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Posted: 2/21/2017 11:58:42 PM EDT
[#1]
Quote HistoryQuoted:
So you are going to spend a couple thousand on an attorney to possible find out that you will have to return the truck, pay 14 thousand to the dealer, pay a usage fee on the loaner truck and then have nothing to drive????? Keep us updated! Illinois law says they can't charge you for use of the truck. I could run the thing on a dyno for the next week and they can't charge for the miles. I won't be doing that. |
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Posted: 2/21/2017 11:58:55 PM EDT
[#2]
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Is that Canadian law or US law? It's law here, absolutely. The truck does not belong to the OP, the dealer owns it. |
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Posted: 2/21/2017 11:59:21 PM EDT
[#3]
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Well at this point if he will not come to terms with the dealer they will want the truck back NOW. If he hides the truck it will be considered stolen. ETA : the dealer wanted the OP to come in and sort it out and sign for the truck, if an agreement was not reached at that point they would have taken the keys and the truck, he would not have drove it home. Quote HistoryQuoted:
Quoted:
I think he said he was garaging it. Well at this point if he will not come to terms with the dealer they will want the truck back NOW. If he hides the truck it will be considered stolen. ETA : the dealer wanted the OP to come in and sort it out and sign for the truck, if an agreement was not reached at that point they would have taken the keys and the truck, he would not have drove it home. You're just becoming tiresome now. |
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Posted: 2/21/2017 11:59:35 PM EDT
[#4]
Quote HistoryQuoted:
Well at this point if he will not come to terms with the dealer they will want the truck back NOW. If he hides the truck it will be considered stolen. ETA : the dealer wanted the OP to come in and sort it out and sign for the truck, if an agreement was not reached at that point they would have taken the keys and the truck, he would not have drove it home. Not sure parking a vehichle in the garage would be considered theft. Garage's are kinda built for the purpose of parking cars in them, or letting my wife fill it with shit she swears "I'll use again, just don't need it now". |
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Posted: 2/22/2017 12:02:16 AM EDT
[#5]
Quote HistoryQuoted:
Well at this point if he will not come to terms with the dealer they will want the truck back NOW. If he hides the truck it will be considered stolen. ETA : the dealer wanted the OP to come in and sort it out and sign for the truck, if an agreement was not reached at that point they would have taken the keys and the truck, he would not have drove it home. LOL. |
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Posted: 2/22/2017 12:02:49 AM EDT
[#6]
Quote HistoryQuoted:
Illinois law says they can't charge you for use of the truck. I could run the thing on a dyno for the next week and they can't charge for the miles. I won't be doing that. As soon as you threatened lawyer do you think the dealer is going to do you any favours now ? They are going to want their truck back, it is not yours, and they are going to want it back immediately. |
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Posted: 2/22/2017 12:03:45 AM EDT
[#7]
Quote HistoryQuoted:
Well at this point if he will not come to terms with the dealer they will want the truck back NOW. If he hides the truck it will be considered stolen. ETA : the dealer wanted the OP to come in and sort it out and sign for the truck, if an agreement was not reached at that point they would have taken the keys and the truck, he would not have drove it home. Quote HistoryQuoted:
Quoted:
I think he said he was garaging it. Well at this point if he will not come to terms with the dealer they will want the truck back NOW. If he hides the truck it will be considered stolen. ETA : the dealer wanted the OP to come in and sort it out and sign for the truck, if an agreement was not reached at that point they would have taken the keys and the truck, he would not have drove it home. So would it be considered theft when I want my car back that they drove to another dealer and now they can't return? After all the law isn't just one way. I have to return the truck if we can't come to an agreement, but they need to return my car and deposit as well. They better get working to figure out how they're going to pull that off. As soon as they sound concerned with that at all I will give a fuck about they're truck. |
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Posted: 2/22/2017 12:04:38 AM EDT
[#8]
Quote HistoryQuoted:
You're just becoming tiresome now. Elaborate please. |
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Posted: 2/22/2017 12:05:22 AM EDT
[#9]
Quote HistoryQuoted:
The last vehicle I financed, I got zero percent financing. No payment at the end, no catch, just drive home in a new truck and use someone else's money to buy it. Quote HistoryQuoted:
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In my case, I make far better in returns investing than my 3% credit union loan. And yes I'm a millennial too. The last vehicle I financed, I got zero percent financing. No payment at the end, no catch, just drive home in a new truck and use someone else's money to buy it. That happens also...I normally always buy used though, so no 0% for me. 
