Slidell Nissan
Ripoff tricked and lied to us

I bought a 2002 Nissan Sentra SER SpectV car in November for $19,000.00. I loved the car. I traded in a 1990 Nissan 4X4 Truck with 100,000 miles on it, with 4 brand new Goodyear tires on it. They gave me $500 trade in off the sticker price of the car. $2,000 cash to give to my Dad for the truck.

I cannot afford the car anymore, so I tried to trade it in. They wanted to give me $9,000 trade-in for the car, which I still owe $20,000 for it. The NADA Blue Book Average Trade-In is $14,400. The Average Retail is $16,575.00. They told me if I came up with $4,000 cash I could get out of the contract. Which means the car isn't worth only $9,000. It's worth $14,400 to them. They also told me I would get 5.9% financing.

I found out yesterday it was 15%. That's why I can't get anything paid towards the principle by paying $460.00 per month. It makes me believe the car went down in value $10,000 in one year. Is that possible? What can I do other than letting the car go back and ruining my credit?

Company: Slidell Nissan
Country: USA
State: Louisiana
City: Slidell
Address: Howze Beach Rd. Slidell, La
Phone: 9856437600

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