I am from Cleveland, Ohio. I leased a 1993 Dodge Shadow from JD Byrider in September and I was making bi-weekly payments (every 2 weeks) of 150.00. I currently owe 4,500.00 on the car, but I feel that the 5,000.00 that I've already paid has more than covered the cost due to that fact its constantly in need of repairs. I checked the blue book value for the car and came up to only 2,035.00 in mint condition. I've recently discovered that the orginal moter had be replaced and right after we signed for it we had to make some repairs—this pretty much kills the "mint condition" standing.
Early last year I experienced instances in which the "just die" in the middle of the street. I was almost hit once. The belts constantly pop-off and I've had had to repair several times, but to no avail. Because this is the only transportation my family has and because I go to school off campus, me must continously fix the car. I honestly believe that I've paid more in repairs than paying for the actual car itself. As of right now, the car isn't running without stopping and the belt feel off again. I must replace the muffler, tire rod, and what ever the problem is with the belts and whatever is causing the car to stop. I understand that when you sign a contract that it is leagally binding, but I think is obsurd to pay 9,000.00 for a car that is barely worth 2,000.00 especially when it constantly breaks down.
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