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Posted: 2/22/2017 12:09:02 AM EDT
[#10]
Quote HistoryQuoted:
Well at this point if he will not come to terms with the dealer they will want the truck back NOW. If he hides the truck it will be considered stolen. ETA : the dealer wanted the OP to come in and sort it out and sign for the truck, if an agreement was not reached at that point they would have taken the keys and the truck, returned his deposit, and he would have drove home in his leased Acura. FIFY |
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Posted: 2/22/2017 12:10:53 AM EDT
[#11]
Quote HistoryQuoted:
As soon as you threatened lawyer do you think the dealer is going to do you any favours now ? They are going to want their truck back, it is not yours, and they are going to want it back immediately. Quote HistoryQuoted:
Quoted:
Illinois law says they can't charge you for use of the truck. I could run the thing on a dyno for the next week and they can't charge for the miles. I won't be doing that. As soon as you threatened lawyer do you think the dealer is going to do you any favours now ? They are going to want their truck back, it is not yours, and they are going to want it back immediately. You should probably stop commenting since you have no knowledge of laws in our country. There is no favor needed since it is the law. "The Illinois attorney general’s office has seen an uptick this year in area dealers who fail to return a customer’s down payment when a spot delivery unravels, and the office has opened investigations against six dealers, assistant attorney general Greg Grzeskiewicz said. Grzeskiewicz led a July 28 meeting of the Illinois Attorney General’s Dealer Advisory Committee, which includes CATA representatives and gathers semiannually to discuss dealer-related issues. He noted one dealer who, when spot-delivering a vehicle, asks his customers to sign a statement that they will pay 42 cents for each mile the vehicle is driven if financing cannot be secured and it must be returned. Section 2C of the Illinois Consumer Fraud and Deceptive Business Practices Act forbids a seller from retaining any part of a down payment of a sale conditioned on the consumer having an acceptable credit rating. According to the act, any retention ". . . under those circumstances as a fee for investigating the credit of the consumer or as liquidated damages to cover depreciation of the merchandise which was the subject of the purchase order or contract or for any other purpose is an unlawful practice within the meaning of this Act, whether that fee or those charges are claimed from the down payment . . . or made as a separate charge to the consumer." Even in cases of repossession, Grzeskiewicz said any deposit must be returned and any trade-in must be returned if the dealer can’t arrange financing at the same term agreed to by the customer. He said some dealers were charging the customers for excessive wear to the returned vehicle, but that is not allowed." |
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Posted: 2/22/2017 12:13:16 AM EDT
[#12]
Quote HistoryQuoted:
So would it be considered theft when I want my car back that they drove to another dealer and now they can't return? After all the law isn't just one way. I have to return the truck if we can't come to an agreement, but they need to return my car and deposit as well. They better get working to figure out how they're going to pull that off. As soon as they sound concerned with that at all I will give a fuck about they're truck. Well it was not your car to begin with, it was a leased vehicle and the dealer paid it out. Or did they steal it from you and pay out your $14,000 negative out of the goodness of their heart ? Now you are driving THEIR truck around and have threatened a lawyer on them. Do you really think they are going to let you drive their truck with your scorched earth attitude ? Not very likely, you pissed them off already and they may very well have you charged with theft if you play games. |
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Posted: 2/22/2017 12:17:01 AM EDT
[#13]
This is why I don't buy new vehicles. Well, that, and I don't want $500/mo payments.
