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trnity44
I hope you stay beautiful baby
Member since 5/05 8356 total posts
Name:
Liz
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Anyone familiar with financing a car? EDITED: SPOKE WITH THE DEALERSHIP
Ok, so- I bought a new car almost 2 weeks ago. I did not finance the whole amount of car due to the amount that I put down. When I picked up the car and signed for my loan, they told me that I was financing X amount of dollars.
I just got my loan paperwork in the mail 2 days ago from the bank that lent me the money- and they said that I financed an amount that is $5,000 more than X. What gives? Could there be $5,000 in fees that I wasn't made aware of? Nothing was mentioned at the time that I signed for my loan.
I called the dealership the day that I got the paperwork, and spoke to the finance manager. He was going to pull my folder and call me back. I know he was off yesterday, so I am waiting for his phone call today. I'm hoping this is just a mistake!
ETA: I just got off the phone with the dealership. They apparently had me signed up for the Extended Service Contract- which I had NOT purchased nor SIGNED for. It explains it all! They cancelled it- and I am now financing the amount that I originally thought!
Message edited 8/13/2009 11:43:54 AM.
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Posted 8/13/09 10:57 AM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Anyone familiar with financing a car? I need help!
Do you have your paperwork?
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| Posted 8/13/09 11:26 AM |
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annoyedTTCer
LIF Adult
Member since 4/09 3272 total posts
Name:
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Re: Anyone familiar with financing a car? I need help!
Sales tax and dealer fees?
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| Posted 8/13/09 11:30 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Anyone familiar with financing a car? I need help!
Is your payment the same?
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| Posted 8/13/09 11:42 AM |
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Lucky09
2017!
Member since 1/06 7537 total posts
Name:
DW
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Re: Anyone familiar with financing a car? EDITED: SPOKE WITH THE DEALERSHIP
Wow - could you imagine how many people don't even notice that! What a scam!!!
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| Posted 8/13/09 1:19 PM |
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trnity44
I hope you stay beautiful baby
Member since 5/05 8356 total posts
Name:
Liz
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Re: Anyone familiar with financing a car? EDITED: SPOKE WITH THE DEALERSHIP
Posted by Lucky09
Wow - could you imagine how many people don't even notice that! What a scam!!!
I know! Can you imagine???
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| Posted 8/13/09 2:30 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Anyone familiar with financing a car? EDITED: SPOKE WITH THE DEALERSHIP
Posted by trnity44
Posted by Lucky09
Wow - could you imagine how many people don't even notice that! What a scam!!!
I know! Can you imagine???
Totally a scam! How do you inadvertently sign up for a service contract worth $5K. That sales person or sales manager built it into the deal so you wouldn't notice but you are smart!
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| Posted 8/13/09 2:40 PM |
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trnity44
I hope you stay beautiful baby
Member since 5/05 8356 total posts
Name:
Liz
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Re: Anyone familiar with financing a car? EDITED: SPOKE WITH THE DEALERSHIP
Posted by Blu-ize
Posted by trnity44
Posted by Lucky09
Wow - could you imagine how many people don't even notice that! What a scam!!!
I know! Can you imagine???
Totally a scam! How do you inadvertently sign up for a service contract worth $5K. That sales person or sales manager built it into the deal so you wouldn't notice but you are smart!
It definitely wasn't the sales person- it was the sales manager. I've known the sales person's family since I was 12- and am good friends with his sister. It was most definitely the business manager (the one who I did the loan paperwork with). I am so angry- but at least its (hopefully) taken care of.
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| Posted 8/13/09 2:42 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Anyone familiar with financing a car? EDITED: SPOKE WITH THE DEALERSHIP
Posted by trnity44
Posted by Blu-ize
Posted by trnity44
Posted by Lucky09
Wow - could you imagine how many people don't even notice that! What a scam!!!
I know! Can you imagine???
Totally a scam! How do you inadvertently sign up for a service contract worth $5K. That sales person or sales manager built it into the deal so you wouldn't notice but you are smart!
It definitely wasn't the sales person- it was the sales manager. I've known the sales person's family since I was 12- and am good friends with his sister. It was most definitely the business manager (the one who I did the loan paperwork with). I am so angry- but at least its (hopefully) taken care of.
I hope it is! Good luck! I'm so angry for you.
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| Posted 8/13/09 2:48 PM |
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