Public Roundtables: Protecting Consumers in the Sale and Leasing of Motor Vehicles, Project No. P104811 #00096

Submission Number:
00096
Commenter:
Thomas Cox
State:
Virginia
Initiative Name:
Public Roundtables: Protecting Consumers in the Sale and Leasing of Motor Vehicles, Project No. P104811

Dominion Chevrolet/GMC is Short Pump (Glen Allen), VA did to me what was described in the Tuesday, March 20, 2012 Richmond Times Dispatch. When I was about eight months from the end of a vehicle purchase I was called by Dominion who offered to pay off the balance of my loan if I bought a new vehicle. Given that this was in late 2008 and the state of the economy I figured it was some sort of promotion to get people in. It was only months later, when I had lost my job and sat down with someone to look at debt options, was I educated on what had happened.