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Posted: 2/22/2017 12:18:14 AM EDT
[#14]
Quote HistoryQuoted:
Well it was not your car to begin with, it was a leased vehicle and the dealer paid it out. Or did they steal it from you and pay out your $14,000 negative out of the goodness of their heart ? Now you are driving THEIR truck around and have threatened a lawyer on them. Do you really think they are going to let you drive their truck with your scorched earth attitude ? Not very likely, you pissed them off already and they may very well have you charged with theft if you play games. Would you think that based on what has been posted so far, that the dealer is on the level? Does the dealer seem OK or does what the dealer did raise some red flags? How would your dealership have handled this situation? |
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Posted: 2/22/2017 12:21:01 AM EDT
[#15]
Quote HistoryQuoted:
You should probably stop commenting since you have no knowledge of laws in our country. There is no favor needed since it is the law. "The Illinois attorney general’s office has seen an uptick this year in area dealers who fail to return a customer’s down payment when a spot delivery unravels, and the office has opened investigations against six dealers, assistant attorney general Greg Grzeskiewicz said. Grzeskiewicz led a July 28 meeting of the Illinois Attorney General’s Dealer Advisory Committee, which includes CATA representatives and gathers semiannually to discuss dealer-related issues. He noted one dealer who, when spot-delivering a vehicle, asks his customers to sign a statement that they will pay 42 cents for each mile the vehicle is driven if financing cannot be secured and it must be returned. Section 2C of the Illinois Consumer Fraud and Deceptive Business Practices Act forbids a seller from retaining any part of a down payment of a sale conditioned on the consumer having an acceptable credit rating. According to the act, any retention ". . . under those circumstances as a fee for investigating the credit of the consumer or as liquidated damages to cover depreciation of the merchandise which was the subject of the purchase order or contract or for any other purpose is an unlawful practice within the meaning of this Act, whether that fee or those charges are claimed from the down payment . . . or made as a separate charge to the consumer." Even in cases of repossession, Grzeskiewicz said any deposit must be returned and any trade-in must be returned if the dealer can’t arrange financing at the same term agreed to by the customer. He said some dealers were charging the customers for excessive wear to the returned vehicle, but that is not allowed." Good luck with that. There seems to be a part missing in that ruling about paying out a leased vehicle. A leased vehicle cannot be used as a trade in, rather it has to be "bought out" to relieve you of your financial obligations tied to the lease agreement. One question though, did you lease the vehicle through Acura Corporate/Honda Financing or directly through the Acura dealership ? |
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Posted: 2/22/2017 12:23:03 AM EDT
[#16]
Quote HistoryQuoted:
As soon as you threatened lawyer do you think the dealer is going to do you any favours now ? They are going to want their truck back, it is not yours, and they are going to want it back immediately. Quote HistoryQuoted:
Quoted:
Illinois law says they can't charge you for use of the truck. I could run the thing on a dyno for the next week and they can't charge for the miles. I won't be doing that. As soon as you threatened lawyer do you think the dealer is going to do you any favours now ? They are going to want their truck back, it is not yours, and they are going to want it back immediately. They can shit in one hand and want in the other....see which one gets full quicker. Go suck a maple tree with your Canadian laws. |
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Posted: 2/22/2017 12:24:14 AM EDT
[#17]
Quote HistoryQuoted:
Good luck with that. There seems to be a part missing in that ruling about paying out a leased vehicle. A leased vehicle cannot be used as a trade in, rather it has to be "bought out" to relieve you of your financial obligations tied to the lease agreement. One question though, did you lease the vehicle through Acura Corporate/Honda Financing or directly through the Acura dealership ? I'm getting close to renewing my membership just so I can put you on ignore. You really are too much. |
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Posted: 2/22/2017 12:27:20 AM EDT
[#18]
Quote HistoryQuoted:
I'm getting close to renewing my membership just so I can put you on ignore. You really are too much. I'd save your money. Looks like you may be needing it soon. |
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Posted: 2/22/2017 12:31:53 AM EDT
[#19]
Quote HistoryQuoted:
Go suck a maple tree with your Canadian laws. 
