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  • Report:  #665670

Complaint Review: LG Auto

LG Auto LGAutos.net Over Priced Used Vehilces Roy, Washington

  • Reported By:
    Phoenix — Seattle Washington U.S.A.
  • Submitted:
    Fri, November 26, 2010
  • Updated:
    Sat, November 27, 2010

LG Autos (lgautos.net) located in Roy, Washington, outside of Seattle is a "rent to own" used car dealer that over prices their vehicles significantly above Kelly Blue Book values and does not require credit checks.   


The company offers X number of year leases with or without down payment and requires no credit check.  A quick review of the company's inventory shows these cars for "rent to own"

1998 Buick Aurora with 130,000 miles
Their Price After Down Payment and 3 year "lease": 10,000
Kelly Blue Book Value: 3985 (excellent condition)

2002 Jetta with 141,000 miles
Their Price After Down Payment and 3 year "lease": 13,600
Kelly Blue Book Value: $5,100 (excellent condition)

1999 Mercury Villager with 130,000 miles
Their Price After Down Payment and 3 year "lease": 11,800
Kelly Blue Book Value: $5115 (excellent condition)

These examples (nearly half of their inventory) show that LGAutos "rent to own" program charges more than twice what a vehicle is worth.  If you're going to buy a car, protect yourself by doing your own research.  Start with www.kbb.com and www.carfax.com.  Don't deal with dealers who assume you don't know what a car is worth and will take advantage of you. 

FYI - with a decent credit score, and over the course of a 5 year loan, a $10,000 loan costs about $200 per month to pay back.  

Research Research Research and dont support dealers like these.  
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