Luxury auto leasing are criminals. I purchased initially a 2003 Mercedes G500 from them in November. I was being charged 24% interest on a vehicle that I put 6000.00 in repairs into, the first 5 months. I put $15,000 DOWN on the vehicle, initially. I talked to them, and they "allowed" me to switch to a 2006 BMW 750li which I purchased for 26,500.00. Since then, they reposed my car for a lapse in insurance coverage, charged me $5000 to get it back, and then claimed I owed aprox 27,800 on the car when I originally bought it for 26,500 almost a year ago! They were not applying my payments, and essentially stealing money! I have since returned the car to them and purchased another elsewhere, however I am sure they will be trying to recover more $ from me. When you are late on a payment you will be threatened with a warrant for your arrest! I have since retained an attorney, and I have been advised to start a BBB complaint while the case is initiated. They are basically loan sharks, and the state of California is well aware of their business practices. Many laws have been broken, and I do not want other people to experience what I have. Beware!
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