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Posted: 2/22/2017 12:34:00 AM EDT
[#20]
Quote HistoryQuoted:
I'd save your money. Looks like you may be needing it soon. Quote HistoryQuoted:
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I'm getting close to renewing my membership just so I can put you on ignore. You really are too much. I'd save your money. Looks like you may be needing it soon. The good part is if you go to court you'll never go to trial, try finding 12 people that a dealership hasn't pissed off in their life. You could steal 5 cars and piss on the salesmans dead grandmothers grave, on camera, and admit it in court and you would still win the case. |
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Posted: 2/22/2017 12:34:57 AM EDT
[#21]
I'd take that bitch on a round the US road trip. Put 10,000 miles on it before returning it. I'll put a couple thousand on it for you, I've been meaning to visit my distant relatives in CO for some time now.
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Posted: 2/22/2017 12:38:58 AM EDT
[#22]
Quote HistoryQuoted:
LOL that's pretty good. I've been thinking about a sigline, mind if I borrow that ? Quote HistoryQuoted:
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Do you ride around on a moose, stealing lollipops from children, before telling them that Santa isn't real and their parents secretly hate them? That's kinda how I picture you right now. LOL that's pretty good. I've been thinking about a sigline, mind if I borrow that ? It needs to be this year's Xmas card. |
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Posted: 2/22/2017 12:48:21 AM EDT
[#23]
Quote HistoryQuoted:
Would you think that based on what has been posted so far, that the dealer is on the level? Does the dealer seem OK or does what the dealer did raise some red flags? How would your dealership have handled this situation? Good question. I do see some error in the way the dealer handled the transaction, however they did show good faith and intent by paying out the lease on the Acura. They looked at the lessors credit on paper and figured it was GTG and released the truck. Submitted the contract and had "pending review" come back from the first lending institution they sent it off to. That's when they will submit the contract to several lending institutions and get more " pending review" messages back and finally after all reviews they get " declined ". When a "decline" comes back there is always a written reason why the contract was declined. There are reasons for declined responses and the main 2 are debt service ratio and poor credit history, employment history and income tax discrepancies also come in to play but that should be seen on the credit app before it is submitted. Sometimes a credit challenge will slip through and get delivered and after the fact some new information will come out and the banks will decline unless conditions are met, such as more money down required and certain bills that the customer is in arrears must be paid out, the customer has lost their job and failed to disclose. You would be amazed at what rises to the surface once multiple declines start showing up. We immediately contact the customer that has taken delivery and get them into the dealership as soon as possible and try to get them bought through sub-prime financing if possible. If the customer refuses we automatically reposess, nobody wins at that point. If the customer does not want to give the vehicle back and tells us to pound sand, we declare the vehicle stolen and have the police handle the matter as such and we take the customer to court to recover losses. It's up to the customer how they deal with the theft charge and fraudulently obtaining property from the dealership. It's business and it DOES happen. I hope my explanation enlightens you an those who are interested. |
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Posted: 2/22/2017 12:52:51 AM EDT
[#24]
Quote HistoryQuoted:
It needs to be this year's Xmas card. That's a great idea ! My grandkids would love it ! |
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Posted: 2/22/2017 12:58:07 AM EDT
[#25]
Quote HistoryQuoted:
Good question. I do see some error in the way the dealer handled the transaction, however they did show good faith and intent by paying out the lease on the Acura. They looked at the lessors credit on paper and figured it was GTG and released the truck. Submitted the contract and had "pending review" come back from the first lending institution they sent it off to. That's when they will submit the contract to several lending institutions and get more " pending review" messages back and finally after all reviews the get " declined ". When a "decline" comes back there is always a written reason why the contract was declined. There are reasons for declined responses and the main 2 are dept service ratio and poor credit history, employment history and income tax discrepancies also come in to play but that should be seen on the credit app before it is submitted. You mean debt service ratio? Also how long does it take for these things to pop up? An hour, a day. ETA for the card you should wear a Santa suit. Put the boot in a kids chest as you tug the oversize lolly out of his hands. |
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Posted: 2/22/2017 1:01:14 AM EDT
[#26]
Quote HistoryQuoted:
As soon as you threatened lawyer do you think the dealer is going to do you any favours now ? They are going to want their truck back, it is not yours, and they are going to want it back immediately. If you can not spell "favor" correctly, your opinions do not hold any water on this side of the border. 
