Toyota Motor Credit Corporation Consumer Loan Complaint

Vehicle lease Taking out the loan or lease

Toyota Motor Credit Corporation Consumer loan department,

Vehicle lease Taking out the loan or lease Ohio

We leased a - - from - - in -, OH in the year -/-/-. The Owner of the vehicle was my friend - -. I was the co signer. We leased the vehicle for - total years and always made payments on time. The lease worked in a such a way that, We could pay the rest amount of approximately $8100.00 at the lease end and own the vehicle. After the - years however, - - and Toyota Motors together warned and requested us to drop the car off and the Customer representatives with - confirmed with me that I would not owe them any money after I did so. We wanted to buy the car for the rest $8100.00 in balance but they did not let us do so. After some time, - let me finance another - - as a single Owner ( -/-/- - -, Present Owner ), But reported a $8100.00 balance to the credit report agencies as a debt I owed them for the earlier car I leased and returned. Toyota financials and - - acted unethically in a malicious way treating their loyal customers by not letting us buy the car and reporting a balance I did not owe them. I emailed - - back in the day to own the car for remaining balance of $8100.00 but they never replied as they intended to make more money from me and by also retaining the car. They did not try to help me out. I had so many problems because of losing the car and having a derogatory remarks on my credit.

Toyota Motor Credit Corporation customer in Ohio
Jun 26, 2015

* Source: CFPB Complaint Database

Toyota Motor Credit Corporation response to complaint:
Closed with explanation

Consumer disputes how Toyota Motor Credit Corporation handled their complaint

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