Well it is not that simple. Of course I told the finance person that I did not appreciate the $895. (amended) per year charge for
six years which the loan happens to be. It raises the amount of the price of the car from $17,937. to $25.303. by the end of the loan. The reason I know she cheated us is that she told us she has had AAA for her car for years. So she knew that their
gap insurance is only $40. a year. She hadn't the decency to tell us about it for our deal though. I did tell her I am changing
our insurance to AAA and she said that once we get the policy number on the gap ins. that she ordered she will get it to me.
She also said she is taking the first $895. out of the $1000. down payment we gave for the car. Maybe that's how she gets her commission, I don't know. It still remains that she won't change the monthly payment but is leaving it as is. We originally
had told them that we did not want our payment to go over $300. When the this finance officer sold us this gap insurance
she made it sound essential that we have it and kept shoving a Lucite picture of all of the electronic components in these new
cars that can go awry. We really didn't know we could refuse or shop elsewhere for this insurance. We thought we had to have it before we drove the car off of the lot that day. Is there anything I can do to change this contract. Perhaps I could apply this extra cost to an extended warranty
. We are only being given 3 years warranty. The percentage rate is %2.99 which
seems good. Tell me what to think about this? I have a call out to the dealership owner because I received a letter from him today with his contact number. Can I tell him I have an ID # with You if I need to?
Please get back to me. Thanks. Kendra