ED Magedson – Founder
Daytona Toyota451 North Nova Road-Daytona Beach, Florida Daytona Beach, Florida USA
Daytona Toyota Daytona Beach Toyota Daytona Beach Florida
Daytona Beach Toyota 451 N. Nova Rd Daytona Beach, FL Re: 2008 Chrysler 300 VIN To Whom This May Concern: Please consider this correspondence as a formal request to negate the above-referenced car loan that I received on Friday, May 31, 2013 at the Daytona Beach Toyota Dealership in Daytona Beach, FL. I was misled into signing an agreement for a vehicle trade-in by being given false information regarding the terms of the loan. I DO NOT want the car, nor do I want to proceed in processing the loan that was presented to me on May 31, 2013. When I arrived at Daytona Toyota, I was immediately greeted by a salesman named Br. Bembry. I had come to the dealership in order to have a belt repaired on my 2006 Nissan Maxima, but Br. Bembry insisted that he could put me in a newer model car and keep the amount of my Maxima car note the same with a low interest, 60 month loan. I do not know much about math, financing or interest rates, but I have purchased three vehicles over the past twenty years from this dealership and I trusted the integrity of the people that work there. I expected them not to lie to me in order to make a sale. As it turns out, Mr. Bembry did not disclose accurate information. He told me that the agreement of the contract was for a 60 month term when actually the agreement for 72 months. I was misled, and he failed to disclose that the contract was for 72 months as the contract was being negotiated. Additionally, it wasn’t until I got home with a 2008 Chrysler 300 that Mr. Bembry said was such a “deal” that I realized that I was guided the wrong way. I know that you can feel my pain. I returned to car lot on Saturday morning, June 1, 2013, to return the car and pick up my vehicle because I was unhappy with the terms of the contract that I had discovered the night before. Mr. Bembry told me that he had no intentions of releasing my vehicle or voiding out the contract. I am very upset because I have been victimized by Mr. Bembry and the Toyota dealership because he lied to me. I am a retired senior-citizen in need of an additional part time job in order to meet my current bills and financial obligations and I DO NOT want this car or the higher note that accompanies it, nor do I want a longer loan term. According to Blue Book, my Nissan Maxima is currently valued more than the Chrysler that I was duped into taking home on the previous day. Now I want to return the car and get my old car back. I would not have signed over my car and agreed to take the Chrysler 300 had I known the true terms of the agreement. Thank you, in advance, for cancelling this loan transaction before it is processed. Please reach out and help me. Sincerely,
This report was posted on Ripoff Report on 06/05/2013 02:32 PM and is a permanent record located here: http://www.ripoffreport.com/r/Daytona-Toyota/Daytona-Beach-Florida-32117/Daytona-Toyota-Daytona-Beach-Toyota-Daytona-Beach-Florida-1056697. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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