Flynrider
Phoeix,#2Consumer Comment
Wed, March 25, 2009
You bought a used vehicle, which you imply worked great for 2 years and it seems like you put some major mileage on (travelling between 3 states for work). Then, when it started having mechanical issues (not uncommon for a used car that is driven a lot), you think you should just be able to give it back with no consequences? Get real. What Drivetime is trying to tell you is that you signed a contract that says you'll pay them back what you borrowed, plus (probably ridiculously high) interest. They are going to hold you to that contract. Frankly, I can't imagine any finance company NOT holding you to that contract. I think you'll be wasting your money on a lawyer in this case. Eventually, Drivetime is going to repo the car, sell it at auction and come after you for the balance of the loan. This will damage your credit and there's not much you can do other than paying them what you owe them.