I went to Drivetime because of one ding on my credit making it impossible to buy a car elsewhere. The salesman went through his whole speel making me feel like I was making the right decision. He went through the whole vehicle checklist insuring me I would be buying a great used car. I decided on a 2004 Kia Optima because it was bigger and seemed more reliable than my old car. I bought it that night and realized later it was the dumbest thing I've ever done.
The first week I had it the fuel pump went out. My parents had just arrived in town to visit me for the week and we were planning on going to the Grand Canyon and other places for their trip. They towed my car to a auto repair shop and I didnt get it back for a week because it took them two days to look at it, three days to get the parts from DriveTime, and another two for them to fix it. I refused to pay the $40 fee because of all the hassle I went through not having a car that week.
After that other things started going wrong with it. My passenger side door lock motor is going out so it makes this horrible sound when I lock the doors. The main hose for the powersteering is leaking and I have to keep putting fluid in it. I hadnt even reached 3,000 miles and the oil was almost gone. One of my other hoses is leaking and its causing a belt to wear down to nothing. I've only had it for six months and the warranty wont cover anything besides the fuel pump that went out. My payments are $400 a month, my interest rate is 24.117%, and I bought the car for $12,894. I will end up paying a total of $21,000 in four years when the loan ends. I just looked at Kelly Blue book and the car is only worth $7,000.
I stopped making my payments because I lost my second job along with other issues going on in my life. I kept in contact with them and told them I wanted to volunteerily repo the car because I didnt want to pay that much for a piece of shit. I went to the dealership last night and tried to give it back and they talked me into thinking about it for another week. They told me I pretty much wouldnt have a life with a repossesion on my credit report and that I would still owe the remaining balance of whatever they couldnt sell it for at an auction. They told me to at least look into refinancing it... But how in the world is that going to help when I have a piece of shit car. I cant afford to pay $400 a month plus repairs for the next four years! I've never had this many issues with a car in my life and I've never been behind on a car payment. This is my only option and they've made me not give a crap about anything. I want this stress out of my life and I feel like there is nothing I can do. I'm stuck and feel completely stupid for putting myself into this mess. I should've known better!!! As far as I'm concerned DriveTime has ruined my life for the time being and probably for the next seven years.
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