Returned vehicle to purchase before Smart-Buy contract with GMAC would end the following month. Re-financed outside of GMAC with another issuing bank. Funds released from new bank to dealership before doors closed to public in Nov '08 and re-opened under Hyundai across the street with same staff.
Problem arises aprrox eight months later from GMAC with a question of an 11k debt of the buyout. My question with GMAC, why does it take that long for the original lien-holder to realize a title discrepancy, and why did the dealership under the new "alias" have no record of my purchase? The new bank released the check in October 27th to HUSTEDT? Where did the funds go? And once again after calling both banks GMAC and Capital One to check the status of the transaction in October when the issue was fine; eight months later it is not?
After finally calling three different parties in frustration over a three-month period I have decided to file here and with the Attorney General's office of New York in Albany. I am grateful for this site and for those individuals that have also posted here. I understand their frustration, have had other leases in my life, and NEVER had to deal with anything as CROOKED as this in my life.
The general manager of the new HUSTEDT dealership claims to have cut a check of 11k to GMAC because of this morning's outcries to the general public. Another question to ask, how are you even able to get 11k to GMAC if you have no records of any your Chevrolet customers?
