Complaint Review: Toyota Motor Credit - Lexus Financial Services

On November 29th 2005 I bought a 2002 Nissan Frontier from Green Lincoln Mercury Mazda in Springfield Illinois. When I left with the vehicle late that night I had done all of the paperwork, signed the documents, and traded in a very nice car for it! About 3 weeks later I recieved a call from them saying that for some reason Toyota Motor Credit denied my application, and that I needed to bring the truck back, so I did.

I arrived at the dealership, and they advised me that my car had went to auction, and that the only option I had was to sign a new set of papers. Feeling trapped, and having no transportation I reluctantly signed the papers, going from a payment in the $400 range to well over $500 a month with an almost 20% intrest rate. Keep in mind that my car only had a 5.75% Intrest rate!

They have now reposessed the vehicle because I was unable to pay for it due to the payment amount. I repeatedly called Toyota and told them to come and get the vehicle and they didnt, finaly one day I called and told them to come get it or I was having it towed to them and they finally showed up. Now they have marked my credit as INVOLUNTARY repo, when I was more than voluntiring it to the idiots! PLEASE - Steer clear of GREEN LINCOLN MERCURY MAZDA IN SPRINGFIELD IL (THE GREEN FAMILY STORES) AND TOYOTA FINANCIAL SERVICES!!!!

Lucas
Dixon, Illinois
U.S.A.