Proposed Consent Agreement In the Matter of Paramount Kia of Hickory, LLC. #00003

Submission Number:
00003
Commenter:
Keith Orsini
State:
North Carolina
Initiative Name:
Proposed Consent Agreement In the Matter of Paramount Kia of Hickory, LLC.
Matter Number:

132-3191

Thank you FTC for monitoring this kind of advertising! These ads on TV and in the print media have such small fine print and then people's excitement of buying a new car lets them get taken advantage of. They say they didn't know the monthly payment of the vehicles they were selling jumped from $99 a month to over $500 a month! 69 payments of $400+ a month for the consumer?!! If they did know? Shame. If they didn't ? Who is in charge over there????Should be extreme penalties and a free car for anyone who bought it that way. $400+ a month can crush most people nowadays. A real message needs to be sent to the other dealers.