> What should I do about a bad overpriced car from a car dealership?

What should I do about a bad overpriced car from a car dealership?

Posted at: 2015-01-07 
It's not like you have a lot of choice in the matter. You overpaid, the car is worth a fraction of what you're paying for it (and will continue paying regardless of whether you sell or scrap it), and you've just invested heavily in a number of repairs which are not at all unusual on any car of that age.

Clearly, you need a car otherwise you wouldn't have bought what you have, and if you can replace it, it's likely to be with another old car which may soon need exactly the same types of repair.

Your best bet now is to stick with what you have, and to understand that as it's an old car there will definitely be other regular repair bills, but you can minimise them by ensuring that you maintain the car correctly.

Deliberately wrecking your car to claim on insurance is fraudulent and could earn you a criminal conviction and fines, and regardless of whether your aunt had a lucky break, you will still have to make payments on what you still owe. The insurer will only pay out the market price for your car anyway, less your deductibles. So you end up with far less than you could get by selling it privately, have no car, and a large debt to service. All you'd gain is freedom from the costs of running a car, but that's not much good if it means you can't attend work or college.

1. Find and keep a good mechanic who runs his own shop. There is one somewhere within a day's drive from you.

2. Never buy a vehicle, used or new, without your mechanic's advice. We bought a new truck from a dealer, and had our mechanic check it out. He found six things wrong.

3. Get it firmly in your mind that the extra $6000 you are paying is merely your tuition at the School Of Hard Knox. The dealership knows that it would cost you four or five times that much to go after them for the amount they ripped you off.

4. Research the other ways dealers cheat, such as giving you a "good deal" on your trade-in, and selling you a new car at an extremely attractive interest rate. Three weeks later they tell you that they made a mistake in the finance application, and a new rate is now in effect. You scream and say, "TAKE BACK THIS NEW CAR AND GIVE ME MY OLD ONE BACK!" They can't, they say. "We crushed it already."

4. After your good and trustworthy mechanic has saved you from a few further fiascos, remember to recommend him to your friends.

You signed the paperwork so you're stuck with it. a 99 malibu wasnt worth 8k in 99. and you're paying that for it in 2014. its a crappy car. You could sell it but you would be lucky to get 1000 for it , part it out and maybe get 2k or 3k or last but not least stop paying for it but it would be hard to finance a car again. chalk it up as a life lesson avoid car lots at all cost go to a dealer or private party with cash

Blame yourself, you signed the paperwork and took delivery before you asked anyone a question.

You did not take it to your trusted mechanic, you did not discuss the car deal with the loan officer at your bank.

It is a lease.

a lease is different from a purchase.

Nowadays, you have to see what you can get away with.

They obviously did.

Give them a chance to make it right.

Lock and load.

Stop making payments on the car. It will go away fairly quickly when the dealer repossesses it . Of course, your credit rating will be shot and you will NEVER be able to finance another car, but that's not MY concern.

Hi well you will go to these places what do you expect the price is reflected in the year of the car.so next time buy a better newer one from a different dealer.

Every repair cost you have listed comes under the general maintenance category on any 15 year old car.

Seems you took a deal without looking into it, and got suckered.

you had to replace wear items? and your argument begins exactly? break your lease, i dont giv a fk

fire touches it !!!!!!!!!!!!!!!!!!!!!

In March, I leased this 1999 Chevy Malibu that is valued around $2000 in the Kelly Blue Book, but I'm paying close to $8000 for it. (It was my first time working with a car dealership.) Since I got the car I had to replace the fuel pump, starter, alternator, serpentine belt, and now the brake rotors and pads. They also gave me the car without fixing the backseat window. And I still owe a little over $5700 on it. I don't want it anymore. What should I do?

Also, my aunt got a car from the same place (also over priced), and had a wreck couple of months later. And the insurance company questioned them car dealership about the price of the car. Long story short, she never heard from them again, they don't even have her in the system anymore. They have not call for any payments, She still owed a good chunk of a amount. Should I do the same thing? Wreck my car....