• Report: #775717


  • Submitted: Mon, September 12, 2011
  • Updated: Mon, September 12, 2011

  • Reported By: Jj8871 — Los Angeles California U.S.A.
4163 lincoln blvd Marina Del Ray, California United States of America

LUXURY AUTO LEASING INTERSTATE AUTOMOBILE NETWORK Fraudulant, Abusive, Theifs Marina Del Ray, California

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Luxury auto leasing are criminals. I purchased initially a 2003 Mercedes G500 from them in November, 2010. I was being charged 24% interest on a vehicle that I put 6000.00 in repairs into, the first 5 months. I put $15,000 DOWN on the vehicle, initially. I talked to them, and they "allowed" me to switch to a 2006 BMW 750li which I purchased for 26,500.00. Since then, they reposed my car for a lapse in insurance coverage, charged me $5000 to get it back, and then claimed I owed aprox 27,800 on the car when I originally bought it for 26,500 almost a year ago! They were not applying my payments, and essentially stealing money! I have since returned the car to them and purchased another elsewhere, however I am sure they will be trying to recover more $$ from me. When you are late on a payment you will be threatened with a warrant for your arrest! I have since retained an attorney, and I have been advised to start a BBB complaint while the case is initiated. They are basically loan sharks, and the state of California is well aware of their business practices. Many laws have been broken, and I do not want other people to experience what I have. BEWARE!

This report was posted on Ripoff Report on 09/12/2011 10:53 AM and is a permanent record located here: http://www.ripoffreport.com/r/LUXURY-AUTO-LEASING/Marina-Del-Ray-California-90292/LUXURY-AUTO-LEASING-INTERSTATE-AUTOMOBILE-NETWORK-Fraudulant-Abusive-Theifs-Marina-Del-R-775717. 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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