Making the dealership liable to a civil suit since the carjacker was representing the dealership while committing a felony. I hope the guy takes them for everything they have.
eh, repo guys have carried, and used for as long as there have been the need for repo's. you might be surprised how violent some people get when you show up to reclaim your property.
@@DellikkilleD Brandishing a weapon is still illegal. And in this particular case the victim was not acting violently and thus the repo man was convicted of a carjacking.
@@chrisbolliger5717 he got unlucky and ended in front of an unsympathetic court. odds are good he will be fine on appeal. The dealership may be n some serious trouble, but he was acting within the norm for a repo. if this upsets you, look into bounty hunters. They can raid the wrong home, armed, with no warrant, and never face any kind of charges.
Whether he was current in payments or not, whether the dealer could legally repossess the vehicle or not, none of this matters. You can't run up to someone in traffic, demand their car, and flash a gun.
Yes, closed down and opened again at the same address, with the same staff (all of which are classed as independent agents, despite them being required to work fixed hours, have a fixed payment, and are also not allowed to deviate from the schedule at all, but are also only paid in cash with no other records of them at all) just different name, and same inventory. Might still have the same forms as well, just the old name crossed out and stamped with the new one, till the "guy who knows how to use Word" gets there to change the form to the new name.
@@SeanBZA If you really want to get this company. Call federal prosecutor and the IRS and pass on this info. Some of what you listed is criminal at the federal level. Tax evasion is a big no no.
@@JayAdams-ml5jf I have no direct knowledge, but this kind of shady work is pretty much a common thing with this kind of business. they change name so regularly that the process servers simply update the name when serving, because the person named is the same, address is the same just business is different. But hard to get the tangled web unwound in a lot of cases.
The guy who attempted the repo is not the only person responsible. He was told by the dealership management to get the car back despite payments being up to date. More heads should roll.
I agree. I read a little more about this, and the dealer is actually his son. The son actually showed up to drive the BMW back, at least that's what it seems from the article I read. Idk everything, but I wouldn't be surprised if the father covered for his son, at least a little. Maybe I just want to think that's what a father in this situation would do.
Correct, this is a bonafide RICO case. Multiple people were involved and I doubt this was the first time they did this to a customer. Customers that legitimately did not pay likely never reported the same thing happening to them.
The minute he touched the vehicle he was basically at a felony. Its Grand Theft Auto if you take a car you do not have the right to. The fact that prosecutors seem willing to allow Repo people to make "mistakes" or blame the institution with the "bad paperwork" is the real problem.
@@mikehathaway2842 Not true. The moment you take a car you believe you do not have a right to it becomes one. If you don't understand how intention matters you should stop talking about criminal law.
"the victim “was current on his account that day” and the dealership “was expressly told they couldn’t repossess the car.” " " “Hadad lifted his shirt to reveal that he had a gun holstered in his waistband, which led the victim to surrender his keys,” the news release states." The victim, “in shock," called Miami-Dade police, who arrested Hadad, initially on state charges, and located the gun. The case later became federal as the Honda was, according to a federal indictment, “transported, shipped and received in interstate and foreign commerce.”
So, the dealer is now closed…..all to avoid the civil judgement the victim has coming. Yet another of businesses being the biggest thieves in the country. Glad to see the dealer’s thug going to prison.
Maybe have a few cars or shop equipment. They might have run to the auction with vehicles but if you do that with shop equipment you take a huge loss, so the temptation is to try to hold on to that stuff.
Did the car buyer get his car back? I wonder, if the dealer shut down, then did they abandon the loan? If that happens, does the car buyer then get to keep the car loan free?
The victim WAS carjacked. Just because he thinks he had a right to do so does not change facts. There was no real misunderstanding here, except the criminal thinking he had a right. He should have just played it safe and stole it legally, by getting police involved and getting them to help take possession of it, even though he had no right. - This happens all the time unfortunately. But no, the man just had to literally carjack the victim. No, this is not something you hear every day. My god.
