Karl
Highlands Ranch,#2Consumer Comment
Sun, September 07, 2008
HOW MANY INNOCENT CONSUMERS, who had no idea about LEASING, were TRICKED by Toyota in the past several years?? Toyota Corporation is usually the Finance Company for the bulk of these LEASES. Their Finance Division- TMCC (Toyota Motor Credit Corporation) must get THOUSANDS of complaints every year, wouldn't you agree?? Since Toyota IS a PUBLICLY HELD Company, it would be nice to know HOW MANY COMPLAINTS they get each year so the PUBLIC can make an intelligent decision about making an INVESTMENT in TOYOTA, and in purchasing their STOCK, correct?? IF Toyota Corporation is KNOWINGLY preventing VALUABLE INFORMATION from POTENTIAL INVESTORS, this could be a 'PROBLEM', right? Wouldn't YOU want to know the TRUTH about the '5th Most Admired Company' (according to a Report, - 'Google' this- MOST ADMIRED COMPANIES) and read all about it!! I wonder WHO is doing all the Rankings for these companies?? They obviously DON'T read all of these Ripoff Reports, do they??? Make sure to ALWAYS ask what the 'MONEY FACTOR' is when you are LEASING!!!!! Simply multiply the 'MONEY FACTOR' by 2,400 to convert it to the INTEREST RATE!!Example: If the Toyota Dealership tells you that your 'MONEY FACTOR' is .0045, simply multiply it by 2,400 and that converts the 'MONEY FACTOR' into the interest rate!! So, the interest rate that they are charging you is 10.8%. (2,400 x .0045 = 10.8%) GUESS WHAT? You may have QUALIFIED for a 'MONEY FACTOR' of .0030, but the Dealership 'UPCHARGED' the rate so they could make EXTRA MONEY OFF OF YOU WITHOUT YOUR KNOWLEDGE!! If you QUALIFIED for .0030, then you COULD have been charged .0030 which WOULD have been 7.2%, correct?? Imagine how much LOWER your PAYMENT COULD HAVE BEEN?????!!! Just think, YOU could have been charged an ADDITIONAL amount of INTEREST by the Dealer, & Toyota Corporation ALLOWS THIS!!! I wonder how many innocent people are paying an EXTRA $10, $20, $30, $40, $50 or even $60 per month ADDITIONAL on their LEASED VEHICLES from TOYOTA?? If you are paying an ADDITIONAL $30 per month on your LEASE over a 48 month term, then the Dealer made an EXTRA $1,440 in PROFIT just off of the 'MONEY FACTOR'!!!! That's A LOT, right???? No wonder TOYOTA is the '5th Most Admired Company', HUH??? Don't forget to 'Google' this- BERNANKE HE INHERITED A BIG PROBLEM WAS IT DUE TO ANY HANKY PANKY, and read 'FED POEM'!!! According to the News this morning, it looks as though there WAS 'Hanky Panky' because Freddie Mac & Fannie Mae are all but a distant memory!!! The U.S. Government is going to have to TAKE OVER these PUBLICLY HELD Companies because they would COLLAPSE if the GOVERNMENT did NOT step in!! GUESS WHO ENDS UP PAYING FOR ALL OF THIS? ANSWER: The American TAXPAYERS!! Welcome to America- In Fraud We Trust!!! P.S. 'Only a pawn in their game.' - Dylan