Friday, June 11, 2010

Car Dealers Under New Financial Legislation?

Le-Eunice L'Minggio of Delavan, Wis., getting by on modest disability checks from Social Security, needed a car for regular weekly visits to her aunt on Chicago's South Side.


The sales team at Thrifty Car Sales of Melrose Park, Ill., helped her pick out an $8,000 2004 Ford Freestar station wagon with a cracked mirror, a busted bumper, a broken taillight covered in tape and wipers that clawed the windshield.


After she signed some papers, made a $1,200 down payment and drove home in the Freestar, things started to get weird. The dealership's finance manager summoned her back a few days later and told her that she needed to lie to the finance company to get a loan. Specifically, he wanted her to say she was working at a steel mill for $5,000 a month. When she refused, he demanded full payment for the wagon. She returned the Freestar instead, but the dealership wouldn't give her back her down payment.


L'Minggio, 64, went to federal court and won $13,200 in damages. But the dealership had gone out of business. "We were unable to collect the judgment," says her lawyer, Michelle Weinberg.
More Here..

1 comment:

  1. I've spent my entire life (born and raised) in Wisconsin (the friendly, honest state). Why would anyone go to Illinois to buy anything, much less a used car? They are nothing but crooks and liars down there. That's like choosing a Chicago politician to be president......oh crap, that explains it.

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