Drive Time I purchased a vehicle from drive time, for 18, 000 that only worth 7000, on top, of that they charge me 300 dollars a month in interest. I feel as if drive time need to honor the worth or appraisal price of the car nissan murano 2007 rodded me Raleigh North Carolina

The time to complain about interest rates is BEFORE you agree to them.  The time to complain about the price of a car is BEFORE you agree to buy at that price.  The reason you are paying a high interest rate is because you made yourself a SUBPRIME credit risk.  You have a history of NOT paying your bills on time otherwise you would have been able to go to a new car dealership and have your purchased financed by a bank with lower interest rates.  Don't go blaming God or anybody else.  YOU chose to get into this deal and nobody put a gun to your head.  You have reaped the "rewards" of making yourself a SUBPRIME buyer.

Don't bother making the effort...I'll tell you right now, I don't work for them.

Drivetime is a Sub-Prime Lender who finances people who have not proven they can handle credit.  Now, that means you fall into 1 of 2 categories.  Either you have had credit before and you basically stiffed your other creditors(the reason DOES NOT matter), or you have never had credit before.

As such you are considred High Risk and High Risk = High Interest, but let's get to the other points first. 

The time to get Drivetime(or ANY dealer) to "honor" an appraisal is BEFORE you sign on the dotted line.  At the time you bought the car you agreed to buy the car for $18,000, you can't come back later and say "I want to pay less".  After all what if they came back to you 2 months later and said that the car was actually worth $25,000 and you owe us $7,000 MORE.  What would you do then?  Would you say "Okay...well if that is the actual value", or would you say "Well you agreed to sell it to me for $18,000 and I am not paying you a dime more"...Think about that.

The other thing to keep in mind you FINANCED $18,000.  That is NOT what the car is worth.  At a minimum you have taxes, licence fees to pay.  Also, if you bought any extra things such as Warranties or security systems or a dozen other things they probably tried to sell you it all adds up.  Where all of those things could have easily added a few thousand dollars to the price of the car.

Next, as to the Interest you are paying.  Yes you are paying a lot of interest and I bet that 2/3 or more of your payment if this is in the first few months is going only to interest.  Well that is how just about every car loan works.  You pay a set amount during the term of the loan, and every month a little less goes to Interest.  Where near the end instead of 2/3 going to Interest, 2/3 will go to the Principal.  This is of course figuring you are paying your loan ON-TIME for the FULL AMOUNT every month.