My purchase contract?

Not sure if this is the correct forum to post regarding the purchase contract on our o4 X3 but, Ive tried to resolve this when I first got the car with no luck. Its now over a year and I have to find out if I was ripped off as badly as I think i have been?

Does anyone know who I can talk to or show my paperwork to and get some answers?

One quick question: When you are on a dealers site looking at used cars online and you find one click on the picture etc. You make an inquiry on that car via email with flyer attached. Set up an appointment with salesman, arrive to meet the guy, see the actual email printed out on his little desk. If that car was listed at $13998, why on the sales contract why do I see "cash price of $15632? I called the manager and ask him why he charged us $15632. when he had it listed at $13998.? He says there are numerous reasons why the price would be higher, your credit bla bla. A bunch of BS is all he could come up with. I called the same dealership but on the other side of town and posed as someone interested in one of their cars, ask the same question, this guy said, you would get that car for that price that is listed, period. I knew it but they werent hearing me, Id call and they would just leave me on hold.

Why did he change the price? He also listed us as walk ins, we werent? They also set us up with a crooked insurance company as well. We purchased full coverage which debited 289.? buck straight out of my bank but on the contract doesnt show us having insurance. Then while husband was signing paperwork (I knew we were getting screwed) The salesman ignored me completely and kept saying just sign here John. Anyway, He tells us we have to buy GAP insurance, I said why? We went back and forth, nothing resolved. We get home and I start reading the contract, I see the $500 charge for the GAP. Call finance company and they acted like I was speaking in hebrew, didnt connect the dots. After hours back and forth again, I got no answers.
One last thing, somehow I ended up with the original quote that the lender faxed over to the dealership with all the details of the loan, on the very bottom I see this little note saying something about deferred payments, if this was the case, it had to be disclosed.
Well, Traded my car in + they wanted another $1500 = $2500 down. The $1500 was deferred but on the contract it shows we paid them a cash payment. The guy even tells Johnny, When the bank calls you and ask you about the down payment, tell them you put $1500 cash down. Sure enough, they called and ask and Johnny told them he had.

I have the paper where the salesman worked out the payments with dates on the back of that quote from the bank.
The worse part of all of this, my husband is paying 23% interest with a $545.00 monthly payment. IVE BEEN SICK SENSE HE DID IT. Kind of like the towing story! We had just got screwed on the PT Cruiser and needed a different car, so again, he signed without listening or reading sht. As usual I have to try and clean up the freaking mess every damn time.

Is there anything I can do. We have paid for over a year on that car only late once if that and the other day I looked at his credit report and it shows he owes almot 20k. OMG.ARE YOU KIDDING ME............. WTF

HELP ME PLEASE.

Originally Posted by leannaluv

Not sure if this is the correct forum to post regarding the purchase contract on our o4 X3 but, Ive tried to resolve this when I first got the car with no luck. Its now over a year and I have to find out if I was ripped off as badly as I think i have been?

Does anyone know who I can talk to or show my paperwork to and get some answers?

One quick question: When you are on a dealers site looking at used cars online and you find one click on the picture etc. You make an inquiry on that car via email with flyer attached. Set up an appointment with salesman, arrive to meet the guy, see the actual email printed out on his little desk. If that car was listed at $13998, why on the sales contract why do I see "cash price of $15632? I called the manager and ask him why he charged us $15632. when he had it listed at $13998.? He says there are numerous reasons why the price would be higher, your credit bla bla. A bunch of BS is all he could come up with. I called the same dealership but on the other side of town and posed as someone interested in one of their cars, ask the same question, this guy said, you would get that car for that price that is listed, period. I knew it but they werent hearing me, Id call and they would just leave me on hold.

Why did he change the price? He also listed us as walk ins, we werent? They also set us up with a crooked insurance company as well. We purchased full coverage which debited 289.? buck straight out of my bank but on the contract doesnt show us having insurance. Then while husband was signing paperwork (I knew we were getting screwed) The salesman ignored me completely and kept saying just sign here John. Anyway, He tells us we have to buy GAP insurance, I said why? We went back and forth, nothing resolved. We get home and I start reading the contract, I see the $500 charge for the GAP. Call finance company and they acted like I was speaking in hebrew, didnt connect the dots. After hours back and forth again, I got no answers.
One last thing, somehow I ended up with the original quote that the lender faxed over to the dealership with all the details of the loan, on the very bottom I see this little note saying something about deferred payments, if this was the case, it had to be disclosed.
Well, Traded my car in + they wanted another $1500 = $2500 down. The $1500 was deferred but on the contract it shows we paid them a cash payment. The guy even tells Johnny, When the bank calls you and ask you about the down payment, tell them you put $1500 cash down. Sure enough, they called and ask and Johnny told them he had.

I have the paper where the salesman worked out the payments with dates on the back of that quote from the bank.
The worse part of all of this, my husband is paying 23% interest with a $545.00 monthly payment. IVE BEEN SICK SENSE HE DID IT. Kind of like the towing story! We had just got screwed on the PT Cruiser and needed a different car, so again, he signed without listening or reading sht. As usual I have to try and clean up the freaking mess every damn time.

Is there anything I can do. We have paid for over a year on that car only late once if that and the other day I looked at his credit report and it shows he owes almot 20k. OMG.ARE YOU KIDDING ME............. WTF

HELP ME PLEASE.

I wouldn't trust the credit report payoff. I would call the finance company or see if they have a website. If everything was in writing you're probably stuck. If you have a 23% interest rate I'm assuming you have bad credit so refinancing is out. So your only option is pay, on time, every single month, and be sure to keep good records. If you haven't already...... tell them you need paper statements. That way you'll have a hardcopy record of your payoff progress.

sell the car?

Originally Posted by Dominic49

sell the car?

Running a generic value on Edmunds it looks to be worth about $7,000.00 private party so she would have to pay big to get rid of it.

During my Army days I had to deal with this very situation many, many, times with my new soldiers getting caught up by the "easy financing for active duty" car lots right outside the gate. Unfortunately these things usually don't end well. You get stuck with a worn out old POS that oftentimes has a salvage title and is always priced way over what it's worth. The military has the power to put these places on the "Off Limits List" if they are too bad so I had more clout than what this lady has.

Ahh yes, the "Off Limits" List. One that was avidly awaited each month when the Naval District Commandant issued his list for the area. The sailors called it the "Liberty List" -- but of course they were not thinking of used car lots.
Leeann perhaps there is a legal aid society you can get some help from. These slicky guys thrive in the dark and are loath to have the light of attention focused on them. A well crafted letter from a lawyer might have the effect of getting some sort of buy back agreement. If you are lucky, the next time -- go to a place other than that one on the outskirts of town with the dusty plastic flags and the salesman wearing snakeskin boots. Good luck!

Originally Posted by UncleJ

If you are lucky, the next time -- go to a place other than that one on the outskirts of town with the dusty plastic flags and the salesman wearing snakeskin boots. Good luck!

I couldn't agree more!!! The cars these folks sell are the ones that go straight to the auction when traded in at dealer car lots.