I been screwed by a dealership, still trying to resolve it, but I am stuck with a broken car, its financed, what are my options?
2007-07-07 12:54:21 · 15 answers · asked by Skyline 1 in Cars & Transportation ➔ Buying & Selling
You will have to kill your credit if you do not pay. I recommend return the car to where you bought it for repairs be nice. Give them the question why should I keep paying for a car that is not reliable? And has been in your shop for over 30 days? Used cars are sold AS IS NO WARRANTY Or remainder of factory warranty. Did you buy additional extended warranty coverage? Hire an Attorney two car payments cost. But I bet there will be action resolving the issue. Some times a good Lawyer letter head and correctly worded letter is all it it takes. More back ground information would help.
2007-07-07 13:08:46 · answer #1 · answered by John Paul 7 · 0⤊ 0⤋
If you just stop paying for your car payments, regardless the reason they'll send out the repo men! Its better to get a lawyer involved in the situation your in than to let the bank have it back.
You'll have a huge black mark on your credit, and make financing another vehicle near impossible or at an extremely high interest rate.
2007-07-07 13:17:44 · answer #2 · answered by Amanda S 4 · 0⤊ 0⤋
Lemon laws only apply to new cars! You didn't state whether your car is new or used. If it's a used car, then you should have done your due diligence before you bought it and agreed to pay for it and made sure you knew what you were getting into. You have to pay for the car, either continue making payments, or sell it and pay off the loan, which is going to be hard if the car is "broken". Unless you can successfully prove fraud or misrepresentation on the part of the dealer, which will also be hard to do.
2007-07-07 13:03:13 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I know some places reposess your car if you miss 3 consecutive payments -- NO MATTER WHAT! Do you have some kind of "Lemon Law" in your area? How about reporting this dealership to your states Attorney General's Office, Consumer Affairs Division. And if they are a member of the Better Business Bureau report the dealership to them also.
2007-07-07 13:02:11 · answer #4 · answered by alwyzbroke2003 2 · 0⤊ 0⤋
If you stop paying for it, it will be taken by the dealership eventually, and mar your credit like you wouldn't believe.
As far as the car being a lemon, well, you have to go through the motions in order to resolve it, so that your credit isn't affected.
2007-07-07 13:02:22 · answer #5 · answered by perfectlybaked 7 · 0⤊ 0⤋
First of all, you need to know, if your car has any kind of warranty. Or if the warranty expired.
Secondly, if you don't pay the finance company, they will repo your car. Then sell it. IF they sell it for less than you owe, they will come after you for the difference. Meaning it is possible for them to repo the car AND you still owe them more money. Naturally, a repo on your credit is not a good thing.
Good luck!
2007-07-07 13:32:30 · answer #6 · answered by piperpit316 1 · 0⤊ 0⤋
if the same thing keeps breaking over and over and you got the same thing fixed over and over you can get the lemon law on them. Other then that i would tell them to fix it and if they do not tell everyone else that they are bad business people and tell them do not buy a car there. Maybe even stand 100 ft away with a great big sign saying THEY SELL JUNK CARS.
talk with a lawyer but you have to pay for the car or it will get repoed.
2007-07-07 12:58:51 · answer #7 · answered by knowssignlanguage 6 · 0⤊ 0⤋
The car will be repo'd, your credit will be wrecked, (unless you bought from a buy here/pay here). My question is how did the dealer screw you? Was there a gun to your head when you signed the sales agreement? Dude....you have to take the hit, repair your car, make your payments, then do your homework the next time you buy. If anything, you screwed yourself.
Good luck.
2007-07-11 11:56:11 · answer #8 · answered by jefx1965 3 · 0⤊ 0⤋
Look at the paper you signed. It says 'AS IS' or 'WARRANTY void if,,,,,'
If it is a known problem with that vehicle go over the dealerships head and talk to a Company Rep.
It will be repossessed if you fail on your obligations as agreed to in the contract.
Good Luck.
2007-07-07 13:10:31 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Is this vehicle used? If so then more than likely there was NO warranty which means the dealer is not responsible. If there is a warranty it is probably so limited that it wouldn't cover anything anyways. If you do not pay your car will be repossessed and your credit will be ruined.
2007-07-07 13:36:22 · answer #10 · answered by Anonymous · 0⤊ 0⤋