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Report: #151085

Complaint Review: DRIVETIME, UGLY DUCKLING - ORLANDO Florida

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  • Reported By: Orlando Florida
  • Author Confirmed What's this?
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  • DRIVETIME, UGLY DUCKLING EAST COLONIAL DRIVE ORLANDO, Florida U.S.A.

DRIVETIME, UGLY DUCKLING DON'T MENTION GAP INSURANCE RIPOFF ORLANDO Florida

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Hello:

I had the misfortune of being desperate for a car in 2001. So, I went to Ugly Duckling AKA Drivetime of East Colonial Drive, Orlando, FL and I bought a vehicle for $8654 plus 29% interest rate. I had a not at fault accident 4 months later and the insurance company paid them the value of the car $2981. Now they are comming after me for the entire $8654. They never offered Gap insurance and I didn't know what it was. This insurance covers the gap between what the insurance company pays and the actual value of the car (what you actually owe).

Gap Insurance is essential when dealing with companies like this and it should be mandatory for them to offer it when buying a car. Also, a carfax report and
the Kelly Blue Book or NADA of values to verify the value of the vehicle are important when financing an old car.

Good luck with your next purchase.

Diana
Orlando, Florida
U.S.A.

This report was posted on Ripoff Report on 07/24/2005 02:12 PM and is a permanent record located here: https://www.ripoffreport.com/reports/drivetime-ugly-duckling/orlando-florida/drivetime-ugly-duckling-dont-mention-gap-insurance-ripoff-orlando-florida-151085. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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