Exactly. Dealership employees don’t have qualified immunity. Just thinking you’re justified doesn’t make it. You have to be a trained law enforcement professional to use that excuse.
I purchased two months ago from a Knoxville dealership. IMPORTANT, before I closed the deal my garage checked it out. The Jeep needed new brakes and had a transfer case oil leak. The dealership agreed to fix it, then I gave them a cashier's check for the total amount. The next day they sent repo agents to get the car back since they didn't add the $1300 for the repairs. They threatened me with car thief if I didn't return the car. Finally the Better Business Bureau got involved and they caved. DAMN, I retired I get free legal aid and I would love to spend some time in court. Oh, when I did leave the dealership I had all the paper work, that guy was so dumb.
The owner of the dealership should have been charged too. Only charging the low level stooge means problems like this will keep happening. This should be a RICO case because it involved more than 1 person and its organized.
That happened to me! I traded my car in, took my new car home after finalizing the sale late on a Friday. They told me my credit union was financing it, but it wouldn't be final till mid-morning on Monday because the person at the credit union handling it had gone home for the day. The next week, they called me back in to "sign some more documents," I believe. When I got there, they said my payments would be more than what they told me, so we needed to redo the paperwork with the loan info on them. I told them, "Nah. I'll take my old car back and you can keep the new one." However, they said they didn't have my trade-in any more! It was already taken to auction. I told them that was a "them" problem - they could give me the deal we agreed on, or cancel it & give me my car back! That was literally their bad for not keeping my old car long enough to get the bank's confirmation. I ended up taking the new car home without changing a thing, and have no recollection or idea of how they ironed things out on their end, but I knew it wasn't my problem!
I got my Recovery Agent License in 1997 in Florida. It is regulated by the Florida Department of Agriculture. Although you are allowed to carry a concealed firearm in Florida - the statutes for repossession (FS493) and concealed carry do interfere with one another. During a repossession you are NOT allowed to possess that firearm. Whoopsie.
I might have missed it in the video, but was the carjacker a licensed recovery agent having a REALLY bad day? I don't recall hearing that he was anything other than "Random dealership employee" who really is old enough to know better.
As a Recovery Agent are you allowed to repossess an occupied vehicle? I've only ever seen them taken while parked. I assumed that was because it needed to be that way, but now it seems that they're doing it to avoid interaction with the owner.
If he had done that, the carjacker would tell the cops he's repoing the car, the kid would protest about the payments he made and be ignored, and the crazy guy would have the car anyway, with no charges and no consequences. That said, in every OTHER case (where the crazy guy doesn't have a story convincing enough for even a cop to understand), you are completely right in every way. One of my friends had a bunch of other girls in her car and found they were being followed by a carload of young men. Cell phone weren't a thing yet, so she drove directly into the police car parking lot behind the station (where they park and service the PD cars) and explained the situation. The managed to grasp the problem and surrounded the other car when it followed the girls into the lot. The cops signalled the girls to leave. They didn't see the boys again.
@@danwells9525 Thats freaking scary, and sad, glad the story had a happy ending. Though the sad thing is, what are cops going to do with the car full of men? They cant exactly arrest them unless they find drugs or one has a warrant, or something? I’d have wanted a cop to hide nearby, maybe see what the guys want, and assuming they did have bad intentions the second one laid a hand on me let the cops arrest them for assault. (If you carried anyway.) If not, stay in the car, and when they your car get them on property damage or something. XD Otherwise… those guy will do who knows what to other girls. Its just putting other girls in danger letting the guys go.
How was the employee able to find the car in traffic, in Miami? Probably had a dealer installed GPS device on it. Beware when buying from shady dealers.
This is one reason that financiers typically don't conduct their own repos. For one, legitimate repo men inform the police first, so that they know that someone didn't steal the vehicle when the call comes in. The victim DID get carjacked with a deadly weapon. He didn't merely think it.
