Overhaulin'

Can you beleive this happened regarding a vehicle and getting ripped off this badly? YOU WON'T BELIEVE IT?

So someone sees a car for sale on a car lot, it says $3,500 So this person goes into the sales office, the next thing they know it says $8,500 on the loan paper work. But for whatever reason they still sign it. It's for a Chevy Cavalier 2001 z24. A few months later the engine and transmission both blow up on the freeway. The owner of the car calls the finance company, the finance company says you have to get the car fixed. So the owner spends $1,600 on a used engine to be put in, Stupidly the guy who put in the engine says after he gets the money ' oh it still won't run because it also needs a new transmission' He NEVER mentioned that. The owner then decides if they had knows that was the case they NEVER would have put in the engine, but just bought a brand new car. Then the finance company calls the house every day bugging the owner and their whole family, pretty soon they work a scheme up to trick the owner into bringing their car to a transmission repair shop, saying that the repairs will all be done for free via the finance company, when the bill for the transmission to be put in it comes to around $2,500 and the finance company and the transmission shop are both calling the owner saying that the owner has to pay it or they will impound the car and ruin their credit. Etc.....so the owner pays for that. Then a few weeks later the owner has no money by now to pay any of their bills and so the car is repossessed, finance company sends a letter saying they sold the car for $200 and that they also need the loan balance of $4,000 . Why didn't they just have the owner pay off their loan balance instead of wasting it on fixing the car? And what's worse is every friend, every relative that the owner asked for advice no one was smart enough to help in any way shape or form, or to figure it out?

Public Comments

1. I think the easiest way out is to see a lawyer about filing for bankruptcy.
2. wow sounds like a bad rip off but speak to a loyer
3. no, i cant believe it!
4. Anyone dumb enough to sign for a vehicle jacked up $5,000 knowingly deserves what they get! They are especially stupid if they are the type of person that needs glasses to read and has 3 pair but never has them with them. If that was the case all you people that always need the menu read to them because their arms are not long enough to hold the menu at their focal point should learn a lesson.
5. either they are too stupid to be driving anyways,or this story is total b.s.
6. $3,500 down on the window $8,500 was twice what that car was worth. Then high interest insurance some repairs. No doubt that car was a piece of crud before the lot sold it. It probably has been making lot's of money for repair shops and used car lots for a long time. Where Cavalier Guy went wrong was not having an Attorney send a letter of intent sent to the used car lot. "saying the lot misrepresented this car" and they must take it back refunding money because cars purchased must be able to run and drive. But after 2 to 3 months or more than 1,000 miles the new owner got use out of that car. Each state is different on used cars. There is no LEMON LAW that is for brand new cars. At the used car lot that guy could of easily turned around and walked out. I am sorry that he bought the lowest payment car and had problems. You get what you pay for. Next time have financing ready pay what you want and always get the car mechanically checked out by a third party mechanic shop.
7. if they bought the car "as is" than there wont be a warranty,,for $8500 there should be a warranty,, the $8500 was most likely the payoff including interest and charges if all payments were made on time,,,,,and the engine and trans usually dont go at the same time unless the engine was run very hot untill it ceased and the trans temp went over 300deg ,,heat is death to a trans,,so when the motor went the trans was already gone ,, take better care of your car it will last longer
8. Prove 'intent' and he can go to jail!
9. Is this really a true story?