Submission Number: 00100
Received: 3/24/2012 11:49:16 AM
Commenter: Hal Roberson
Agency: Federal Trade Commission
Initiative: Public Roundtables: Protecting Consumers in the Sale and Leasing of Motor Vehicles; Project No. P104811
Attachments: No Attachments
I bought a vehicle from Infinity of Tampa. I traded in a Nissian Armada for a Infinity QX56. I never knew they were rolling in the payoff from the old vehicle into the new vehicle loan. It sickens me to think that I am paying for a vehicle that I no longer own. This proactice is a rip off for all consumers and should not be allowed by law.
I beleive if I trade in a vechile the responsiblity to pay off that vehicle should be that of the dealerships.