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I went to four dealers, with the voucher filled out in their name. After spending hours at each location was told there wasn't any chance I would get a vehicle with the terms roadloan wanted.

The final dealer sat me down and explained exactly what the problem was, how road loans was going to hit the dealership with 115% on the loan and their fees etc; which made it impossible for a dealer to even consider me for a car.

Today road loan called and asked how the deal went, told them it didn't then was told "oh we have dealers out there who will work with you" I told them forget it your wasting my time, the I heard a click. Thank god I did hear a click because after reading alot of these reviews I am glad I didn't get a car thru road loans.

Location: Michigan City, Indiana

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Guest

Welcome to road loans hiway of *** service bad rates basically legal mofia out of California.

Guest

I had almost identical situation. I was approved by Roadloans, filled out voucher, spent hours at dealership only to find out the deal would never go through. I spoke with the finance manager and he explained to me that in the past 3 years...they have only had 1 Roadloans deal go through and keep in mind this is considered one of their "preferred dealerships."

The finance manager went on to explain how the Roadloans terms made it nearly impossible to do the deal. Frustrated and tired of wasting time I called Roadloans to complain. They weren't very helpful, just referred me to another dealership and said they would file a complaint for the dealership I went to.

I ended up going to Carmax and the deal with through smoothly. But, in the end I know that I overpaid only bc I was tired of going dealership to dealership. My only hope is that within the year I can refinance and try to get a better rate than the 16% I have.

Guest
reply icon Replying to comment of Guest-594574

im going through carmax now, currently in a backruptcy but road loans will still approve me as long as i get a letter from trustee. Is it really simple at carmax and hassle free?

Do you come out of there with a car on the same day. Does carmax agree to the same the terms listed in rpadloans contract?

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