Edmond Hyundai ripped off my wife and I for thousands. Leaving us forced to return the car we purchased from them and took home on spot delivery after being told we were financed for a low interest rate and after FOUR WEEKS, got the scam call from the finance department telling us everything changed.
We were told that if we could come up with someone to verify our credit for the first six months of the car loan like a relative, that we would satisfy Tinker Federal Credit Union requirements for accepting our loan.
After being told personally by the finance manager on four seperate personal conversations that this was not going to be a co-borrower or co-owner situation... I asked my father to help out since he would not be held financially obligated to a new car as someone on the lien, title or actual loan itself.
My father, wife and I again visited the credit manager on Feb 27th because the credit manager needed my father to sign a few documents because as part of Oklahoma State Truth in Lending laws, he needed to sign that he was aware of what I was purchasing.
I again... Reiterated to the finance manager that if my father was being comitted to being a co-borrower, co-signer or co-owner for the new car, I would take my car that I traded in back and leave the new car at the dealership, no problem at all.
My dad, myself and wife were again told, no don't worry... Your father won't be obligated to anything other than as someone who will vouch for my wife and I for the first six months of the loan. This was supposed to be a "special program with Tinker Federal Credit Union.
We left the dealership and on March 6th, my 77 year old retired, fixed income father received via mail from Hyundai the car title in HIS SOLE NAME, the LIEN in HIS SOLE NAME and all the bank financing arrangements IN HIS SOLE NAME. Edmond Hyundai swapped the paperwork and fraudulantly changed the purchaser of the auto from my wife and I to my father.
All of us immediately went to Edmond Hyundai and were told that the only option was to have my dad sign the title as the owner of the vehicle and register the vehicle... Then sell the vehicle to my wife and I after we get direct financing through "another special person" now at Communications Federal Credit Union.
I said no way, we will leave the car at the dealer, the dealer will buy the car back and get my father off everything since he is a retired senior citizen who has no means to purchase a new car.
I was told that my wife and I needed to pay the dealer $1100.00 in negative equity in the car we traded in, in addition to lose our down payment on the new car. Since this was the only immediate option to allievate the financial burden on my father, we did this in protest.
We now are out thousands of dollars, we lost our trade-in because the dealer claims it was sold... And my father got frauded by these crooks!
We need to share this with as many people as we can to help stop these thieves from ripping others off in their illegal, unethical and deceptive scam practices.
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