- Report: #90553
Complaint Review: Larry H Miller - Salt Lake City Utah
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Author Not Confirmed
Why?
Larry H Miller
1370 S 500 W Salt Lake City, 84111 Utah, U.S.A.
Phone:
801-9720421
Web:
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Business Rating:
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Larry H Miller Bought a 1996 Chevy Tahoe from them and am now in the hole about 8000.00 !!!! Salt Lake City Utah
My husband went to Larry H Miller because he is suppose to be a great dealer who you can trust YEAH RIGHT. My husband had filed Bankruptcy that year and was trying to restablish his credit.
The sales men assured him that he could get started in this vehicle and in six month he could come back as long as he had good payment history and get into something newer and more of what he wanted. Well guess what its been almost 2 years we are so unside down in our vehicle that we need 8000.00-9000.00 just to get out of it and then on top of that they would have to roll some into a new car we got.
HOW do they get away with this. The trade in value on our car is about 5470.00 if we sell it to a private party then its worth about 7410.00. So after we have paid our payment for 2 years we still owe 17,400.00 WOW! Then not only do we owe so much on the vehicle BUT we have had to fix just about every major thing on the piece of JUNK. We have tried to contact the corporate office to see if there is anything they can do to help BUT of course no response.
So then we tried to go and talk to the sales man that sold him the car and was told he was fired because he was ripping people off HELLO!!! So we talked to the manager on duty told him our situation and where told that you fault and unless you have a large down payment there was nothing they could do for us.
We have tried when we get SPECIAL DEALS in the mail from them but come to find out those SPECIAL VIP deals are for everyone and they never really do what they say. I just cannot believe that Larry H Miller MILLIONAIRE would let this kind of stuff go on in his buisness BUT again I guess that may be why he is a millionaire!
DONT BE FOOLED by this company. There slogan is something like Larry H Miller you know this guy. Sorry but If I knew him I would probably not like him.
Michelle
salt lake city, Utah
U.S.A.
The sales men assured him that he could get started in this vehicle and in six month he could come back as long as he had good payment history and get into something newer and more of what he wanted. Well guess what its been almost 2 years we are so unside down in our vehicle that we need 8000.00-9000.00 just to get out of it and then on top of that they would have to roll some into a new car we got.
HOW do they get away with this. The trade in value on our car is about 5470.00 if we sell it to a private party then its worth about 7410.00. So after we have paid our payment for 2 years we still owe 17,400.00 WOW! Then not only do we owe so much on the vehicle BUT we have had to fix just about every major thing on the piece of JUNK. We have tried to contact the corporate office to see if there is anything they can do to help BUT of course no response.
So then we tried to go and talk to the sales man that sold him the car and was told he was fired because he was ripping people off HELLO!!! So we talked to the manager on duty told him our situation and where told that you fault and unless you have a large down payment there was nothing they could do for us.
We have tried when we get SPECIAL DEALS in the mail from them but come to find out those SPECIAL VIP deals are for everyone and they never really do what they say. I just cannot believe that Larry H Miller MILLIONAIRE would let this kind of stuff go on in his buisness BUT again I guess that may be why he is a millionaire!
DONT BE FOOLED by this company. There slogan is something like Larry H Miller you know this guy. Sorry but If I knew him I would probably not like him.
Michelle
salt lake city, Utah
U.S.A.
2 Updates & Rebuttals
Bobby
Salt Lake City,Utah,
U.S.A.
Another Reason for Upside Down
#2Consumer Suggestion
Tue, May 25, 2004
You stated that your husband had filed Bankruptcy. I used to work for an Auto Finance company and if he had filed Bankruptcy then his interest rate was probably EXTREMELY high (20 to 27%) so at the beginning of his loan almost all of his payments were going to interest. Also with that type of interest if you are late at all, or if you have extensions on your loan, then you are paying everything to interest and almost none to the car. Rule of thumb....to establish or re-establish your credit you need to pay on time (or early) and pay extra. Otherwise you are always going to be behind and "upside down". Good Luck
Jim
Orlando,Florida,
U.S.A.
Why Upside Down?
#3Consumer Suggestion
Sun, May 09, 2004
Being upside down in a deal is caused by three reasons...too little down, too long of a term or you agreed to buy an over priced car. How do you avoid this in the future? You put as much down as you can and finance the car for as short a term as possible. You also do your research to see if the price is reasonable.
