Capital One Auto Finance
Trying to negotiate a Payoff

I fund my vehicle with Money One auto-finance three years ago. Our monthly obligations are $432.00 and that I actually have a stability about the mortgage of $7200.00. I dropped my work some time before and my unemployment has go out. I delivered Money One a buy-out present of $4500.00 convinced that they'd counter-offer about $5500.00. The vehicle is 8 yrs old and also the kelly blue book-value in good shape is $5200.00. They never replied my offer and so I named them to ask the standing of my present. I had been informed that I'd need to spend $6900.00. I questioned how did they develop that number plus they mentioned in the kelly blue book that was not the case. I discussed when I owe $7200.00 and that I settled this weeks vehicle cost of $432.00 the total amount owed could be significantly less than $6900.00. They mentioned no it'd not since the curiosity is accumulating daily about the theory. I discussed that I'd no more revenue and was borrowing money from the freind and also the many I really could develop is $5500.00 that will be significantly more than the kelly blue book. They mentioned which was their final offer. I inquired easily could easily get the present written down and was informed since I submitted bankruptcy this past year they might not deliver me a notice declaring the benefit amount. I had been really annoyed simply because they wasn't prepared to use me or was the prepared to place thier present written down.

I'll inform every individual I experience to not fund put Money One, using the economy being what it's today-you might believe they'd be prepared to use somebody who spend thier payment per month promptly and it has dropped on noticed occasions.

Company: Capital One Auto Finance
Country: USA

  <     >