Gmac
Car repossessed after late lease payment, buyout demanded
- 09-24-2008
- 6
Our gmac lease was on automatic withdrawal. Payment was missed/late and the car was reposed. They didn't even want to discuss anything but total buyout on contract. Who can afford that. What now. Now we are being threatened with wage garnishment. I am hearing more and more stories like this all the time. We paid about fifteen grand on the lease and it sold at auction for fourteen grand. The car only sold for twenty three grand brand new. They still want another eleven grand to clear the lease. I will never buy or lease another thing from gm ever again. I apologize for my poor typing.
Company: Gmac
Country: USA
Site: gmac.com