Updates & Rebuttals
Flynrider
Phoeix,Arizona,
U.S.A.
Scott is correct.
#6Consumer Comment
Mon, December 22, 2008
Additionally, a car dealer is not required to "trade down" your vehicle for medical reasons. This is simply not their problem. Why you think it is baffles me.
When all is said and done, you did sign a contract for the price the dealer offered. If it was 3x the amount the vehicle was worth, you probably shouldn't have agreed to that price. But you did. Returning the truck to the dealer before you've paid for it will always result in a bad credit report. You still owe the amount that you originally contracted for. What did you think would happen? By returning it yourself, the only thing you avoided was a repossesion fee. Good luck trying to get it removed from your credit report. It's a repossesion any way you look at it.
Flynrider
Phoeix,Arizona,
U.S.A.
Scott is correct.
#6Consumer Comment
Mon, December 22, 2008
Additionally, a car dealer is not required to "trade down" your vehicle for medical reasons. This is simply not their problem. Why you think it is baffles me.
When all is said and done, you did sign a contract for the price the dealer offered. If it was 3x the amount the vehicle was worth, you probably shouldn't have agreed to that price. But you did. Returning the truck to the dealer before you've paid for it will always result in a bad credit report. You still owe the amount that you originally contracted for. What did you think would happen? By returning it yourself, the only thing you avoided was a repossesion fee. Good luck trying to get it removed from your credit report. It's a repossesion any way you look at it.
Flynrider
Phoeix,Arizona,
U.S.A.
Scott is correct.
#6Consumer Comment
Mon, December 22, 2008
Additionally, a car dealer is not required to "trade down" your vehicle for medical reasons. This is simply not their problem. Why you think it is baffles me.
When all is said and done, you did sign a contract for the price the dealer offered. If it was 3x the amount the vehicle was worth, you probably shouldn't have agreed to that price. But you did. Returning the truck to the dealer before you've paid for it will always result in a bad credit report. You still owe the amount that you originally contracted for. What did you think would happen? By returning it yourself, the only thing you avoided was a repossesion fee. Good luck trying to get it removed from your credit report. It's a repossesion any way you look at it.
Flynrider
Phoeix,Arizona,
U.S.A.
Scott is correct.
#6Consumer Comment
Mon, December 22, 2008
Additionally, a car dealer is not required to "trade down" your vehicle for medical reasons. This is simply not their problem. Why you think it is baffles me.
When all is said and done, you did sign a contract for the price the dealer offered. If it was 3x the amount the vehicle was worth, you probably shouldn't have agreed to that price. But you did. Returning the truck to the dealer before you've paid for it will always result in a bad credit report. You still owe the amount that you originally contracted for. What did you think would happen? By returning it yourself, the only thing you avoided was a repossesion fee. Good luck trying to get it removed from your credit report. It's a repossesion any way you look at it.
Scott
Kentwood,Michigan,
U.S.A.
Several Questions
#6Consumer Comment
Thu, December 18, 2008
Several questions regarding your trade-in and purchase. Did you do any research before heading to the lot to start looking at a new vehicle as to what the trade-in value of your original truck was? Did you do any research as to the value of the new truck you were purchasing? Did you test drive the truck prior to buying it?
You signed into a contract to agree to pay the payments on the truck. It's not the dealer/finance company's fault that you can't drive or afford that truck. You can easily walk away from a deal if you don't like what the cost is to you. Why is it that people think that because they do something stupid that they can just turn around a walk away from it? It's nice that you returned the vehicle to the lot and gave them the keys, but you were still obligated for the payments/balance on that loan for the purchase regardless of whether you drove the truck or not.