- Report: #425822
Complaint Review: CREDIT ACCEPTANCE CORPORATION - Internet
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CREDIT ACCEPTANCE CORPORATION
WWW.CREDITACCEPTANCE.COM Internet, U.S.A.
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CREDIT ACCEPTANCE CORPORATION CREDIT ACCEPTANCE WON'T EVEN REPOSSESS BECAUSE THEY KNOW THEY ARE WRONG LOGAN Internet
I am glad I am not the only one who as gone through this! We have spent over $3000 fixing a vehicle that was financed through Credit Acceptance.
When called about the warranty they say they have nothing to do with the warranty yet everytime you call the warranty company they redirect you to Credit Acceptance.
The warranty has covered nothing that was in the contract and Credit acceptance says that every payment we have made has gone directly to the interest. They even told my husband that he needed to take financing 101 because we argued with them over that statement.
We told them to come and repossess the vehicle and that we would take out everything we paid for, ie, transmission, transfer case, serpentine belt, spark plugs, spark plug wires, TOD sensor, air conditioner compressor, and now we have to replace either the alternator or the starter.
They will not repossess a vehicle that won't run! Yet they want us to pay for it!! Explain this to me! If anyone has a case going against credit acceptance or grants drive now please let me know! We could really use the help
Dixie
north logan, Utah
U.S.A.
When called about the warranty they say they have nothing to do with the warranty yet everytime you call the warranty company they redirect you to Credit Acceptance.
The warranty has covered nothing that was in the contract and Credit acceptance says that every payment we have made has gone directly to the interest. They even told my husband that he needed to take financing 101 because we argued with them over that statement.
We told them to come and repossess the vehicle and that we would take out everything we paid for, ie, transmission, transfer case, serpentine belt, spark plugs, spark plug wires, TOD sensor, air conditioner compressor, and now we have to replace either the alternator or the starter.
They will not repossess a vehicle that won't run! Yet they want us to pay for it!! Explain this to me! If anyone has a case going against credit acceptance or grants drive now please let me know! We could really use the help
Dixie
north logan, Utah
U.S.A.
1 Updates & Rebuttals
Gorno
Redford,Michigan,
U.S.A.
Caveat Emptor
#2Consumer Comment
Fri, July 10, 2009
Credit Acceptance did not sell you a vehicle: the dealership did. Credit Acceptance did not provide you with a Warranty: the Warranty company did. Nothing in your letter has anything to do with Credit Acceptance, except the part where you make it clear you are not going to re-pay the money you borrowed from them, like you promised to. First: our entire system of Free Market Enterprise is based on the latin term: : 'Caveat Emptor". Translation: ' Let the buyer beware' This system has been in place for thousands of years and all the whining and pouting in the world won't change it. This means that it is on YOU to make sure you know what you are getting into. You are an adult: you signed a contract with CAC saying that if they lent you money to buy a car, then you will repay them according to the terms spelled out in the contract that you signed. You picked out a lemon and now you want to blame someone: CAC seems like a good target, but they ain't to blame since YOU are the one that picked the vehicle out. If they had told you what car to buy you would have screamed loud enough to be heard half a state away, but when YOU picked out the car and it went bad on you; CAC MUST be to blame, right? And why should they spend good money to pick up a vehicle that even YOU don't want? Haven't they lost enough money because you failed to keep your word? Now they should clean up the trash in your driveway, too? I have bought alot of used cars over the years; some good, some not so good. But never did I blame someone else because I screwed up and bought a lemon. And was it a lemon or did you just fail to take care of a used car? It's a machine, you know. They break down and need repair. Used machines break down more than new ones do. If you do not know enough about cars to be able to pick out a good one, then bring a friend that does, or take the car to an independant mechanic. But whatever you do, however you buy it; take responsibility for your decisions and your commitments. YOU picked out a car to buy. Live with it. You made a promise to repay money that you borrowed. Keep your promise.
