In 2007 I had my 2006 Expedition for sale, then out of nowhere comes Wright Leasing to save the day. Their first email clearly stated that they had a contract that allow them to take over payments, and they have their own insurance and I just walk away. Wright Leasing made payments for about 6 months, then they started to make late payments and my credit union started calling me about the truck payments, so I started calling Wright Leasing asking what the problem was, and why the payments were late!
They said it wouldn't happen again. So the following month the same thing happened, no payment. So I call them again and this time no answer return emails, nothing! So then my credit union closed my accounts which I had 2 other vehicles financed with them and were taken away because of what they call collateral loss. I think they are still in the Dallas/FortWorth area. The contract he sent me was apparantly a contract used for Real Estate not for purchasing of vehicles. I did not know that. The 2006 Expedition has probably been leased to another indivdual, which has no idea what they are getting into with a vehicle that doesn't belong to Wright Leasing. This is fraud and is against the law in the State of Texas. I'm looking for this vehicle. I have contacted the Sheriff regarding this matter.
I know that other individuals have been victimized by Wright Leasing and we need to put and end to this. And there are people in the car business that know of this company and how they work, and where to find this person but won't do anything about it.
Yes we should know better by investigating if the company is licensed, but sometimes it happens.
Let's try to fix this so nobody else gets burned.
Lic#79CCN4 vin#1FMPU15546LA69533
If you know someone who is driving a silver expedition with this license # and vin# please call me at 512 801 3655. The leinholder on this vehicle is University Federal Credit Union and is also in search.
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