Robert
Irvine,#2Consumer Comment
Tue, August 09, 2011
It looks like some people will never learn.
First of all there was nothing hidden in the contract you signed. When you looked at the contract 2 years later it was there. So did they use some special re-appearing ink that you don't see when you sign the contract? Of course not. Most likely you were so happy that your payment was under $500 you really didn't care how they got it.
This is why you NEVER buy a car based on your payment, and you NEVER sign a contract without reading every single line. If you feel you are being rushed then give the salesman two choices..let you read the contract or leave. If you don't understand a line then make them explain it. If they make a promise or state something you are going to get, have them either show that promise in writing.
You are now looking at another car because the body style is "intriguing". It looks like you haven't learned another important item. You NEVER roll over your negative equity into a new car. Cars loose value, and when you bought this car you were already in the hole for almost $4,000 from the Negative Equity of the other car. You are now thinking of doing it again? I guess if the body style is that "intriguing" that you want to be paying for effectively 3 cars then go right ahead.
Joseph
New Orleans,#3Consumer Comment
Tue, August 09, 2011
Just a thought, but you said the balance was $23,769 including sales tax. I would bet that they added the Sales tax, tag and registration to the $23,769. With what you wrote, the price of the car would have been $18,447 without the sales tax, et al, but with the trade-in differential. That would seem rather low, so I am guessing you may have been thinking (for whatever reason) that the tax was included, but it was not.
In any event, the time to have caught that was at the time of signing. It is has been almost 2 years since you made the purchase, it is too late for any corrections.
Jim
Orlando,#4Consumer Comment
Mon, August 08, 2011
BEFORE YOU SIGN IT!
No attorney is needed. Nobody needs to explain anything. You read the contract and right then and there you either agree with the figures as well as the terms/conditions, or you don't and then you do not sign it! If there's something in the contract you need to ask about, then ask. However, you do not use the salesman to explain the contract instead of you reading it.
Now, why did they do this? Because they know full well that far too many people will sign the damned thing without reading it. They throw common sense out the window for a stupid car. Is it fraud? Of course it is. Welcome to the Sleazy American Car Business. You and I protect ourselves by being smart consumers and reading everything before signing anything.