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Posted: 2/22/2017 1:01:47 AM EDT
[#27]
Quote HistoryQuoted: Yes debt service ratio, sorry I misspelled it. How long it takes is usually in an hour or 2, however if something cropped up in the past 30 days it may not show up on the credit report until it has been reported to the credit agencies. |
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Posted: 2/22/2017 1:02:53 AM EDT
[#28]
Quote HistoryQuoted:
If you can not spell "favor" correctly, your opinions do not hold any water on this side of the border. I can't help it if you spell it wrong. |
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Posted: 2/22/2017 1:04:23 AM EDT
[#29]
Quote HistoryQuoted:
Good question. I do see some error in the way the dealer handled the transaction, however they did show good faith and intent by paying out the lease on the Acura. They looked at the lessors credit on paper and figured it was GTG and released the truck. Submitted the contract and had "pending review" come back from the first lending institution they sent it off to. That's when they will submit the contract to several lending institutions and get more " pending review" messages back and finally after all reviews they get " declined ". When a "decline" comes back there is always a written reason why the contract was declined. There are reasons for declined responses and the main 2 are debt service ratio and poor credit history, employment history and income tax discrepancies also come in to play but that should be seen on the credit app before it is submitted. Sometimes a credit challenge will slip through and get delivered and after the fact some new information will come out and the banks will decline unless conditions are met, such as more money down required and certain bills that the customer is in arrears must be paid out, the customer has lost their job and failed to disclose. You would be amazed at what rises to the surface once multiple declines start showing up. We immediately contact the customer that has taken delivery and get them into the dealership as soon as possible and try to get them bought through sub-prime financing if possible. If the customer refuses we automatically reposess, nobody wins at that point. If the customer does not want to give the vehicle back and tells us to pound sand, we declare the vehicle stolen and have the police handle the matter as such and we take the customer to court to recover losses. It's up to the customer how they deal with the theft charge and fraudulently obtaining property from the dealership. It's business and it DOES happen. I hope my explanation enlightens you an those who are interested. Quote HistoryQuoted:
Quoted:
Would you think that based on what has been posted so far, that the dealer is on the level? Does the dealer seem OK or does what the dealer did raise some red flags? How would your dealership have handled this situation? Good question. I do see some error in the way the dealer handled the transaction, however they did show good faith and intent by paying out the lease on the Acura. They looked at the lessors credit on paper and figured it was GTG and released the truck. Submitted the contract and had "pending review" come back from the first lending institution they sent it off to. That's when they will submit the contract to several lending institutions and get more " pending review" messages back and finally after all reviews they get " declined ". When a "decline" comes back there is always a written reason why the contract was declined. There are reasons for declined responses and the main 2 are debt service ratio and poor credit history, employment history and income tax discrepancies also come in to play but that should be seen on the credit app before it is submitted. Sometimes a credit challenge will slip through and get delivered and after the fact some new information will come out and the banks will decline unless conditions are met, such as more money down required and certain bills that the customer is in arrears must be paid out, the customer has lost their job and failed to disclose. You would be amazed at what rises to the surface once multiple declines start showing up. We immediately contact the customer that has taken delivery and get them into the dealership as soon as possible and try to get them bought through sub-prime financing if possible. If the customer refuses we automatically reposess, nobody wins at that point. If the customer does not want to give the vehicle back and tells us to pound sand, we declare the vehicle stolen and have the police handle the matter as such and we take the customer to court to recover losses. It's up to the customer how they deal with the theft charge and fraudulently obtaining property from the dealership. It's business and it DOES happen. I hope my explanation enlightens you an those who are interested. However, I see the paid off lease as a large issue here. The dealer is certainly not going to eat it (willingly) and the OP isn't going to happily owe the dealership $14k without use of his old car. |
