• Report: #279477

Complaint Review: JD BYRIDER - CNAC

  • Submitted: Thu, October 18, 2007
  • Updated: Fri, October 19, 2007

  • Reported By:Indianapolis Indiana
JD BYRIDER - CNAC
1525 N. SHADELAND AVE INDIANAPOLIS, Indiana U.S.A.

JD BYRIDER - CNAC THEY OVERCHARGE FOR VEHICLES INDIANAPOLIS Indiana

*Consumer Comment: ...and also

*Consumer Comment: About J.D. Byrider/CNAC...

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About 6mos. ago I purchased a vehicle from JD BYRIDER. I was indeed in a hurry to get in a vehicle b/c I needed transportation to and from work. It was a few months after that, that I realized that I was overcharged for a 2000 grand am with over 100,000 miles on it. they were asking for a little over 11,000 dollars for it and with total interest I will end up paying over $16,000 for a car thats not even worth half of what they are asking. Not only that, i had to take my car in 3 times for problems that keep coming up with the car. JD BYRIDER IS A RIP OFF!

Ecsimmons1204
Indianapolis, Indiana
U.S.A.

This report was posted on Ripoff Report on 10/18/2007 07:41 AM and is a permanent record located here: http://www.ripoffreport.com/r/JD-BYRIDER-CNAC/INDIANAPOLIS-Indiana-46219/JD-BYRIDER-CNAC-THEY-OVERCHARGE-FOR-VEHICLES-INDIANAPOLIS-Indiana-279477. 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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#1 Consumer Comment

...and also

AUTHOR: Erik - (U.S.A.)

if you would have researched the consumer reports on used Grand Ams, you would have known better than to purchase one. Although they get decent gas mileage for their size, they have a tendency to fall apart and cost more in repairs than the car is actually worth... but hey at least you're covered by J.D. Byrider's 18 month warranty (which, by the way, probably doesn't cover half the length of time on your contract)
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#2 Consumer Comment

About J.D. Byrider/CNAC...

AUTHOR: Erik - (U.S.A.)

J.D. Byrider in parternship with CNAC is designed for consumers with poor or no credit. While your car might not even be worth half of what you are paying, chances are that J.D. Byrider/CNAC is one of the only dealerships in your area that will finance and give you a loan no matter how bad your credit score is. It is not the dealership that put the ridiculous price on your grand am, you most likely received a long-term loan with a downright silly interest rate. The long term contract is meant to repair your credit in the long run.... the silly interest rate comes from bad/no credit. This was all explained to you somewhere in the 345784578 pages of contract you signed when you purchased the vehicle. You were not forced to buy the car. You could have figured out the grand total by multiplying the # of months and the monthly payments before inking your name on the contracts. This means you weren't really ripped off, because you should have known what you were signing before you signed it....
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