GMAC Complaint - GMAC are IDIOTS! - GMAC Auto Financing
Great story. True, hand raised to GOD as I write.
In 99 bought a TransAm, financed by GMAC, $32K financed for 5 years, plus all the interest, PAID IN FULL, 60 payments later, on time, never late.
In 2000 bought a Yukon XL, finance by GMAC, $50K financed for 5 years, plus all the interest. Paid 59 of 60 payments, when mysteriously GMAC claims they never received the FINAL PAYMENT in the mail. After numerous phone calls to GMAC saying it was sent (which it was), each time with the GMAC representative saying, "Let's wait a few days", we awoke the day after Xmas to find a tow truck taking my truck. The next business day (God knows GMAC never worked a weekend) I called and canceled the original check sent, sent GMAC the FINAL payment via Western Union, which cost a bunch, and PAID a fortune to get my now PAID for Yukon from the company holding the truck. Can you say GMAC are IDIOTS!!!
Now the kicker, as if this is already enough. The past Wed, we went to purchase a new ACADIA, financing over $50K with warranty, bs, bs, the dealer (Mataga GMC) let's us roll with the car, a weekday when they could check with GMAC for APPROVAL. Get a call on Saturday that GMAC denied the deal due to them having to repossess the Yukon! Credit report shows a repo, followed by PAID IN FULL! Can you say GMAC is stupid!!! and yes, I tried many, many times to have GMAC remove the repo from our credit, but like the US Government, GMAC is also NEVER WRONG!
That does it! Love the Acadia, but even for FREE, I WILL NEVER OWN ANOTHER GM product. A sad story, but so so true!