The dealer was closed by the time my purchase was finished and he told me the car titles were kept in a separate location because they have been robbed before. To me the story made sense. He let me take the car home on his dealer plate and told me he would bring the title the next morning.
Well the next morning came and went and this afternoon I still have no title, its my understanding it’s not uncommon for a dealer to purchase a car from an auction and have the title follow 3-4 weeks later.
However it’s already been 4 weeks since the dealer purchased this car and no title ever came with it. So right now I have a car I cannot register, no title, and no answers as to why this car was even sold to me.
The dealer was trying to locate the title, but the auction place doesn’t have it either, the wholesaler they got the car from never brought it, so now I have to return the car, but I refuse to return it until a full refund hits my account. Honestly I could care less about the money I want the title to my car!!
Is it common for wholesalers to sell cars at auction knowing they don’t have the title? what is the new owner supposed to do with this vehicle? Supposedly this wholesaler sold the auction 75 cars without titles.. where did the cars come from? does that mean they are all stolen???
Now the dealer wants to come and pick up the car and his dealer plate from me by Thursday so he can go get me another car from a title attached auction. I told him not until I get my money back I will not be returning anything to him until then. Can I do this?
Originally posted 2009-08-09 03:25:59.
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On 2 Nov 2007, I have been aware of the debt listed in the amount of $11,473.20.
I also have been going through personal finances to see every and each possible
way to fulfill this in a settlement. Please ensure that I do intend paying off this
debt in a respectful manner. I have exhausted every financial obligation in order
to make an offer in the amount of $7457.58 without having to file for bankruptcy.
Due to my poor credit caused by GMAC, I have no other resources other than the amount offered above to fulfill the amount you seek.
If agreement(of my offer) is made, payment will be rendered within 90 days in the full amount offered.
GMAC did not notify me of debt until I received your letter. They also did not notify
me of the auction on my vehicle which from I understand is required by law. I did leave corresponding address/phone number to my assigned agent at GMAC contact me regarding debts, questions, or concerns. I consider GMAC disrespectful to the amount of my debt.
Regards,
Originally posted 2009-08-16 23:12:36.
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