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The Stick
Join Date: Dec 2007
Location: Someplace Safe?
Posts: 17,328
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I bought two cars from an AMC dealership that was borrowing money from AMC for the new cars he had on the lot and got his loans called in when Chrysler bought AMC. Because the cars weren't worth the loan values, ie depreciation, they sent him to jail for it. it's not just the dealers that are crooked. Know that's what happened because the Chrysler lawyers contacted me. They were telling me that I not only had to give the car back but had pay depreciation because I didn't actually own the car. Only by producing copies of my paperwork showing I transferred the title from AMC to me as a bill of sale was i able to keep them from taking it or any of my money.
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Richard aka "The Stick"
06 Cayenne S Titanium Edition
Last edited by RKDinOKC; 01-08-2016 at 01:04 PM..
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