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Posted: 2/22/2017 1:05:18 AM EDT
[#30]
Quote HistoryQuoted:
You mean debt service ratio? Also how long does it take for these things to pop up? An hour, a day. ETA for the card you should wear a Santa suit. Put the boot in a kids chest as you tug the oversize lolly out of his hands. MS paint please. |
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Posted: 2/22/2017 1:07:44 AM EDT
[#31]
Quote HistoryQuoted:
That all seems reasonable to me. However, I see the paid off lease as a large issue here. The dealer is certainly not going to eat it (willingly) and the OP isn't going to happily owe the dealership $14k without use of his old car. This is why I am adamant about knowing both sides of the story. |
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Posted: 2/22/2017 1:16:19 AM EDT
[#32]
Quote HistoryQuoted:
Go for it - haven't made it on someone's sig line - i get an ARFCOM merit badge for that right? Well thanks again, with honourable mention ! |
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Posted: 2/22/2017 1:20:01 AM EDT
[#33]
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Posted: 2/22/2017 1:26:27 AM EDT
[#34]
Quote HistoryQuoted:
Does anyone still believe this was a mistake by the dealership? Sounds like the idea all along was to get the OP into a 16 at 17 prices. Just had to loan him a 17 for a couple weeks to do it. Dealer is definitely shady, story constantly changing trying to trip the OP up. One piece of advice that was offered way back at the top of this thread would let OP keep the 2017, go get a loan from your bank or credit union. OP has a purchase agreement with the trucks VIN and purchase price, plus lease payoff. Get financing elsewhere instead of putting up with the BS. |
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Posted: 2/22/2017 1:28:43 AM EDT
[#35]
Quote HistoryQuoted:
This is why I am adamant about knowing both sides of the story. (maybe)
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Posted: 2/22/2017 1:29:52 AM EDT
[#36]
Quote HistoryWe need top men on this. Top. Men. Or an artistic female will suffice. 
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Posted: 2/22/2017 1:30:44 AM EDT
[#37]
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This is why I am adamant about knowing both sides of the story. Quote HistoryQuoted:
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That all seems reasonable to me. However, I see the paid off lease as a large issue here. The dealer is certainly not going to eat it (willingly) and the OP isn't going to happily owe the dealership $14k without use of his old car. This is why I am adamant about knowing both sides of the story. What could possibly be on the other side of the story that would allow them to not give me back my old car? How can anyone even defend the fact that they paid off my lease before they had approval on a loan? Or that they submitted a contract for a 2017 as a 2016 which GM Financial has confirmed as the reason for it getting kicked back? Or the fact that they lied to get me to come in so they could try to get me to sign a different contract and I have the voicemail that proves they started this entire shit show with a lie? What side of the story are you missing? What could possibly come from the dealer that changes those facts? |
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Posted: 2/22/2017 1:32:26 AM EDT
[#38]
I'm still not sure why we are arguing about laws from a different country, who cares what they would do or not do in Canada, it does not matter in Illinois.
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Posted: 2/22/2017 1:34:00 AM EDT
[#39]
Quote HistoryQuoted:
It could have been an open ended lease. Also, if he terminated the lease early, he also was likely on the hook for the remaining lease payments and the $14k represented those remaining lease payments. You have to settle those payments before returning the car. Yeah that's not exactly how it works. If you want to ditch a leased car you do not hand over the car plus a check for the remaining payments. You can have equity in the car depending on the car's currently value compared to the lease balance + residual value. |
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Posted: 2/22/2017 1:36:06 AM EDT
[#40]
Quote HistoryQuoted:
What could possibly be on the other side of the story that would allow them to not give me back my old car? How can anyone even defend the fact that they paid off my lease before they had approval on a loan? Or that they submitted a contract for a 2017 as a 2016 which GM Financial has confirmed as the reason for it getting kicked back? Or the fact that they lied to get me to come in so they could try to get me to sign a different contract and I have the voicemail that proves they started this entire shit show with a lie? What side of the story are you missing? What could possibly come from the dealer that changes those facts? How about posting the residual value, lease balance, and year/model/mileage of your Acura? |
