Car dealership defaults

Sheesh! It sounded like my builder who built my house went bankrupted and I got letter from Court asking me if I could come to sue my builder if he owe lien on my house. Luckily, I had different loan when I bought the house and not under builder's loan. Whew!!

So very much like auto dealership. I have different loan and it's not under any dealership's.

Gee whiz!

I bet this could get real sucky and ugly this summer and will soon see dealership closing down their biz. I think I saw Porsche dealership is closing cuz I can see no Porsche in showroom. :eek2:

Catty
 
i bought another truck last april and owed on the vehicle a traded in. i had the loan account on the old vehicle set up where i could access it online. i checked it online a few weeks after and expected to find that it had been paid and closed and it wasnt! we called the dealership and complained and they pulled the file and apologised and said payment would be sent out that day to pay it off. i kept checking and they did have it paid off within a week after that. that dealership was a "used car" lot for a new car dealership in another town and that used car lot ended up going out of business less than a year after it opened. had other problems with them too and ended up filing a complaint with the BBB.
 
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