My car died in August of 2012, went to my bank, credit score a little too low. I went to J.D. Byrider, the biggest mistake of my life. The first thing that was strange is before we go over all the paperwork, they wanted to let me know they video tape everything. Tell me what kind of Car Dealership has to do something like that ? Never heard of it before.
My first payment taken out of my account was $286.00, $78.00 of that was for a down payment on the car, and $36.00 was for added insurance. That was what we agreed on, but a few days later they took the insuance out again. I contacted JD BYRIDER to aks them about it, they said it was a mistake and would put it back in my account. It happen two more times after that, same thing, we will correct it, it won't happen again. The third time I didn't have extra money in my account, put me into over draft.
I was livid, told them I wanted to bring the car back. They told me I could not return the car they made a human error it was NOT A VIOLATION OF THE COTRACT AGREEEMNT. If I did bring the car back they would sell it at a car Auction, I would still be responsible for the balance, and the payments would be $ 172 .00 every two weeks until it was paid off.
They told me before I bought the car they don't charge over 20% interest, other high risk dealerships do. I had someone help me figure out the interest rate it is 22.99 percent or 23%.
I am going to see an Lawyer today that work with Comsumer Fraud and Contract law. I am not sure if anything can be done, but I need to check before I can rest.
Please even if your Credit Score is lower than most, go to a Regular Dealership, they do work with people with less than perfect credit, and the interest rate may be a little higher than the average person, but never over 20 % .
Please don't ever use JD BYRIDER unless you want to pay between 350.00 to 400.00 a month. For a car like mine. kELLY BLUE book said 3,400 dollar J.D. sold it to me for $10,000 plus, and added $5,000 by the end of the loan with the interest. Total price 16,800 dolloars for a car worth 3,400.00