coast
USA#2Consumer Comment
Tue, August 16, 2011
"They told her once she established credit she would be able to refinance her car for a lower payment"
Was that in the written agreement?
"As soon as she drove it she realized it had bad brakes"
The brakes were bad on the test drive but she bought it anyway.
Why did she agree to pay more than double the value of the car?
Jim
Orlando,#3Consumer Comment
Mon, August 15, 2011
Nobody forced your daughter to buy this car. She agreed to the purchase price and interest rate. The interest rate was high because of her credit reputation which you seem to indicate is no credit. A high interest rate under that circumstance is common practice which she agreed to. You say problems were experienced as soon as she drove it off the lot? Did she take the car on a test drive? Did she or you have the car checked out by your mechanic before purchase? Again, this is something totally under your and her control. She failed to use the tools of a smart consumer and you, as a parent, incredibly failed to advise her of those things. By the way, I don't work for them.