Complaint Review: Paaco Automotive

Hi,

I have several complaints with PAACO Automotive in Dallas, my car first of all have been repossed 3 times, 2 times the company had the money in their office, but did not check the books.

Second of all my car have been re-financed and the interest rates are outrageous. I got my SUV Oct or Nov of 2002 and I have been having major problems since. The total price of my vehicle was 10,000 for a car with 96,000 miles on it.

I was informed that the company first of all report to the credit bureau. I paid off all the balance expect about 4,000 was refinance and the balanced went back up to 10,000 again. The car has over 160,000 miles on it, now they are asking me to continue paying for full coverage insurance, which if I do not pay for outside their company. Then PAACO assesses a $21.00 a week charge to my weekly payment. They will not let me trade in the vehicle and I have constant repairs. On top of it all I have to pay for repeat repo fees.

Thanks

Ms K.

Ms King
Dallas, Texas
U.S.A.