It all started on 7/29/06 when me and my other half went to World of Wheels looking for new "Wheels". We were greeted by a salesman befor we could even get out of the car. He immediatly wanted us to come inside and go through the paperwork process befor we even had a chance to look around.
I told the man I did'nt want an american car and that it had to be an automatic. (just a preferance)
He insisted on showing me everything except what I told him I wanted. We went through the credit checks and all and they came back saying they could finance me making $150.00 a month payments for 3 years on a 2003 KIA Spectra. I agreed, it was listed at around $9,000.
I sign the paperwork and they let me drive the car home only to find out that the one paper I did'nt see (slipped into the envelope) was the Federal Truth-in-lending disclosure.
Stating that my interest rate was 22% and that I would be paying
$279.00 a month for 5 years! This through "Reliable Credit"
Now this $9,000 car is a $18,000 car! They slipped this part of the contract into the envelope with my paperwork apparantly while I was tranfering my belongings from my trade-in to the new car. But this Truth-In-Lending Disclosure/Retail installment Contract was not signed buy me... I have the unsigned copy. So am I still tied to the contract? They already sold my trade-in. I signed the "sales terms and conditions" contract but not the ones I mentioned earlier.
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