Legal Question in Product Liability in New York

automobile reposession

I just tried my first bank financed auto loan.

$9000.00 for a 95 pontiac grand am. The car I have for 4months, it has been in shop (9) times, I never have it more than 1 week.

I want to return it, it is dangerous to drive. If I return it and refuse to pay anymore, can the bank come after me for any more moneys, other than the car itself that I don't want anymore? 185.00 a month for 4 months so far, it keeps breaking or doesn't run at all...

please reply?

Artie


Asked on 4/02/01, 5:27 am

1 Answer from Attorneys
Robert R. Groezinger GroezingerLaw P.C.

Re: automobile reposession

I received your post on 6-4-2001

The bank lent you the money. They are like the loan shark on the corner. They do not care what you did with it..they get theirs. Raise a stink with the dealer and call the NYS Attorney General.

Good Luck

RRG

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Answered on 6/04/01, 9:42 pm


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