J and J Auto Sales

Response taken by phone: We fixed the car for her

Review: I purchased a 2002 Toyota Corolla on 4/29/13. The purchase price was $4495.00 plus $481.00 (tax registration and inspection fees) for a total of $4976.00. I purchased the car from J&J Auto Sales. I signed paperwork on 5/7/13 (I did not sign the first page) I misplaced the paperwork & requested duplicates from Westlake Financial. Westlake Financial is the company that my car was financed through. Unfortunately when I was presented with the paperwork to sign by [redacted] @ J&J Auto Sales I did not look over the numbers & I trusted they were correct. I began making monthly payments of $250.90 to Westlake with first payment made on 6/12/13. (payment made before that due date). I was speaking to a relative about what my payments were and for how long & he pointed out to me that the payments would add up to much more than interest rate of 21.49% on purchase price of $4976.00. I took a close look at the first page of the retail installment contract (RIC) and saw that the amount to be financed was $6,188.60 instead of $4976.00. I had also made a down payment of $1500.00 (which is shown on the RIC - but it isn't taken off after all payments & interest have been charged.

From my point of view this is how the charges should look:

$4976 purchase price

- $1500 down payment

= $3476 amount to be financed.

Then payment of interest rate accruing with each payment.

I contacted [redacted] at J&J's and asked him where the $6188.00 amt. to be financed came from. He said that I had signed the papers. I said that if the numbers are wrong then wouldn't he want to fix them. I was at his office and he jumped up and screamed , "I'll call the state troopers to make you leave! You can't accuse me of fraud! I want you to sue me because I'll take you for every penny you have!" I was stunned & left his office. I then contacted Westlake & I said that I would send them a copy of the purchase agreement (see copy of fax cover sheet). I waited a few days & then called Westlake to discuss this. I made 5 more phone calls to Westlake over the next 3 weeks & did not get a call back. Finally I called Westlake & said that I would submit this case to the Revdex.com & the Attorney General & received a call back the same day. The person I spoke with said that the $6188.60 is the credit financing amount. (I still have no idea how they came up with this number). I got the impression from Westlake that Westlake for the number from J&J's.Desired Settlement: I really wish that I could have spoken with [redacted] @ J&J's about this situation, but he really frightened me with his behavior. (screaming & threatening me).

I would really appreciate your assistance in the matter. Again, I didn't sign the first page of the RIC & I didn't have a copy of it until I got replacement copies from Westlake. Please also note that one the first page of RIC that under sales agreement it sayd that the principal amount is $6188.00 instead of $4976.00.

Business

Response:

The consumer did not fully understand the financing agreement with the lending company involved that she had signed. They charged her an origination fee upfront on top of the interest due to her credit score. She agreed to it and saw all the papers and signed it. We, as the seller of the vehicle, are not charging her the loan origination fee, the lenders is. She needed a new car since her car was so unsafe. We sold her a safe vehicle and found her second chance financing. I have attached the documents.

Consumer

Response: