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SportTrac Discussion
General Sport Trac Discussion
This is crazy, a must read!
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<blockquote data-quote="shawn stonbraker 2" data-source="post: 812009" data-attributes="member: 62109"><p>bcbyrd, you have a long road ahead of you. My father-in-law a few years ago, bought a '03 Mountaineer of a local dealer here. It was a trade and he traded a Caddy STS in on it. They supposedly paid off his STS and gave him a pretty good deal on the Mountie. Here what they were doing was, taking vehicles in on trade, then selling them without paying off the remainder of the loan. He didn't realize what happened until it was time to register his Mountie that the vehicle wasn't paid off from the original owner and the state wouldn't register it. (by then his STS was already sold and his loan wasn't paid off either (not sure why his bank didn't say anything by then)) He couldn't get it registered until after the court hearing, so it sat in his driveway for almost 6 months. Not saying this is exactly like your situation, but somewhat. You may not have to give the truck back, you will probably have to go through the whole finance thing again, but may not get the same price you did. The dealer should take a hit on it, but doesn't mean they won't try to get you to take some of the hit for it also.</p><p></p><p></p><p></p><p>Best thing is to get a lawyer and be sure and report them to everyone you can. Something shady is going on there and unfortunately you are caught in the middle.:angry:</p></blockquote><p></p>
[QUOTE="shawn stonbraker 2, post: 812009, member: 62109"] bcbyrd, you have a long road ahead of you. My father-in-law a few years ago, bought a '03 Mountaineer of a local dealer here. It was a trade and he traded a Caddy STS in on it. They supposedly paid off his STS and gave him a pretty good deal on the Mountie. Here what they were doing was, taking vehicles in on trade, then selling them without paying off the remainder of the loan. He didn't realize what happened until it was time to register his Mountie that the vehicle wasn't paid off from the original owner and the state wouldn't register it. (by then his STS was already sold and his loan wasn't paid off either (not sure why his bank didn't say anything by then)) He couldn't get it registered until after the court hearing, so it sat in his driveway for almost 6 months. Not saying this is exactly like your situation, but somewhat. You may not have to give the truck back, you will probably have to go through the whole finance thing again, but may not get the same price you did. The dealer should take a hit on it, but doesn't mean they won't try to get you to take some of the hit for it also. Best thing is to get a lawyer and be sure and report them to everyone you can. Something shady is going on there and unfortunately you are caught in the middle.:angry: [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
This is crazy, a must read!
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