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  • Report:  #1385155

Complaint Review: Magnum finance

Magnum finance Magnum finance at it again Traverse city Michigan

  • Reported By:
    Marshall — Kalkaska Michigan USA
  • Submitted:
    Thu, July 13, 2017
  • Updated:
    Thu, July 13, 2017

 Hello I purchased a 2002 Dodge Dakota from Northpointe Motors in Kalkaska Michigan. Everything sounded nice even with the 24% interest rate for Magnum Finance. Needless to say that I purchased just the warranty under the vehicle, then I realized that my transfer box went out on my transmission of my pickup truck. So I asked the finance company can they suspend all payments due since my truck was down and it was in the shop due to the finance. Well needless to say Northpointe Motors lost the warranty that I paid for it my money and Magnum Finance at said that they will not suspend the payments. So needless to say I told them I do not want anything to do with this pickup truck anymore please have somebody come out to my property and get it off my property. They sent me a email stating that they sold the truck for $4,000 so I was stuck with a balance of $8,000 which I will not pay because they did not Grant the warranty under the vehicle. I advise anybody looking or purchasing an automobile do not go through Northpointe Motors or Magnum Finance they will hurt you financially and they will sue you for the difference of the lean.

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