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Cadillac Forums: GMAC rep tried to arrest my STS
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  #1 (permalink)  
Old 09-10-08, 02:38 PM
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GMAC rep tried to arrest my STS

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Long story short. about 3-4 month ago me and GMAC ( who i am /was leasing my 06 STS through) had few issues over payments that they tried to add on top of my regular payment. So I told them no way and will stop making payments till issue is resolved. they said, oh, we will repo your car, which I said, if you smart, you'll not do that, ( when car go to the action, they will loose more money then what we were disputing over). I also have 2 home loans from GMAC as well. so then I recieved latter saying that they shoting down my equity loan, ( which i had, but never used it anyway ). all this is really pissed me off.
so, end of last week, I got a phone call from GMAC rep in San Diego telling me that he needs to pick up the car. I said ok, but I am very busy right now, and need to take some stuff out of the car, and put it back to stock. I said I will call you mid this week, and he said fine.
Monday late night, my dog ( 100 lb doberman, and always pissed off) was jumping on the fence ( usually when someone near my house).
I go outside and see somebody running away from my car, and quikly jumping to his tow truck and took off. ( he could not take it, because my wife car was right behined). she goes to work very early, that why her car is alway behined.
I go back to my car, to see what happened, and then I noticed Club on my steering wheel. what really made me mad is is that we had verbal agreement and he tried to "F" me. so I called him back and rep said, sorry but sometimes we have to lie to people to make sure we get the car.
what he did not know is, what I do for living, and what vehicles I work on every day.
so next morning I got a phone call from him, asking me where is the car. So I had to tell him that he needs to call GMAC and tell them what you had told me last night. and BTW, ON Star is disabled.
Pictures below, is all I had to do, so I can drive my car again to the safe place. ( with CTS steering wheel on it )




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Old 09-10-08, 02:48 PM
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Re: GMAC rep tried to arrest my STS

Let me see if I have this straight:

You stopped making your payments.............

GMAC sent someone to repo the car.............

you stopped them from retrieving their property by switching the steering wheel and hiding the car..................

and you're mad at them?

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Old 09-10-08, 02:55 PM
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Re: GMAC rep tried to arrest my STS

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Originally Posted by The Tony Show View Post
Let me see if I have this straight:

You stopped making your payments.............

GMAC sent someone to repo the car.............

you stopped them from retrieving their property by switching the steering wheel and hiding the car..................

and you're mad at them?

yes you got this straight,
I stoped paying and agreed to give them car back, right after I take my stuff out of it.
not planing to hide it forever from them, just till I swap wheels, nav radio, Video and Audio system. which I installed after I took a lease on it.
I don't think I am doing anything wrong in this case
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Old 09-10-08, 03:11 PM
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Re: GMAC rep tried to arrest my STS

Alrighty then.
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Old 09-10-08, 03:25 PM
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Re: GMAC rep tried to arrest my STS

You might not think there's anything wrong with what you're doing, but I certainly wouldn't take my time doing so as the next knock on your door may very well be the police... or a couple rather large men in dark suits.

Either way... I'm just having trouble wrapping my brain around why one would make so many aftermarket mods to a leased car in the first place, but that's just me...
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Old 09-10-08, 03:34 PM
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Re: GMAC rep tried to arrest my STS

Quote:
Originally Posted by yourgmsolutions View Post
I don't think I am doing anything wrong in this case

You've got hundreds or thousands of $$$ in mods on the car, but can't make the monthly note.

You're in the wrong here, period. Take your crap off it and do the right thing.
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Old 09-10-08, 03:40 PM
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Re: GMAC rep tried to arrest my STS

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Originally Posted by AMGoff View Post
I'm just having trouble wrapping my brain around why one would make so many aftermarket mods to a leased car in the first place, but that's just me...
reason for mods is very simple.
it was kind of like a demo car, ( i work with caddy dealers)
to show, what can be done. plus everything that was installed, was made/designed for plug and play installation.
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Old 09-10-08, 03:48 PM
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Re: GMAC rep tried to arrest my STS

Quote:
Originally Posted by Rolex View Post
You've got hundreds or thousands of $$$ in mods on the car, but can't make the monthly note.

You're in the wrong here, period. Take your crap off it and do the right thing.
it's not about if I could not make payments. lease was almost paid. I had only litle over a thousand $$ left on it.
my security deposit was 1K, and GMAC said that they are not giving back to me, period. so I said, just take your car then.
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Old 09-10-08, 04:01 PM
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Re: GMAC rep tried to arrest my STS

a repo goes on your credit. good luck getting another loan. oh, and you said you have other gmac house loans? they'll call your notes.
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Old 09-10-08, 04:03 PM
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Re: GMAC rep tried to arrest my STS

Notes would not be cross-collateralized
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Old 09-10-08, 04:11 PM
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Re: GMAC rep tried to arrest my STS

There was probably a better method of handling the dispute with GMAC, and I am rather amused that you found a way around the club.
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Old 09-10-08, 04:27 PM
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Re: GMAC rep tried to arrest my STS

Quote:
Originally Posted by Brett View Post
Notes would not be cross-collateralized
yeah but a lender can pull a note anytime, no?
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Old 09-10-08, 04:33 PM
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Re: GMAC rep tried to arrest my STS

Quote:
Originally Posted by urbanski View Post
yeah but a lender can pull a note anytime, no?
Not unless the terms of that specific note were violated. His mortgage would not have contained such language. His 1st may not have even been originated with GMAC, it could have come from numerous other sources and they ended up with servicing rights. The HELOC on the other hand would most likely have come directly from a GMAC retail source. that could be why it was reviewed and frozen. Though i suspect if the HELOC contract allowed for any type of cross collateralization, they would have just taken the patment for the lease off of the line. Wells Fargo will do that if you have a bank account with them and are not paying on a car loan with them. Of course all of that is in the fine print.

Anywho....you're not going to see that language in a first mortgage ever really, they change hands too much between servicers and secondary sources that it would render it moot anyway.


To the poster. This will effect your credit and it doesnt make a lot of sense, but hey, its a free country.
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Old 09-10-08, 06:52 PM
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Re: GMAC rep tried to arrest my STS

I would have just cut the club off, or bought a club buster and broke it, all the repo guys have club busters they are less than 100 dollars
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Old 09-10-08, 06:52 PM
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Re: GMAC rep tried to arrest my STS

i had my buddy put one of those locks on my car wheel once.
I was doing some work for a buddy the night before and funny enough had a grinder in the trunk along with a long cord and some other tools.
I found some paper to protect everything and grind it off. i then got home and got a buddy to weld it back together shorter and threw it in his truck as a joke ( not locked up)
LOL we had a laugh for a while.
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