MFC finances a car that is ******, then impounded and I must still pay instalments.

<p>I bought a car from a dealership in Sandton in December 2016. This car was financed by MFC. I have used the car until the 2nd of March 2017 which was my Birthday but a very bad one.</p> <p>I got a call on the 1st of March 2017 from Budget insurance saying that my car was reported ****** by the previous owner so I met with Budget insurance and the dealer on the 2nd of March.</p> <p>The car was subsequently impounded by the SAPS on the same day as apprarently I have been driving around in a ****** car and it was a risk.</p> <p>I called MFC who advised that I should right them a complaint letter which i did the next day indicating that i want this deal reversed and my money back.</p> <p>I got a response to my email indicating that MFC dont have any legal recourse with teh dealer and that its my responsibility. Seriously? MFC finance ****** cars?</p> <p>Now I am 9 days without a car that I am still paying for and MFC doesnt care. In my opinion, any Legitimate finance house should be resolving this problem. Instead they direct me to the Ombudsmen and advise that i should keep on paying installments to avoid getting balcklisted or a negative credit record.</p> <p>I did receive a call from one Shaun Philander on the 7th but was unable to take the call so i responded via email and called over 10 times but the phone just rings.</p> <p>I should note that the dealership is assisting somewhat but I am in a preacrious situation when i should not be.</p> <p>If this is not resolved, then I will post back here and advise people NOT to finance with MFC, else you could end up an innocent victom as well.</p> <p>MFC - I need you to resolve this with the dealer, NOT ME.</p> <p> </p> <p>MFC Ref: ********** 0002</p>