Complaint Review: Kia Of Duluth - Duluth Minnesota
- Kia Of Duluth 1701 W Michigan Street Duluth, Minnesota U.S.A.
- Phone: 218-722-4542
- Web:
- Category: Auto Dealers
Kia rip-off Duluth Minnesota
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
I was shopping for my first new car. I was hoping for 0.0% financing but when my credit was checked I had a score of around 660. Not quite high enough for 0.0% but they said we could still make a deal. I explained that I was a medical student and had only a limited income at the present time but I DID have money. I have 4 major credit cards and have never missed a payment. I informed them that I graduate from the program in May and already have several job offers and will be making good money. My college professor who bought a car from them was with me and verified all of this. I test drove a few vehicles and finally setteled on one.
While signing all the papers the dealer prepared my vehicle for me. I kept asking what my interest rate would be but they were evasive. I was given a form to fill out which among other things, asked about my current income. I explained again that I am only earning a few hundred a month as an intern until I graduate and they said no problem. The salesman suggested I put down what my projected income would be when I am working full time so I did.
As I was being handed the key to my new car I was told at the very last minute I would need a co-signer because I was a first time buyer. I was ready to walk out but by then I was so hooked on the idea of a new car that I reluctantly asked a relative with EXCELLENT credit to co-sign and he agreed. I again inquired about my interest rate and they said they would get back to me after checking my co-signers credit. In the meantime they let me take the car, a Kia Rio, home for the weekend.
The car heater did not work and I nearly got frostbite driving to the hospital where I work. Over the weekend I got a call from the salesmen who said that even if I did not get a co-signer he would make sure I got the car. 2 days later the business manager told me the co-signer had been approved and I was overjoyed.
I naively assumed that the interest rate would be based on the co-signer's credit. I was expecting 0.0% or close to it. Boy was I in for a surprise! I was told the rate would be 18% because the cosigner lives in another state! I told them to forget about the deal but the manager told me that if I just made 6 payments I could refinance down the line. I said OK. They asked me to bring in proof of income but when I told them I made only $4000 in the last 4 months they balked and said forget it. Even though I don't have a large income I do have savings and school grants but this didn't satisfy them so I just said good riddance!
I believe that even though my co-signer has excellent credit, because he lives in another state it would be a hassle for the dealer to sue him should I default on my loan. I am GLAD they turned me down. In 3 months I will have an excellent job and I assure you that I will NOT do business with these people again. I advise others to steer clear of them as well!
Norman
Duluth, Minnesota
U.S.A.
This report was posted on Ripoff Report on 02/14/2003 11:55 AM and is a permanent record located here: https://www.ripoffreport.com/reports/kia-of-duluth/duluth-minnesota-55806/kia-rip-off-duluth-minnesota-45429. 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
If you would like to see more Rip-off Reports on this company/individual, search here:




Advertisers above have met our
strict standards for business conduct.