Posted by John on 3/29/06

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I purchaed my first vehicle in 2004. It was a 2000 Mazda
626. The total price it was sold to me for was $13,330.
after having the vehicle for 6 months I found out that the
cars' blue book value is $7,000. This car was sold to me
for $6,000 to much so I let it go back. I put $2400.00 down
payment and the car note was still high. It was $375.00 per
month. I originally financed the car through the
dealership. I would pay them but then they sold my contract
to a credit union. Now this is on my credit and I want to
know if there is something i could do to get it taken off
of my credit. Also, is there a law that does not allow
delears to sell over the blue book value.

Re: Vehicle Purchase, 3/30/06, by Curmudgeon.

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