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I am an exotic car dealer and I am exposing this company after a friends daughter came to me for help. The level of accountability this company worked under was appalling. They even hung up the phone on me after being confronted.

CNAC is a shell company financer for J.D. Byrider. They intentionally structured this company to extort money long term from anyone in hard times or not very knowledgeable in automobiles. This way their dealership name is never in question or legally exposed.

The catch being we will finance anyone today and not show KBB/NADA of the vehicle. Under the notion the sales team is selling the car at its market value as they tell the customer. (Buyer be ware) But at some point you have a moral obligation to running a business.

This dealer is so bad they would not even discuss the price of a vehicle before running the customers credit. Then they come up with a price they want to finance you at and tell the customer what cars they could potentially purchase.

They sold a $3k car at $13,800 then push a short term loan on at 22% essentially selling the car for $18,848.

This is probably the most scandalist company I have ever come across in all of my years of owning a dealership.

Reason of review: Pricing issue.

Location: 704 15th St, Panama City, FL 32401, USA

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Penny B Ica

Hind sight is 20/20. I currently have a deal with the devil.

I was working a full-time medical position when I bought my car. My husband and I were broke. Our only vehicle was a 15 year old GMC Jimmy that had no rear defogger, no heat, no air conditioning, a leaky radiator, the driver side door would not close, balding tires, a failing drive shaft, broken suspension, and for some reason my brakes needed to be fully replace every 6 months and we could never figure out why. We did her income tax and receive $10,000 as our combined refund.

my husband bought a used truck but it was one that he had looked for for years. Although he bought it at a dealership an hour away from where we lived, he was happy even though it only had a 90 day warranty. The money remaining was to be mine to purchase a car I was supposed to have $8,000. Right after the 90-day warranty expired the motor blew on the truck it took $8,000 and 3 months to fix it.

This left me with a severely broken vehicle, no money, no cosigner, and bad credit. I had already been declined by another dealership. I ended up at JD Byrider. I was shown cars that I qualified for however I bought a car that was slightly out of my range and I did this by making down payments for a few weeks prior to my bimonthly payments beginning.

The car was only worth $5,000 at best I had numerous problems where it had to be towed to the dealership for repair and it was always for the same thing. I went to pick up my "fixed" car in a snowstorm only to find out that it would not start it ended up being the problem I had told them it was in the beginning. So, first off they charge triple of the cars book value secondly they get you the loan with CNAC. My payments are $185.70 every two weeks.

The car is currently worth $3,000 and that is approximately what I have left to pay after 3 years of payments. I became disabled and I am receiving disability and I had asked CNAC to remove my debit card information after every transaction do to a previous problem a payment being put through without my authorization. I received an apology and it was her suggestion to remove the information after every payment to prevent this from happening in the future. I have been expecting my car to be repossessed at this point I have accepted it however a day after receiving my disability payments my husband discovered that CNAC add used my debit card which was supposed to be removed from their system to make 7 unauthorized payments of $185.70 (totaling $1299.90).

Now I am fighting it through my bank because I can't get anyone from CNAC to respond to me, they suggested pressing charges with my police department. The PD said to get a lawyer, there's nothing they can do other than put a complaint on file.

So now I need a lawyer, I have no money, the car is broken, my car insurance didn't get paid because there's no money after what CNAC did, I will be evicted along with my husband and 3 kids, and my pets because of what CNAC did. They could have repossessed the car but instead they chose to ruin me and my family's life!

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