Auto Source America

Auto Dealer Spies

This "Dick" from Mankato, Minn. is giving arguable advice. An attorney would provide more accurate advice; however, you will probably go through what all "duress contract" (rather than "spot deliver") victims to through.
If you go to a law firm, the lawyer will know exactly what to do and he or she will require a deposit of some amount of money (retainer) to begin an action. You will then be...

Posted by Ted on January 28, 2007. Brought to you by ripoffreport.

Not necessarily correct Nikki...

I approve all of the loans for auto dealers with my Bank. I usually work Saturdays, and most of my dealers have access to me via cell and it is not uncommon for me to approve a deal over the phone after normal business hours. In addition, most lenders have special plans in effect for very creditworthy borrowers where there is no need for a preapproval. If plan guidelines are met, the lender...

Posted by John on January 28, 2007. Brought to you by ripoffreport.

The "need more money" has happened to me too.

Many years ago when I financed my first car, I was called 1 week later and told we had to put down another $1000 to get financed. We went into the dealership and told them we did not have the money. They tried everything they could think of, but we really didn't have the money. Then they asked what other options I had. I told them to take the car back and give us back our trade. In the end,...

Posted by Nikki on January 26, 2007. Brought to you by ripoffreport.

My husband and I walked in to the Auto Source America lot on Chester avenue on 1/22/07, and bought a 1994 Jeep Cherokee.They ran my credit, which they said was good. They took $1,000 down for the $5,000 jeep, we signed the papers, and we drove home happy.
Never did they mention that if they couldn't finance me I'd have to come up with an additional down payment. Neither was this "pending of...

Posted on January 26, 2007. Brought to you by ripoffreport.

Tracy, I don't think you're done yet

From what I've read on ROR, I think the dealer's next move will be to report the Jeep as stolen.
What they've done is a spot delivery. Very common scam, I've seen dozens of reports on ROR.
Without financing, you don't really own the vehicle. It hasn't been paid for, contract or no contract. You'll either have to put more down, or return the Jeep.
I know that's not what you want to hear, but...

Posted by Dick on January 26, 2007. Brought to you by ripoffreport.