Thomas
Anderson,#2Consumer Suggestion
Sun, July 16, 2006
Auto purchase agreements have a lot of fine print on their backsides, and you should take the time to read your purchase agreement VERY carefully for your future reference. Basically, if your financing falls through after you have driven off in the new car, the dealer can force you to accept even less desireable financing terms & if you refuse they can claim you stole the vehicle. Consumer Reports has a lot of auto test, reliability, and buying info in their April issues and they cover many 'ins and outs'. I buy a new car every 15 years whether I need to or not. I have saved a tremendous amount of money by minimizing vehicle depreciation costs and so we live very well now. I retired at 62 because I felt like it. We have a nice house with a private dock at a large lake.
Natasha
Savannah,#3Author of original report
Sun, July 16, 2006
To add they had the audacity to say "if we had continued to let you drive the vehicle and something happened to it we could have gotten sued" so he admitted right then that they allowed us to drive off the lot and the vehicle had not been financed although they had the creditor on the paperwork as JP Morgan Chase Bank.