Sullivan Pontiac dealer relly *^&^@# us over

[YellowJacket]

I'd still be weary. I'd definitely require that they put their intentions in writing.

Also, I'm not sure why they want you to pay the first payment first. To me, that likely transfers the burden from the dealership to the finance company. I could envision a scenario where the dealership assumes responsibility for potential mistakes in the loan package until the customer pays the first payment, based on the assumption that when you pay a payment, you're implicitly saying that there are no problems w/ the financing. As such, I'd push to have this worked out BEFORE any payment is made.

[super66]

Originally Posted by YellowJacket

I'd still be weary. I'd definitely require that they put their intentions in writing.

Also, I'm not sure why they want you to pay the first payment first. To me, that likely transfers the burden from the dealership to the finance company. I could envision a scenario where the dealership assumes responsibility for potential mistakes in the loan package until the customer pays the first payment, based on the assumption that when you pay a payment, you're implicitly saying that there are no problems w/ the financing. As such, I'd push to have this worked out BEFORE any payment is made.

DJ, saw my brother go through a terrible experince with Jeep in Schaumburg and I too would still be leary, don't want to make you uneasy or anything but I would get anything regarding this in writting, if the only contract that exists that is signed is the one with the balloon payment, I would not rest easy at night,

did they give you an explanation regarding why having to wait for the first payment??? sticky situation and nice catch on your part, too bad they tried to pull it....I wouldn't trust them....they should rip up the thing today and start over but that's just my take on it.....