Yes I financed a 2001 Grand Am GT on March 6, 2009 and was told when I bought the car that it would be financed for 36 months. I just called for a pay off and they told me that the car was financed for 100 installment payments which translates to 3 years & 10 months.
A total rip off. That means that I am paying almost $15,000 for a car that is almost 10 years old with an excess of 90,000 miles on it. I can't even trade it in because the payoff is too high. This company takes advantage of people at that lowest point when they are desperate for a car.
There definitely be something done about this company.
I am writing my congress and will speak to everyone who will listen about the rip off that is taken place. A Class Action Suit...yes, I will be on the band wagon for that....count me in!!!