ED Magedson – Founder
Chaney's Used CarsUS 27 N AVON PARK, Florida United States of America
DO NOT TRUST THESE PEOPLE OR WHAT THEY SAY THEY WILL DO. THEIR SCAM IS THE SAME. THEY WILL NEVER PLAY FAIR OR KEEP THEIR WORD. REMEMBER ALL OF YOU THAT DO NOT DO ANYTHING AND JUST LET THEM GET AWAY WITH IT ARE CAUSING THEM TO GET RICHER AND ALLOWING OTHER PEOPLE TO SUFFER. WHAT OTHER CAR DEALERS BEHAVE LIKE THESE PEOPLE? CHECK AROUND AND ASK OTHER DEALERS. THEY ARE APPAULED THAT NO ONE DOES ANYTHING TO STOP THESE PEOPLE. IT TAKES YOU, THE VISTIMS TO STOP THIS.
When buying a new vehicle, and sometimes when buying a used vehicle, consumers will make the purchase on credit. Consumers should remember that creditors retain significant rights over the vehicle if the consumer does not abide by the loan agreement. If a consumer defaults on his or her loan, the creditor has legal authority to enter the consumer's property and seize the vehicle at any time and without prior notice. After repossession, the creditor may keep the vehicle as compensation for the unpaid debt or resell it. In either case, the creditor must inform the consumer. The consumer has the right to demand that the vehicle be sold and that any money received from the sale beyond the amount of the debt be returned to the consumer. If the vehicle is to be sold at a public auction, the consumer must be notified of the date in advance (in cases of a private sale, the consumer is notified after the sale). However the vehicle is sold, the sale must be conducted in a "commercially reasonable manner" and the price must approximate the vehicle's fair market value. Of course, the creditor may also reinstate the consumer's loan or allow the consumer to buy the vehicle back.
This report was posted on Ripoff Report on 11/16/2009 06:17 PM and is a permanent record located here: http://www.ripoffreport.com/reports/chaneys-used-cars/avon-park-florida-33825/chaneys-used-cars-help-yourself-and-others-and-stop-the-rip-off-company-chaneys-used-ca-524565. 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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