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10/24/09: Doubled Interest Rates on Car
Title:

10/24/09: Doubled Interest Rates on Car

Published:Sat, 24 Oct 2009
Description:Rick talks to a caller about Car interest rates.  10/24/09 
+Automatically Generated Transcript  (may not be 100% accurate)

" show is online and on demand. Turned to Richard you Saturdays one before Sunday's nine to noon on."

" It about it being questioned again you have to be familiar with Utah a lot. But he read about it cart two weeks before at the box that the decade before I'd move. They came back -- mean Whitley interest rates being doubled."

" who who who came back that you. This same brand new car used car."

" Bob so it was you cardinals five."

" Okay and hagee signed. Had you. Did you have possession of the car."

" Idea that I bought it at 9 o'clock midnight -- credit CV on 9% interest rates. "

" They put that writing. That they said we'll give you 9% they put in writing. It. Okay so they didn't put the 9% right."

" They'd they'd they. They did put in writing and in news in -- India fight and in the print it's like contingent upon financing at its higher you have the right to refuse that -- your favor. That will lower."

" I've you're confusing -- they're two different issues that you you you side you signed an agreement to buy the car. -- rub and in in the agreement to buy the car it that's where it's a contingent on -- getting financing. And in the end they put any numbers at that that a financing as did they just say contingent upon your getting financing but you can back out."

" They based it on 10%."

" say said if who was 10%. Or it was higher than 10% you can back up. And amp that was in writing. Okay so the next day and did you take did you drive the car away that night I know."

" Idea treated by Mercedes for pathfinder and I drove ago."

" I mean that was your first mistake -- it was contingency they which you didn't now. In any event the next day they came back and said well deal is we can only give you what -- 18% interest."

" Yeah actually it was it was. Nineteen point 30 -- in the next day it was two weeks later."

" Well. What I shot at it in retrospect I would never had taken the car. Based on that I would of unity yeah any time getting contingency like that -- you know you eat it but once you get when you take the car you aren't. You. It's like. It's like -- the toothpaste back into the into the tube because they've got your car and so on so forth. My suggestion is you live in Boston now my suggestion is to call the end if you if you get an attorney that you might wanna do so. The attorney general in. Utah and CVB may be able to bring some action."

" Plug that the -- because two weeks that night. Before I left for Boston I thought about going to box then well robots that okay the night before I left for Boston than Knight became back to meet with the dub."

" Well I mean that may that you may be that and that's kind of in -- frankly I mean it it it is that they're gonna quit they're gonna get a claim was a coincidence. In May very will not be they may say well he's in Boston is not gonna do anything but I would I would get in touch with the attorney general and in. Utah. And I go after that -- the other I suggest to people here and I would suggest you do with the even though he -- you lived in Boston I would call some of the major television stations out in the area where this this dealership is and tell them what happened. And tell them you know that you may be interested in following up on this in the may be story and I would call the calm whatever this dealership as a says. I've I'm calling TV -- and not the radio station radio stations generally don't do that. But it makes for good television. And they may back off but that's the only gonna be able to to get to get any satisfaction and in the future again if there's a contingency. Don't take don't take something don't finalize something if there's a contingency until the contingency has been. It has been itself finalist Ben thank you very much for the call."

" Thanks for downloading and listening to the money show with Rick -- Come back -- Boston's talk evolution but these 69 WTKK. It is fun line and on them."

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