Carcraft Ripoff

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Carcraft Ripoff
Topic Started: May 15 2007, 10:40 AM (124 Views)
clarelouise32	May 15 2007, 10:40 AM Post #1
Posts: 1 Group: Members Member #1,261 Joined: May 15, 2007	ok here i go on a rant. We went to carcraft on the 5/5/07. saw a zafira priced at 6655. After hours of waiting around and a cradit searcg for finance we finally got somewhere. We were offered a loan from cration finance with an interest rate of 14.25%. We were told this was the only company who accepted us, and needing a new car we agreed. signed the paperwork and left with our car. yesterday i was sorting all the bills and making sure the correct money was in the bank when i realised that our payments were Ł275 per month over 60 months. a couple of quick sums later i figured the car had cost us around Ł16000 at a rate of 26.92% apr. i am furious. any ideas on what what we should do :angry:



Bakedalasker	May 16 2007, 02:19 PM Post #2
www.saynotoyes.co.uk Posts: 2,351 Group: Members Member #30 Joined: May 29, 2005	Hi Clairelouise, welcome to our forum. What we can do for you is have the contract check out ourselves and see if it has been improperly executed. I think that is the best thing to do. Could you possible send it to me at Bakedalasker@saynotoyes.co.uk



Chris Roberts	Jun 6 2007, 08:06 AM Post #3
Unregistered	clarelouise32 May 15 2007, 10:40 AM ok here i go on a rant. We went to carcraft on the 5/5/07. saw a zafira priced at 6655. After hours of waiting around and a cradit searcg for finance we finally got somewhere. We were offered a loan from cration finance with an interest rate of 14.25%. We were told this was the only company who accepted us, and needing a new car we agreed. signed the paperwork and left with our car. yesterday i was sorting all the bills and making sure the correct money was in the bank when i realised that our payments were Ł275 per month over 60 months. a couple of quick sums later i figured the car had cost us around Ł16000 at a rate of 26.92% apr. i am furious. any ideas on what what we should do :angry: I believe i have been ripped off too ! Not only on the APR but also by being backed into a corner and needing to accept the Insurance Warranty, not realising until the paperwork was sent to me that it wasnt an insurance premium but an insurance loan.
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