Originally Posted by Nimz
But otherwise this loan is still being auto-drafted out of my account. I mean, it's my loan but the dealership obviously intended on selling the trade-in. So the loan should be covered in full, no?
How then, since the amount is $13xx dollars, what if in another case the remainder was like $11,xxx dollars. Same principle still applies? Dealership's fault for not checking into the amount?
I don't get how this doesn't come back on me honestly.
Don't know if I'm missing something here......
If the dealer bought out your loan as part of the deal (which your first post suggests), then you shouldn't have the loan 'auto-drafting' since that transaction. And that being the case, they should have discovered the discrepancy the moment they bought it out......and likely contact you asking for more $.
Maybe I just mis-interpreted what you meant......