I seem to recall a gang of broad daylight car thieves who, if questioned, would say "Repossession! Totally legal!" and wave a sheaf of papers at the witness. They had a makeshift tow truck- the tow arm hid in the truck bed. I believe repo companies also use these for stealth repos.
I always thought they outsource repos and collections not because it's too difficult or costly to do it themselves legitimately, but specifically in order to protect their money and reputation when repo/collector does something illegal. Atleast it worked like that in my country like 20 years ago. it was not a rare sight on the news where a bank or credit company has sold debts to collectors who are basically expected to be criminals and hire thugs to harass people and their families. The little temporary firm itself has no money to compensate victim, and for individual thugs it's a high risk, high reward, as some don't get caught or prosecuted, and it's a legal occupation until that happens.
I just had an experience where cops did nothing. I reported a dangerous driver running people off the road and passing on double yellow around the corners on a high mountain pass in a no-cell service area, I got the name of the company truck and reported it when I got service. The RCMP (Canada) told me to "call them myself" ?!
Yes but… repo agents in Florida are PROHIBITED from acting while armed. That’s a huge game changer to flash a gun. Repo guy was lucky he didn’t get shot right there.
It's obviously not the most reputable dealer and probably doesn't care to the most reputable customer. The finance company didn't slip in that clause about the first two payments by accident.
In most states repossessions are legal only if they are peaceful. I only know this because i was in the business for over 30 years. The best way to repo a car is when nobody is around, then you don’t have these problems.
When I did repos in the early 90s I'd watch and wait for my $300. Many times back then you could just grab them in the parking lot of their job- but back then people had jobs. Wouldn't want to repo now days...
Makes sense. I watch a tow trucker channel based in Georgia, and his side hustle is repos. He works with three others, uses computers and GPS to locate cars, and performs repos late at night. Most of the confrontations he has with people have been positive with no disrespect shown to others.
You’re absolutely correct. I was looking for someone to post a comment like yours. There a laws in place where repossession companies have to follow. One of them is, as you stated it has to be peaceful or no conflict with the owner. Also, depending on the police department, it’s a civil matter and they really won’t get involved other than keeping the peace.
@@GeorgieB1965 This is how fake that show was. If I could hit the drive wheels with the wheel lift , I used Vulcan Intruder, I was gone in 5 seconds, no more than 10. Even with a front wheel drive car and a helper at the most 1 minute.
I was a SoCal cop. Frequently, saw shady used car dealers who sold cars to migrants legal and no. They collect a down and a payment, repo and sell again. DMV is never notified of the sales.
Wait … Not auto theft. CARJACKING. That is a different crime. Yes, the employee is guilty of armed carjacking, and if the dealership ordered or permitted them to do that, that's a whole different crime again.
I'm waiting for a "repossesion" to be carried out on a customer that paid cash in full because another person is willing to pay more for the same vehicle.
That’s actually happened at Ford dealerships all over the country. The customer buys a truck and someone offers more for it. Customer is called to the dealership “to sign some more papers “ and the truck is repossessed when they return to the dealership.
Setting aside the details of the case, you'd think someone performing a repo / carjacking would review the wealth of material on the subject to be found on crap reality TV, and not attempt to retake possession of the vehicle at a traffic light while the owner/borrower/what-have-you is operating it
I doubt the dealership management knew the guy was going to carry a gun. Then again, if they were smarmy enough to try to repo the car while the payments were current, maybe they did know.
@@alanmcentee9457 By dealership management, you must be talking about the son of the guy with the gun. It's a family run business. Look it up - Erik Hadad, 58, of Aventura Miami.
They panicked because the bank was sick of them issuing bad loans. This instance was just a single late payment, but it must have just the latest in a long series of late and defaulted loans
I know the laws are different in many states, but I believe all of them have the same laws ules for repossession that you can't take a vehicle while the driver is in it. As this happened in Florida, that car dealer employee is lucking the driver wasn't arm them selves. Because they could have shot and killed them and it would be pure self defense.
