Its not just the actual car owner's being ripped off! I took possession of a vehical 26 months ago and realize I was a complete blessing to the actual owner of this vehicle!
I kept and maintained the vehical in excellent condition. The milage was kept below allowed mileage, no accident claims had been made, and I had vested interest of $17,208 (25 payments,)$2800 down to take possession of vehical, and paid 2004 and 2005 tags and registration. Plus insurance premium's and maintenance kept on vehical.
During the last 2 years I have cleaned up my credit and just purchased a new home. During the closing of my new home my assets were held until closing and knew I was going to fall behind on this particular payment.
The US AUTO MANAGEMENT near me was no longer in business? All numbers of contacts I had were no longer correct and the owner of the vehical did not have phone publication listed who's home address was an hour and half across town from where I lived... I even paid for a people search to try to find a listed phone number that came back all unlisted!
My mishap was thinking someone would contact me. I closed on my house on 1/23 and complete a postal change of address on 1/24 and in the morning of the 26th the vehical was taken from my driveway. I made the decission to drive an hour and half to the owner's address to see if I could make contact with someone and had to leave letter with concern that vehical may have been stolen?
The owner made contact later that day and made it clear to me he was waiting for a mishap and wanted vehical back. My only request was for my own personal property back! He laughed... He had scored BIG... Not only was he getting his vehical back in great condition not to mention about 50% of his financing I had paid but he wants to keep custom tires and wheels $3200 plus ski rack, etc. All that I paid for and have receipts for!
His tires and wheels are nicely wrapped in plastic and stacked in my garage in the same original condition as when I took possession of the vehical. He refuses to make the trade and has ZERO respect for the fact I took such good care of the vehical. I AM SO SICK OVER THIS AND CAN NOT BELIEVE HE WOULD WISH FOR SUCH BAD KARMA, and not be willing or want to do the right thing!
The whole thing could have been avoided with some communication and the new company who took over for US AUTO MANAGEMENT Agreement has never contacted me or tried to update me with new information.
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