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Posted: 2/22/2017 1:37:50 AM EDT
[#41]
Quote HistoryQuoted:
Well it was not your car to begin with, it was a leased vehicle and the dealer paid it out. Or did they steal it from you and pay out your $14,000 negative out of the goodness of their heart ? Now you are driving THEIR truck around and have threatened a lawyer on them. Do you really think they are going to let you drive their truck with your scorched earth attitude ? Not very likely, you pissed them off already and they may very well have you charged with theft if you play games. Quote HistoryQuoted:
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So would it be considered theft when I want my car back that they drove to another dealer and now they can't return? After all the law isn't just one way. I have to return the truck if we can't come to an agreement, but they need to return my car and deposit as well. They better get working to figure out how they're going to pull that off. As soon as they sound concerned with that at all I will give a fuck about they're truck. Well it was not your car to begin with, it was a leased vehicle and the dealer paid it out. Or did they steal it from you and pay out your $14,000 negative out of the goodness of their heart ? Now you are driving THEIR truck around and have threatened a lawyer on them. Do you really think they are going to let you drive their truck with your scorched earth attitude ? Not very likely, you pissed them off already and they may very well have you charged with theft if you play games. Reading your posts reminds me of why I hate 99% of all car salesmen and dealerships, your a greaseball and yes it comes across plainly as to why... |
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Posted: 2/22/2017 1:41:17 AM EDT
[#42]
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I'm getting close to renewing my membership just so I can put you on ignore. You really are too much. Quote HistoryQuoted:
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Good luck with that. There seems to be a part missing in that ruling about paying out a leased vehicle. A leased vehicle cannot be used as a trade in, rather it has to be "bought out" to relieve you of your financial obligations tied to the lease agreement. One question though, did you lease the vehicle through Acura Corporate/Honda Financing or directly through the Acura dealership ? I'm getting close to renewing my membership just so I can put you on ignore. You really are too much. OP Dagger is trying to help you with a problem , yet you cannot possibly even consider that anything less than what you want to happen . Anytime someone has seen or experienced an issue should a least listen to and not ignore their input . In for the outcome |
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Posted: 2/22/2017 1:43:42 AM EDT
[#43]
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What could possibly be on the other side of the story that would allow them to not give me back my old car? How can anyone even defend the fact that they paid off my lease before they had approval on a loan? Or that they submitted a contract for a 2017 as a 2016 which GM Financial has confirmed as the reason for it getting kicked back? Or the fact that they lied to get me to come in so they could try to get me to sign a different contract and I have the voicemail that proves they started this entire shit show with a lie? What side of the story are you missing? What could possibly come from the dealer that changes those facts? The interest rate at which the dealer can get you approved on the contract and the interest rate on the lease you had on the Acura and how that was contracted and the payment term. Somehow you got red flagged on the deal after delivery and the dealership is struggling to salvage the deal because they do not want to lose the sale. BTW, a contract submitted for a 2017 has a much better chance of getting bought than a contract for a 2016. Ask your1savior about it, I am sure he will agree with me. |
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Posted: 2/22/2017 1:46:56 AM EDT
[#44]
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Reading your posts reminds me of why I hate 99% of all car salesmen and dealerships, your a greaseball and yes it comes across plainly as to why... CoC prevents me from responding in kind to your insult. |
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Posted: 2/22/2017 2:01:06 AM EDT
[#45]
OP you should go to a justice of the peace if you have them there and ask what you should do. Or call the state ag office.
