Harley salesman and finance reps stuck me with 18,999 interest rate, i said no way, they said just for 6 months make payments come back in and they would refinance at 6%. I made 6 months payments, went back and talked to same finance manager who told me this she said harley does not refinance. They told me this just to make the sale, and now i am stuck with high interest rate, no bank will finance $17,000 motorcycle that is only worth $10.500,
I have made payments for over 4 years and still owe $15,000, i have paid them over $22,000, just stared hitting princple after 4 years.$50.00 out of $400.00 comes out to princple rest is interest, i called corparate office and told them about it and all they said was yes, we are mad at our sales reps and finance managers for telling consumers this, because i am not the only person they have done this to, yet HD-finance or corparate will not do anything about it!!! Yet they acnowlidge there reps are misleading and telling people this just to make the sale.
Something need to be done, there has to be a law against this, i love my harley but not that much! They also said interest was yearly, but it is not, it is daily which adds up to a lot more $ in ther pocket, mislead you and lie to you all the way around, and then your stuck with bike, turn it in, it goes to harley dealership only auctiun, they buy back for a few thousand, then they hit you with bad credit debt for the remaining balance, thousands of dollars, is there any help on this matter out there???
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