Do I need a lawyer?
I trade in my 08 Windsport to a brand new 2014 Winnebago last November, The pay off of the first loan is $75000, I had paid an extra $20,000 for the upside down pay off on the first loan during the pu...
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hardtobe wrote:Effy wrote:hardtobe wrote:Effy wrote:
I find this an odd scenario as you can't change registration or clear a title of a vhicle unless all leins against it are satisfied. The whole thing sounds shady.
Effy it is very very shady indeed. Dealer wont clear title till
its sells it or is forced to(in this situation) clearly this dealer is a scum bag
Not sure how it works in CA, but in MD, but you can't transfer ownership without a title, and you can't get that until liens are satisfied. I find it an odd scenario where a dealer that traded a unit for you would wait until it had a buyer to do the title work? Aren't there laws in place to prevent this? I can't say I'd put myself into this situation. technically you could repo the old unit since the dealer doesn't own it. You do. Repo it, sell it private, and you make out, dealer loses. Cuz you're paying for it anyway.
its not odd at all.They use your money to pay for the trade till they find a buyer.Then they pay out the lien on the MH.I find it odd that the bank never insisted on discharging the one loan and transferring it to the new unit as to protect their customer from fraud like this is.I hold my loan institution as responsible as this crooked dealer for not looking out for my best interests. Mc######## RV in CA are famous for this tactic.A friend of mine got caught with $300 in interest charges because they took over a month to clear tile on his trade
On the news about a year or so ago...Mc######## RV in CA sold a man's RV on consignment and it took forever for him to get his money. An appearance on the local news station moved the process along really fast. I would never consider doing business with them from that one incident seen on TV.
The calls to the dealership over and over must have been extremely frustrating. You can only imagine how much garbage this guy had to go through before he finally decided to take it to the news media.
MM.
