Warning after car dealer sold debt-ridden vehicle
0 Comments | Waikato Times, Mar 10, 2010 | by WOLFE Felicity
Embattled car yard owner Api Hemi is in the gun again after taking out finance on a Toyota Landcruiser and then selling it to a Cambridge couple.
The debt was not disclosed to Giovanni and Helen Di Maio when they bought the vehicle in 2007.
Now they are warning other Mega Motors customers to check for hidden debts after discovering Mr Hemi owed UDC Finance $8000 on the car they bought, when they tried to trade it in last month.
Because UDC held a registered security over the Landcruiser they could not complete the deal.
When Mr Di Maio rang UDC, he was told payments had stopped and UDC wanted to repossess the car.
“It wasn’t until pushed that she said how much was owning and . .
stopping repossession
