R
Ross K
Guest
Is there any loan worse than this? It's for a car that was $3,000 on the lot, then the total loan in their car salesman's office comes out to $8,700. The loan is worth more than the car, something like an extra $5,000 ? To add even more salt to the wound, the loan accrued interest so although I've paid $6,000 already they have the total that is still owed as $4,000 more, so $10,000 TOTAL.
The blue book value on the car is and was about $2,000. And I'm still making payments on it, I haven't driven it for 2 years, pretty much the whole time I've had it, because the transmisson AND engine blew. The paint job is botched, was blistering off, when I bought it. At the time when I signed the papers to accept the car loan I was experiencing a lot of other MAJOR problems, and I'm not sure why in the world I would have signed such a nonsense thing, why ?No idea, all I know is I'm STILL making payments , and I've already paid them $6,000 for a car that hasn't run the whole time I've had it
The blue book value on the car is and was about $2,000. And I'm still making payments on it, I haven't driven it for 2 years, pretty much the whole time I've had it, because the transmisson AND engine blew. The paint job is botched, was blistering off, when I bought it. At the time when I signed the papers to accept the car loan I was experiencing a lot of other MAJOR problems, and I'm not sure why in the world I would have signed such a nonsense thing, why ?No idea, all I know is I'm STILL making payments , and I've already paid them $6,000 for a car that hasn't run the whole time I've had it