Correct. You can't hook/lift or take it with someone in it, at all. Also before you're hooked, if the buyer objects, the peace has been breached and you have to call it off. There are countless videos of repo agents violating the law taking cars with people in them on youtube though.
Yeah nobody would be talking about it otherwise "Things went downhill when he started rolling down the hill" Why did you type this.. what did you add.. what insight did you offer or do you literally just dictate what's in front of your eyes and no thoughts actually process
OMG! That nearly happened to me. I received paperwork from bank…set it up to pay then got a letter that I was late on the payment. I went to the bank…bank stated it was an error. They did process the day they received it. Thus, they made it late. I did not pay a late fee bc I could prove the day they received the monies via EFT from my bank. If you can, always go to your bank and get a pre-approved amount. I did that on a vehicle I bought years prior…the dealership wanted me to use them then pay it off with my loan from my bank…because they were not getting the kickback. NO! I did not. The scams these legal entities pull off is just beyond words…
It can seem complicated. I just changed insurance companies, and the old one used my debt card to take out payments, but my new one used my account and route number to take it out. I was worried because the $ didn't come out of my account the day my policy started. I called the insurance company, and they said it was cool. I had insurance, and it would take 3 days for my account to show the money gone.
That's because the car owner was smart. If a guy with a gun wants your car you give them the car. Insurance can buy you another one. If you get into a gun fight and lose Insurance can't buy you another life.
I got one for you. A woman was on probation and got violated bc her car she sold online to an out of state person was deemed fraudulent bc an officer was told by the man who bought the car there was a lien on it. She told me the car was not running and no lien was taken out by her as the officer was told. The lien was taken out months after the car was sitting. NC is so messed up. They arreated her in front of her kids and threatened to take them away bc she got sent back to jail. She got out quickly but still. I told her i felt like someone stole her id to take out the lien. Hope she got some help with that. That jail has so many people with weird charges that didn't sound right. Now they could have all been full of it..idk though. I know NC cops and courts. And they do some weird things here
Don't forget "Self help is fraught with peril" In this case, had they left the repo to professionals it wouldn't be armed carjacking because the repo men know not to pull a stunt like this.
In California they have a clause on the sales contact that is a 10 day right of rescisión. Dealer has to notify customer by certified mail that the loan hasn’t been assigned. It also states that they have to come back to the dealership to return the vehicle or go over new structures from possible banks. If the dealership doesn’t sent a “10 day letter” then dealership is on the hook for the loan.
So basicallt they have a clause that they can rip your contract to rip you off more money if they so wish. Thats sounds like a bad law, giving to much power to the dealership to rip people off. The law should be that they are not allowed to change the loan, if the other party cant just walk in and change it to better terms whenever he feels like it.
How did they find the car in traffic? I bet there was GPS tracking involved. They probably include that in the fine print of the contract, but it should be illegal and should be treated as stalking. Lock up all the management from that stealership!
but you also give them your address and tell them where you work when you buy a car. As a student who worked at my university and managed to pick up 2 stalkers, you'd be amazed how the most basic transactional information can be used against you.
Common practice for anyone buying with very poor credit and is included in the paperwork they sign. This buyer definitely was subprime credit. The lender used that charges back the dealer in 2 months is a very common practice of lenders who deal exclusively in the subprime market. The dealer typically includes in the contract that if any payments are missed in that time period that the car is to be immediately forfeited to the dealer and any down-payment are forfeited. With that said, doing so at gunpoint and/or using violence is totally illegal. Any way one slices it, the dealers father did in fact car jack the customer. Could have just waited until they got to the destination and taken it in a calm manner, but apparently his father is an idiot.
