http://www.news10.net/display_story.aspx?storyid=35157

 

Wow, i bet that repo company made some good money that day.

 

To bad for their customers. That Cristina looks kinda hot!

 

That give me an idea for class action ? Thanks Mr.Scott

 

There's been a lot of the unpaid trade in issues with dealers lately. That's why it's better to trade after your car's paid off. You almost never do as well in the deal when you have the dealer pay off a balance anyway.

I'm surprised that a dealer had that much inventory on their lot with loans from Ford Motor Credit. I always thought they paid as they went or got short term bank loans to buy inventory and waited for the incentive kickbacks when they sold the cars.

If Ford Motor Credit holds the note that tells me the dealer probably wasn't in a good credit position and begged Ford for a bailout.

 

The last time I read about something like this, guys with names like Tony, Angelo, and Vito were involved. Is there anyone near Vacaville that can get TMS members up to date?

 

 

Unreal!!

 

Wow, that's pretty cool. Pretty fun, the dealerships name is "cowville" in spanish

 

I bought a used '06 GT in august and traded my '05 v6. 6 weeks later the dealer still had not paid off my loan OR sent the title for the '06 to the BMV. Thankfully this was all very local so with pressure from my credit union AND the BMV they finally did what they needed to do. The WORST part about it was I was driving a car not titled to me with plates that expired 30 days after the sale (and were still registered to my '05) and I could not get plates because they never sent the title. GRRR. And on top of that they put my '05 up for sale ONE WEEK after I traded it in and it was still in my name the whole time, with people test driving it. Great.

Too bad for them they will not get the sale when I buy my '08. Jerks.

 

and seems a few dealerships up up creak over situations as this and there is going to be a big crackdown on a lot of them so they'd best BUCK UP right now ! hint hint.