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Lone Mountain Truck Leasing Crestco capital Ripped off, taken advantage of, left with no truck & no job! Tifton Georgia
I purchased a truck from Lone Mountain in Oct. of 2012, & for about a yr everything was fine. I changed jobs (rather abruptly) in late 2013 & knew during the transition I wouldn't have the next payment on time. I informed them (Crestco capital) of this & asked to have that payment deferred (which is an option in the lease agreement). After (supposedly) talking to management I was told the payment would not be deferred & was now subject to late fees. I had not missed a single payment before this! So the next month (& every month afterward), I was now being charged a late fee tacked on to the missed payment! This went on for about another yr until I had a major engine breakdown.....my repair estimate was listed at over $11,000!!! (It was initially quoted to be about $8000) I could not come up with anywhere near that kind of money at the time, & long story short, they basically repoed the truck from the repair shop (without telling me, I had over $2000 worth of clothing, tools, & other belongings inside) I only received written notification AFTER they took it! In addition to being months behind (it was in the shop about 2-3 months), the insurance lapsed eventually causing my license to be suspended, I also saw my truck listed & sold on Ebay a short time later. After which I received a letter stating that I STILL owed them thousands (for breaking the conditions of the lease, apparently.) If there is any other drivers that have had issues with this company, please let me know, this whole thing has left me in dire straits!
1 Updates & Rebuttals
Floyd
Tennessee,United States
sorry BUT
#2General Comment
Tue, December 25, 2018
i'm sorry this happened but this is 100% your fault
you had the truck for about a year and didn't save enough money to cover 1-3 months payments...?
after you changed jobs in the next year you couldn't make an extra payment to get up to date....?
you had the truck for 2 years and didn't save enough money to cover a large repair.....?
how it it anyone's fault but yours