Back in 2016, when I was buying my first car, a bmw 435i, I had signed up for their auto-pay feature, and for whatever reason, they never set it up even though I physically signed the document saying to do so. They charged me a late fee, and so I called them and said hey it's not my fault you didn't take the money and sent a copy of the auto-pay document. They reversed all late charges and thankfully didn't try to repo the car. Haven't had a problem since!
He sounded aggressive confronting him at the light and ripping the temp tag off, and it sounded as if he was carrying without a proper holster with the gun pointed at his crotch. Probably a Glock with an auto sear and no serial number. Usual suspects. It's a rather unorthodox way for a civilized person to repo a car. I don't know... Maybe I'm just making a bunch of unfair assumptions. His name was Jerome Hadden. He looks like a great guy in his mugshot.
When I was 21 bought a new truck at local dealer . A week later the dealer called and said I owe them 1500 more dollars and they included in the paper work if there is a mistake that I have to fix it or they repo . Stupid me paid them their extortion money and resigned new papers. I now know they pulled a fast one on me as they knew the deal would be blown over the money so they just figured they would hog tie me into paying it after the fact.
I am so glad that "repossessions" aren't a thing on this side of the world. That's not to say that you can get away with not paying, because you can't. It's just a different process (and generally less confrontational). 1. You get finance and the dealer is paid up-front so they no longer have any say in the payments. You might use the vehicle as collateral to secure the loan, or something else, or even with just general "what you own" as collateral. 2. If you don't pay, the finance company first attempts to allow you to re-negotiate the loan, because that's the simplest way of sorting out any problems. 3. If you still don't pay, the finance company might ask for the collatoral back, so they can recover as much of the loan amount as they can. 4. If all else fails, the finance company will take you to court, prove that you owe them the debt, and get a judgement against you. 5. If you still don't pay (which usually includes court costs), they can transfer the matter to the High Court and ask the sheriff's department to go to you and collect on the finance company's behalf. If it gets that far, you're in real trouble, since the sheriffs can seize almost anything of yours apart from your home in payment of the debt. (Yes, there are other exceptions, but they're pretty obvious)
This story brought to mind a local Ford dealer here in Indiana, the dealership brought in a company to have a special sale, that night one of the trade ins went missing. The dealership reported it as stolen, turns out it had been repossessed.
it is for this reason that most retail establishment forbid their employees to be involved in the retrieval of property. There are a lot of liabilities involved that they can't certify each and every one of their employees to be authorized to apprehend or prevent an individual in this manner.
@@brucelytle1144 Sorry Bruce, but Idris found him, leaning against the short mic, behind Steve's right ear(but only visible when he dodges), Happy Hunting
Steve....what is the legality of a document that I have signed before that states if the lender fails to approve the loan you must either pay in full or return the vehicle? Not sure if that is standard in all states but my purchases in AZ and CA have always provided the doc to sign.
I wonder how this case would have played out had the driver, upon being threatened with a sidearm, pulled out his own pistol and shot the "repo man" repeatedly because he thought was being carjacked at gunpoint? Definitely sounds like a self defense to me but I wonder how the jury would have looked at it.
Florida is a stand your ground state. Automatic self defense. They have to prove you’re not defending yourself. Unlike Washington state where you have to prove, beyond a reasonable doubt, that you were defending yourself or someone else.
I have only used dealership financing one time, and that was enough. No real issues, but it wasn't a very good loan for me. So i would recommend to anybody, get your loan set up BEFORE you go shopping. That way you are in control of what the loan looks like, and you don't have some sleazy sales guy trying to talk you into a car you cannot afford. But better still, is to arrange things so that you don't have to finance at all. Save up for your car. I know not everyone can do this, but it's not as hard as you might think. The last car i financed, when the loan was paid off, i just arranged direct deposite to a second account for the amount of the car payment i used to have. Didn't hurt as i was used to spending that money on the loan anyway. So in essence, paying a car payment to myself. I figured it would be a nice down payment for my next car. Ended up, i had enough to just outright BUY my next car for cash. I have continued this "scheme" to this day. I don't think i will ever need a car loan again.