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Posted: 2/22/2017 2:09:04 AM EDT
[#46]
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OP Dagger is trying to help you with a problem , yet you cannot possibly even consider that anything less than what you want to happen . Anytime someone has seen or experienced an issue should a least listen to and not ignore their input . In for the outcome Dagger has been argumentative (in that he's presenting an alternate perspective), courteous and informative. I've appreciated his input because it is a window into a business I know little about. If I were OP, I'd be thankful. |
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Posted: 2/22/2017 2:16:41 AM EDT
[#47]
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Good question. I do see some error in the way the dealer handled the transaction, however they did show good faith and intent by paying out the lease on the Acura. They looked at the lessors credit on paper and figured it was GTG and released the truck. Submitted the contract and had "pending review" come back from the first lending institution they sent it off to. That's when they will submit the contract to several lending institutions and get more " pending review" messages back and finally after all reviews they get " declined ". When a "decline" comes back there is always a written reason why the contract was declined. There are reasons for declined responses and the main 2 are debt service ratio and poor credit history, employment history and income tax discrepancies also come in to play but that should be seen on the credit app before it is submitted. Sometimes a credit challenge will slip through and get delivered and after the fact some new information will come out and the banks will decline unless conditions are met, such as more money down required and certain bills that the customer is in arrears must be paid out, the customer has lost their job and failed to disclose. You would be amazed at what rises to the surface once multiple declines start showing up. We immediately contact the customer that has taken delivery and get them into the dealership as soon as possible and try to get them bought through sub-prime financing if possible. If the customer refuses we automatically reposess, nobody wins at that point. If the customer does not want to give the vehicle back and tells us to pound sand, we declare the vehicle stolen and have the police handle the matter as such and we take the customer to court to recover losses. It's up to the customer how they deal with the theft charge and fraudulently obtaining property from the dealership. It's business and it DOES happen. I hope my explanation enlightens you an those who are interested. You left out the part where OP called GM Finance and they said he was not declined, but the application was declined because the year of the car was wrong. All they need to do is resubmit the app with the corrected date, so they have no legal grounds to repo the car yet as the terms of the contract he signed are valid until they can show he was declined for credit related reasons. That will not stop them from repo, but they will have no standing in court. You also left out the fact that the dealer lied to OP and tried to get him to return to the dealership to fix his plates. The dealer lied to OP by later telling him that he was declined financing by GM Finance, which GM finance has since told OP directly is untrue. They are playing games with OP. OP should not have mentioned lawyers as one of the owners probably owns a law firm. OP should consult immediately with a lawyer and stop contact with the dealer until a plan is devised. OP, you did nothing wrong, but these people are not like you or most other normal civilized human beings. They are wolves in their industry and we are sheep to them. Not all car dealerships are like this but the bad ones attract the scum of the earth as employees. Based on the Yelp reviews I think you are dealing with a very bad one. You need professional help. Dont try to navigate these waters on your own. These guys can be beat and I think you are standing on solid ground, but remember that they do this every day and a lot of them have been doing this their entire adult lives. Normal people buy a car every 3 to 5 years and are often taken advantage of by dealers for money and sport. |
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Posted: 2/22/2017 2:22:49 AM EDT
[#48]
Quote HistoryQuoted:
Somehow you got red flagged on the deal after delivery and the dealership is struggling to salvage the deal because they do not want to lose the sale. Fixed it... Somehow you got red flagged on the deal after delivery and the dealership is struggling to salvage the deal because they do not want to lose their ass. OP... Have you checked your credit report for hits? Wouldn't this show how many times the deal had been "shopped" to different lenders? |
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Posted: 2/22/2017 2:22:53 AM EDT
[#49]
Quote HistoryQuoted:
You left out the part where OP called GM Finance and they said he was not declined, but the application was declined because the year of the car was wrong. All they need to do is resubmit the app with the corrected date, so they have no legal grounds to repo the car yet as the terms of the contract he signed are valid until they can show he was declined for credit related reasons. That will not stop them from repo, but they will have no standing in court. You also left out the fact that the dealer lied to OP and tried to get him to return to the dealership to fix his plates. The dealer lied to OP by later telling him that he was declined financing by GM Finance, which GM finance has since told OP directly is untrue. They are playing games with OP. OP should not have mentioned lawyers as one of the owners probably owns a law firm. OP should consult immediately with a lawyer and stop contact with the dealer until a plan is devised. OP, you did nothing wrong, but these people are not like you or most other normal civilized human beings. They are wolves in their industry and we are sheep to them. Not all car dealerships are like this but the bad ones attract the scum of the earth as employees. Based on the Yelp reviews I think you are dealing with a very bad one. You need professional help. Dont try to navigate these waters on your own. These guys can be beat and I think you are standing on solid ground, but remember that they do this every day and a lot of them have been doing this their entire adult lives. Normal people buy a car every 3 to 5 years and are often taken advantage of by dealers for money and sport. He certainly wasn't accepted by GMF and he got a canned response from them. 
I'm going to bed. |
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Posted: 2/22/2017 2:24:50 AM EDT
[#50]
Quote HistoryQuoted:
He certainly wasn't accepted by GMF and he got a canned response from them.
I'm going to bed. How do you know? |
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