Hyundai Capital America Consumer Loan Complaint

Vehicle lease Managing the loan or lease

Hyundai Capital America Consumer Loan department,

Vehicle lease Managing the loan or lease California

I leased a vehicle in - - ( Hyundai Sonata ) and traded it in for a different brand car lease ( Mercedes Benz ) in - -. We received the payoff amount of - - and change, which new car dealer confirmed and paid it off. In - - I received a call from the new dealer that the Hyundai is asking for more money to release the title of the vehicle. I provided the new dealer with several monthly statements that I had stating - balance. A few weeks after providing the new dealer with the statements, I received a default notice that asked me for the payment of - - and change. I have made several attempts to call Hyundai 's default department and no one seems to know what is going on until I spoke to someone high ranking on -/-/- at - hrs who made no sense and stated that payoff amount that we quote is not an actual payoff. I have never had such a bad experience with a car company before. " Payoff '' to laymen folks mean " payoff '' and I believe that these people are delaying the process just to send the file to collections. Dear Sir/Madam, I really need your help in resolving this matter and can not really afford to be ripped off as a consumer and a law abiding citizen. Please help me deal with this unfair and greedy corporation.

Hyundai Capital America customer in California
Mar 14, 2016

* Source: CFPB Complaint Database

Hyundai Capital America response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Hyundai Capital AmericaComplaint HistoryComplaints3/20125/20127/20128/201211/201212/20121/20133/20134/20135/20138/20139/201310/201311/201312/20131/20142/20143/20144/20145/20146/20147/20148/20149/201410/201411/201412/20141/20152/20153/20154/20155/20156/20157/20158/20159/201510/201511/201512/20151/20162/20163/20164/20165/20160246810Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Hyundai Capital AmericaManaging the loan or lease3.6%76.4%8.5%10.9%0.6%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefIn progressSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageManaging the loan or lease1.9%76.9%9.2%8.4%0.5%1.4%1.4%0.3%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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