Quote:
Originally Posted by GH85Carrera
He said he would not sell it outright, only sell it on his loans. He had a device to remotely kill the starter and locate it. He said he has sold that truck several times, the owner misses a payment and he repossess it.
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This reference was posted on another website but every SE Michigander remembers the jingle "Mel Farr, superstar, for a far better deal"
https://www.crainsdetroit.com/article/19991115/SUB/911150887/mel-farr-sued-over-car-disabling-device
November 15, 1999 12:00 PM
A separate complaint accusing Farr of fraud and violating the Michigan Consumer Protection Act was filed on Nov. 10 also in Wayne County Circuit Court. A Farr representative had no comment.
The 14-franchise group installs the electronic device, called ``On-time,'' on every vehicle financed through its Triple M Finance Co., a sub-prime finance company.
Last summer, former Detroit Lions star Mel Farr Sr., the owner of the nation's largest black-owned business, drew negative media attention after two customers filed lawsuits alleging that the electronic devices shut off their engines while they were in traffic. Also, Farr was criticized for charging customers interest rates of more than 20 percent.