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LG Auto
LG Auto LGAutos.net Over Priced Used Vehilces Roy, Washington
25th of Nov, 2010 by User199326
LG Autos (lgautos.net) located in Roy, Washington, outside of Seattle is a "rent to own" used car dealer that over prices their vehicles significantly above Kelly Blue Book values and does not require credit checks.
The company offers X number of year leases with or without down payment and requires no credit check. A quick review of the company's inventory shows these cars for "rent to own"
1998 Buick Aurora with 130,000 milesTheir Price After Down Payment and 3 year "lease": 10,000Kelly Blue Book Value: 3985 (excellent condition)
2002 Jetta with 141,000 milesTheir Price After Down Payment and 3 year "lease": 13,600Kelly Blue Book Value: $5,100 (excellent condition)
1999 Mercury Villager with 130,000 milesTheir Price After Down Payment and 3 year "lease": 11,800Kelly Blue Book Value: $5115 (excellent condition)
These examples (nearly half of their inventory) show that LGAutos "rent to own" program charges more than twice what a vehicle is worth. If you're going to buy a car, protect yourself by doing your own research. Start with www.kbb.com and www.carfax.com. Don't deal with dealers who assume you don't know what a car is worth and will take advantage of you.
FYI - with a decent credit score, and over the course of a 5 year loan, a $10,000 loan costs about $200 per month to pay back.
Research Research Research and dont support dealers like these.
Comments
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4808 days ago by Roywa
There fair and honest people, yes you pay alittle more for rent to own car.
4786 days ago by Consernedcitizen
Total rip off... unsafe autos.. lawsuit
4775 days ago by Guardianagl
This message is in regards to Consernedcitizen. You must be an idiot! No you are an idiot. I have bought numerous vehicles from this company and have had a great experience each of the three times. Its organizations like LG Auto LLC that allow the consumer alternatives to making a vehicle purchase. Thanks to LG Auto LLC for giving us, the consumer, other alternatives..

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