Public Roundtables: Protecting Consumers in the Sale and Leasing of Motor Vehicles, Project No. P104811 #00034 

Submission Number:
00034 
Commenter:
Brian Buttolph
Organization:
US Army
State:
Louisiana
Initiative Name:
Public Roundtables: Protecting Consumers in the Sale and Leasing of Motor Vehicles, Project No. P104811

I am writing this on behalf of my son Brian who is currently deployed to Afghanistan, I am his POA while he is deployed. He purchased a 2003 Chevy Tahoe from a dealership off post called Alford Motors in Leesville La in March of 2010. He paid $16,472.78. The car had 92,000 miles on it. He was trying to get home to Ohio to get married, and couldn't afford a plane ticket so he bought the car. Last Fall my daughter in law and I tried to trade the car in on something smaller and better on gas as she is traveling while he is deployed. She was told by a Chevy dealer in Ohio that he owes $14,000 on a car that is worth $7000 according to Kelly blue book. He said there was no way anyone would do that. We again tried to trade it in this year in NC as my husband is stationed at Ft Bragg. We were told the same thing. He owes double what it is worth. He is paying $500 a month for 3 years on a car that more than likely won't even live through the loan. My husband is a Staff Sgt in the Army and frequently accompanies his young soldiers to look for vehicles. He tells me it is frequent practice for dealerships to try to take advantage of young soldiers, that is why he goes with them. Please put a stop to this practice. Thank you, Cheryl Palmer