tuedd
New Member
- First Name
- Patrick
- Joined
- Apr 6, 2021
- Threads
- 0
- Messages
- 4
- Reaction score
- 2
- Location
- Orange County
- Vehicle(s)
- Rubicon
Rydell pulled the same BS on me last week well. Will never deal with them againThe short answer to your question is that Rydell is inflating the money factor on leases. Instead of the base CCAP money factor of .00203 (4.87% APR), they are jacking it up to .00273 (6.55% APR). This is for Tier 1 credit.
I'm planning to write up a long summary of my terrible experience with Rydell, which culminated with them jacking the base CCAP money factor up to an inflated .00273 on the day my 4xe arrived (after waiting 30 days for an in-transit order). Multiple calls, texts and emails about the terms being @ CCAP base money factor and they pulled this B.S. upon arrival, claiming they were entitled to make a higher profit on the vehicle due to increased "market demand". I don't deal well with unethical people and organizations.
Save yourself some time and $ and look elsewhere.
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