Christopher Dodge World! Dumbass!!!!

[Colorado Luckydog]

I have been in the car business for years. I'm proud to work where I work at but these kind of assholes do their best to give us a bad name. I think someone's going to jail, as well they should be!!!!

http://www.thedenverchannel.com/news...57/detail.html

[sniper7]

The numbers don't add up. 5% interest rate increase which they claimed was $13 a month can not come out to $3000 in additional interest. Unless it was for almost 20 years!!! Most car loans are no more than 6 years.
I think they got giddy about new cars and signed the deal.

Just another reason I pay cash for my vehicles. Screw paying interest.

[Geology Rocks]

wait...shaddy yes but i have some questions.

1) who the hell buys a car at 13% interest?
2) they didnt have to buy anything. dealers have played hard ball with me. I told them to shove it and walked.
3) why not walk and have a lawyer deal with it? you dont sign a new contract to get out of an old one...

maybe this is why they have a 13% interest rate to begin with? the dealer sucks...and should be shut down.

joe

[ghettodub]

If it's a legit story, well, then they suck and should be shut down or penalized somehow.

But who knows, this could be some people trying to get out of being financially irresponsible as well. Just like the Prius crashes, etc last year

[ChunkyMonkey]

Probably a couple of bad credit customers who were turned down by bank and resigned (forged) at higher rate for approval. The dealer is probably going to pay down the interest to match the original signed paper rate to avoid further publicity.

If you are looking to buy cars from stealership use your company/LLC and contact its fleet department. Typically you get to see their invoice (cost to them) +plus dealer pack+dealer handling. Allow them $500 profit and you are good to go. My commercial funding side sometimes deals with heavy equipment or fleet buyout.

[Colorado Luckydog]

Bad credit and high rates are one thing but forgery is another. I run a bad credit department for a Ford, Lincoln, Mazda, Jaguar and Volvo store. I see people leave at 21% everyday. Bad credit is no reason to screw someone. In todays economy, I see people that were recently 800 credit scores filing bankruptcy, left and right. Bad things happen to good people.

[cebeu]

"...see people leave at 21% everyday."

That just blows my mind, and probably at 60-84 months too, eh?

[ronaldrwl]

I've had very poor experiences with Christopher's Dodge World. I was not happy when they were chosen to stay open when Obama took over Chrysler. The best dealer to work with was on Wadsworth (now gone). I bought 3 cars from them. Zero from CDW. They use every trick to get you to over pay. They told be my 7 year old Jeep was worthless as a trade-in and tried to steal it from me.

[Colorado Luckydog]

That just blows my mind, and probably at 60-84 months too, eh?

When you have a couple of repossessions, I think you are lucky for a bank to finance you at all.

[cebeu]

When you have a couple of repossessions, I think you are lucky for a bank to finance you at all.

Huh? I thought "those people" were sent to a debtor's prison? When did that change?
















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