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Report: #370497

Complaint Review: New Jersey State Auto Auction - Fleet Lease Network - Jersey City New Jersey

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  • Reported By: Jersey City New Jersey
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  • New Jersey State Auto Auction - Fleet Lease Network 406 Sip Avenue Jersey City, New Jersey U.S.A.

New Jersey State Auto Auction - Fleet Lease Network Steal the mandatory $500 deposit Jersey City New Jersey

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BEWARE!!! When you go to this dealer, they require that you MUST put a $500 deposit on any car of your choice in order for them to see if you will receive a loan. BE CAREFUL - the paperwork that you sign specifically says that the deposit is non-refundable, but the salesman will tell you: "don't worry about that, we only keep $75 if you are not happy with the terms and agreements or if you don't receive a loan" ---

Bullsh*t, they make sure that you get a loan at a ridiculous rate (50% interest) and they NEVER refund your deposit when you tell them that the rate is ridiculous. Also, if you try obtainining your own loan independently, the local banks do not honor their business.

You are better off going to DiFeo (down the block), or another real dealer who will run your credit without taking any deposit.

If they get 5 suckers a day, they've already made $2,500. If you actually go through with the loan, they get about $4,800 per customer. BEWARE!!!

Kevin
Jersey City, New Jersey
U.S.A.

This report was posted on Ripoff Report on 09/06/2008 07:19 PM and is a permanent record located here: https://www.ripoffreport.com/reports/new-jersey-state-auto-auction-fleet-lease-network/jersey-city-new-jersey-07306/new-jersey-state-auto-auction-fleet-lease-network-steal-the-mandatory-500-deposit-jers-370497. 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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