Ft. Lauderdale Mitsubishi
Surprise Balloon Payment

Cars & Transport

In the fall of 2001 I heard about Mitsubishi's offer to buy a car with no payments for one year. I went to Fort Lauderdale Mitsubishi on Sunrise Blvd to check it out.

The monthly payments were too high for my liking for this program, so I opted to buy a new car with payments beginning the following month instead.

I specifically told the salesman, several times, that I did NOT want a balloon payment. He assured me that would not be the case. I took his word for it.

One year later while undergoing a credit check, I found out that my car loan had a $6,000 balloon payment. I called Mitsubishi and was told that I signed the paperwork and that there was nothing they could do. I checked my paperwork, and sure enough, the Truth In Lending showed it. Had I known about the balloon payment, I NEVER would have bought the car.

A word of advice to anyone buying a car with Mitsubishi-the salesman will tell you whatever you want to hear, even if it's a lie. Make him show you on the paperwork where it proves what he says!


Company: Ft. Lauderdale Mitsubishi
Country: USA
State: Florida
City: Fort Lauderale
Address: 200 E. Sunrise Blvd
Phone: 9545233662
  <     >  

RELATED COMPLAINTS

Mitsubishi
Ripoff

Mitsubishi Motor Credit
Of America ripoff, dishonest, unethical Diamond Advantage Plan, at the end of term will have balloon payment of $10,884.28 total amount financed $35,313

Mitsubishi
Ripoff, Mitsubishi leaves you stuck and owing more than the car is worth, diamond advantage plan is a fake Nationwide Nationwide

William LEHMAN Mitsubishi
Inc Deception with Diamond Advangtage Plan, Misrepresentation of program, purposely failed to disclose that the program was a lease Ripoff

Mitsubishi Motors Credit Of America
Mitsubishi Motors Credit Of Americami Paid off until Ballon payment, said I could sell back or trade in, had final inspection done, then went back on their word!

Barrett Mitsubishi
Ripoff

Mitsubishi Motor Credit
Misrepresented itself and repossessed car when prior arrangements were made. Ripoff

Orr Shreveport Mitsubishi
Ripoff blatently lied about their Diamond Option Plan Shreveprot

Champion Mitsubishi Mitsubishi Motors
Champion Mitsubishi, Mitsubishi Motors What you should KNOW dirty ripoff liars

Mitsubishi
Ripoff dishonest and misrepresentation