SACRAMENTO (CN) – In a state class action, a man claims a Ford dealer demanded he return the truck he bought, due to “financing issues,” then paid him $3,750 for the truck he had traded in, though it already had sold his old vehicle for $10,000.
Pasquale Salerno says he bought a 2006 Ford F-150 pickup from the Future Ford dealership in Sacramento in November 2009. Salerno says he traded in his 2002 truck and paid $400 down.
About a week later, Salerno says, Future Ford told him to return his newly purchased truck due to “financing issues.” When he asked for his old truck back, he says the dealer told him “it is the custom of Future Ford to return the trade in value given for the vehicle” and that his truck had been “wholesaled.”
The dealership paid him $3,750 for his old truck, plus the $400 down payment, Salerno says in his Superior Court class action.
Salerno claims a Future Ford employee told him, “Sorry, but we didn’t even make any money when we wholesaled it.”
But Salerno says he found out that Future Ford actually resold the truck for $10,000.
“Even more problematic,” he says, “Future Ford’s finance department actually knew that financing was not deemed complete … and willfully chose to immediately place the truck on the sales lot.”
Salerno seeks damages for consumer law violations. He is represented by J.L. Sean Slattery with the Del Mar Law Group of Del Mar.