My mother and I were lied to and taken advantage of by Brandon Mitsubishi. This situation happend sometime ago but I just found this site and just had to at least make people aware that they MUST read their contracts from top to bottom or they, like me, will get roped into a contract that is not what is VERBALLY discussed.
I visited alot of dealerships searching for an SUV and decided to go with a Mitsubishi. I tried to get financed by myself but was not able to purchase the 2001 Montero Sport that I wanted, so I had my mother co-sign with me. The salesman Mr. Cruz seemed at the time to have my best interest at heart so I began to trust him.
He discussed the terms of the agreement and said the word "LEASE". I told him upfront that I wanted no part of a "LEASE". I even went to the extent of explaining to him in detail that I wanted to make payments for however long it takes, and end up owning the car in the end with no further obligations. I even told him that I KNOW I will not have the money at a later date to make some huge lump sum payment. Mr. Cruz assured me VERBALLY that this is not what I was getting into and so I signed the contract.
The monthly payments were fine and the length of the term was fine. Since I was VERBALLY ASSURED that this was not a "LEASE" I did not know to be looking for those kinds of terms in the contract.
2 years go by and I received a pamplet in the mail from Mitsubishi Motors Credit Corportation and in big fat letters what do I see??? DIAMOND ADVANTAGE "LEASE"...
Why would I be getting something like this? I called Mitsubishi Motors Credit and asked what kind of contract I had, they said I was on the DIAMOND ADVANTAGE LEASE PLAN.
I tried to get some help from the customer service rep but I knew there was nothing she could do. I called Brandon Mitsubishi and spoke to real pomp "ass" jerk who basically said too bad soooo sad, "IT IS IN THE CONTRACT THAT YOU SIGNED". I pulled out my contract and found that I was put into a lease and after paying $489.60 for 5 years, I have a balloon payment of $13,000 if I choose to keep this car, so I will end up paying $42,376 for a 2001 Montero Sport! I have discussed this situation with a retired attorney who said because there is a signed contract, there is nothing I can legally do to these liars and theives.
I accept a little responsility for not reading the contract thoroughly. But I resent having to do that, because all I did was put my trust into scumbags who are ripping people off! I can't even begin to imagine how many people they have done this to. Please don't let you or anyone you know be a victim.
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