We bought a new focus back in 2004, being absolutely ignorant, (and having ok credit) we believed the salesman that we had to purchase GAP insurance and an extended warranty in order to get the financing approved. The car payment was 455.00 and we paid on it for almost 2 years. Which is over 11000.00. In june of last year, They took the car as we could not afford it any longer. They sold the car for 8500.00 and did not tell us when and where the sale was held. Now, They are trying to collect 8600.00 more from us . At the time we bought the car, the price was just about 16000.00. after they added the extra insurance and warranty, it was just about 20000.00 for a ford focus.
at 19% for 6 years. Is there anything We can do about this or are we just stuck with this exhorbitent debt? Thanks![]()

