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| Madmax1968 | Nov 14 2006, 12:51 PM |
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I purchased a S Reg Freelander from Approved Car Finance, while driving it home I could hear a strange noice coming from the front wheels, so the next day took it to our local garage for them to have a look at. When he hoisted the car up he couldnt believe what he saw, the whole of the undercarrage was rusted over and he said it looked as thought it had been in and out of water for its whole life. I phoned APC who said they would get it picked up and fixed. Two weeks later the car was returned, and when the service manager phoned me he explained that they had replaced a wheel and rust coated the underneath. This was the start of the problems: 3 months Later more noises from the engine bay: Engine mounting brackets broken £247.23 6 Months Later Front Prop shaft went: £500.26 I called ACF as I had taken out the Motor warrenty insurance, to be told that it wasnt covered as this was whare and tear of the vechicle of that age. 3 Months later: Starter motor goes: £182.13 1 week later: Tail gate Handle breaks:£115.16 2 Month later: Radiator Replaced: £267.38 1 Week Later:Head Gasket, water pump rear mounting bush :£1,430.72 So after 18 Months where a car that has cost £305.68 PER Month £6400.00 Cost of Car £1978.00 Arrangement Fee £195.00 Credit Facility Feee Total: £8,923.00 THEN ON TOP OF THAT PPI £2,085.93 Interest on PPI £801.27 Motor Warranty £ 695.00 Interest on Warranty £267.00 Total £3,849.20 TOTAL to Pay £12,772.20 I have paid out in 18 months £2742.65 And guess what the bloody thing is in the Garage again This time is another £550. So in 19 months it has cost me over £3000 to fix it as well as paying for it, so I had enough I phoned ACF and said I wanted to trade in asw I was told that after 18 months I could trade up and that if I kept my repayments up to date it would improve my credit rating and I could get a better car at a cheeper rate. I phoned them this morning and told them the pay out figure I got, thet have come back saying that the car has depresiated into negative equity and that I would have to pay the short fall of "What for it" £3300 if I wanted to change the car. I said that is silly as I dont have that type of money so they told me to come back in 6 months when Ive paid off more of the loan. HELP HELP HELP Ive got a car that is costing more that a small country, I NEED to get out of it CAN YOU PLEASE GIVE ME SOME ADVICE MAX |
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| Approved Car Finance Rip Off (help) · Approved Car Finance | |
4:28 AM Nov 28
