Platte Valley is shady all the way around - beware if you buy a car from them - take it to your mechanic first - the $8000 Jeep I bought there had so many problems for the first 120 days I was only able to drive it about 5 days out of 120 - the rest of the time it was getting new head gaskets, new (used) transmission, new radiator, new thermostat, etc., etc. - Then when I gave them post-dated checks at their demand in order to pay for these repairs (on a new used car purchased from them) they cashed them all at once without waiting until the date on the check per our agreement. Not to mention, the ad for this jeep included a description of many "extras" that mine did not have. I was considering a lawsuit and at one point, Dave, the owner told me he was going to put my car on the side of the highway with the keys in it and running - that none of these issues were his problem. He also told me I was an "irresponsible car owner." Run fast in the opposite direction from this dealership.
Investigators say Platte Valley Auto Sales did something called double flooring. That's when a dealer takes several loans out on a car from different banks.Detective Sgt. Troy Lamerson, Benzie County Sheriff's Office says, "They secured funding through different financial institutes and kept funding for themselves or their business."Detectives say they may have done that with as many as 70 cars. All the vehicles will be removed from the lot Wednesday until the case is sorted out.The Benzie County Sheriff's Office says they're building a fraud and larceny case against the dealers. No arrests have been made yet.The former owner of the dealership, who co-signed the loans for the current owner, says he had no knowledge of what was going on. He has filed a separate lawsuit against David and Rhonda Purchase, the current owners.