Automobile Acceptance Corporation COMPANY ATTEMPTING TO SUE ME FOR A CAR I WAS PAYING FOR THAT WAS A LEMON Riverdale Georgia

The finance company has nothing to do with the condition of the car you bought. All they did was pay the dealership on YOUR behalf so YOU could have the car. Of course, you are still going to owe them for what they paid. No court in the world is going to get you out of paying that money. Your issue is with the dealership that sold you a "lemon". Sorry, but you are going to have to pay your balance plus any repo fees to the finance co.

When you buy a used car, it will most likely be sold "as is". Meaning that whatever problems it has after you drive off the lot are yours. Given that you're making a large investment in something that you'll be paying off for years (whether it's running or not), doesn't it seem like a good idea to have it checked out by an independent mechanic? Since you're buying the car "as is" whatever the salesman tells you is just so much hot air. It won't count for anything when you're sitting by the side of the road with a smoking engine.

As you have found, even though the car was a piece of junk, you are still responsible for the entire loan amount. That's what was on the purchase and loan documents you signed. For some reason, a lot of people think that if they buy a used car and it dies, they're no longer responsible for it. If that were the case, it would be in the sales contract (and most used car dealers would be out of business). Bottom line, get the car checked out before buying. It may cost you $100 or so, but it could save you thousands in the long run.

You do realize you still owe the remaining balance on the car even though you no longer own it correct?

Say your loan was 8000$, you paid off 1000$ then they repossessed it. They sell it at auction for say 3000$, you still owe them 4000$ plus interest and repossession fees. This is all perfectly legal and outlined in the loan contract you signed.

I wish I had better news for you :( Its always best to do anything to avoid repossession.

You do realize you still owe the remaining balance on the car even though you no longer own it correct?

Say your loan was 8000$, you paid off 1000$ then they repossessed it. They sell it at auction for say 3000$, you still owe them 4000$ plus interest and repossession fees. This is all perfectly legal and outlined in the loan contract you signed.

I wish I had better news for you :( Its always best to do anything to avoid repossession.

You do realize you still owe the remaining balance on the car even though you no longer own it correct?

Say your loan was 8000$, you paid off 1000$ then they repossessed it. They sell it at auction for say 3000$, you still owe them 4000$ plus interest and repossession fees. This is all perfectly legal and outlined in the loan contract you signed.

I wish I had better news for you :( Its always best to do anything to avoid repossession.

You do realize you still owe the remaining balance on the car even though you no longer own it correct?

Say your loan was 8000$, you paid off 1000$ then they repossessed it. They sell it at auction for say 3000$, you still owe them 4000$ plus interest and repossession fees. This is all perfectly legal and outlined in the loan contract you signed.

I wish I had better news for you :( Its always best to do anything to avoid repossession.