Might have something to do with how people keep finding GPS transmitters in their used cars? Seen a couple of dozen of those. A panel in the dash isn't sitting flush, the electrics are acting up.. mechanic takes a look, finds a GPS unit wired in.
@@nuclearmedicineman6270 No you haven't.. you have not seen 24+ tracking devices discovered by 'mechanics'.. no electronics were acting funny. Nobody sees a slight gap in a panel of a used car and takes it to the mechanic who then searches and investigates what's behind the panel.. why are you lying.. why are you just making things up
Many years ago, a guy I went to school with bought a car at a small "Buy here pay here" car lot. Not something I'd normally recommend but being young, from a poor family, and having no credit, it was a quick way to get access to transportation. He paid his payments on time for several months when his car disappeared. His check had cleared but someone at the dealer had messed up and not recorded it. They repossessed it while he was at work. He got nowhere with the dealer, even after getting proof from the bank that they'd deposited all his payments. Come to find out the repo guy didn't secure it to the tow truck properly and totaled it on the way back to the lot. with a The dealer was just trying to stall him and bluff him into going away. instead he paid an attorney to send them a letter or two. They suddenly became far more reasonable. I don't remember the details but he ended up driving a significantly nicer car than the one they'd destroyed.
I researched the vehicle I wanted and formed a ballpark price. Got loan from NAVY FEDERAL CREDIT UNION and a CASHIER'S CHECK. Went on a car lot, picked one, test drove it, got in the office, showed the check and they accepted. Looking closely later, I overpaid by $1,500 keeping them happy. My payment was payroll deduction $125 a month for 5-years. Afterwards I kept the vehicle going on 27 years.
I've had this happen to me back in the late 80's. Not a carjacking, but I bought a car from a small used car dealer. Salesman played games with financing. First it was my GF (future wife) who was going to co-sign for me (iffy credit) then suddenly when we went to pick up the car it was switched somehow. I was co-signing for HER. Then when it came time to make my first payment I never got a loan coupon book (remember those?) so I called the bank. They told me that the loan was NEVER approved. At that point I probably should have just said tough luck to dealership, but I called them and told them they were NOT getting the car back and that they needed to fix this immediately. They did and I got the financing but it was a freakout time for me. This was the first car I had ever bought from a dealer with a loan. Needless to say, they went out of business. I still remember the salesman's name....Steve Flowers.
I did a little bit of Googling and Hadad's lawyer argued that the gun wasn't brandished, the victim just happened to notice the gun in his waistband after she handed her keys over. The lawyer also said that the car belonged to the dealership and they were entitled to repossess it which definitely seems to contradict the facts of the case.
The question I have is that isn't there usually a certain number of days for you to make the payment before you are considered late? For example, a mortgage payment due on the first of the month but a late fee doesn't kick in until the 15th. If they say that you have just the one day and no grace period, that's a bad loan.
Well, he had payed late, and the late fee and had more than one day. It was the dealer that had some contract with the lender that they are not allowed to be late but thats between those parties, so he was current on his account and the dealership was even told not to repo the car.
With it being just the first two months it would have been in the dealer's best interest to offer to manage / make the first two payments in the deal to insure no claw back. They would not need to tell the lender.
Finally. While I'm glad there's *some* limit to what people can do in the name of a business and not get off with "it's a civil matter" , that limit should be a lot lower than *literal armed carjacking* . Like, just stealing the car when the payments are current, by itself, should be a criminal, not civil, matter.
licensed recovery agents and interns in Florida are not allowed to carry firearms while repossessing a vehicle, even if they have a concealed weapon or firearm license. This prohibition applies to private property and during repossession activities. Using any form of weaponry, even for self-defense, is strictly prohibited and can lead to legal consequences.
Another story. This is a very long ago Hertz Car leasing fiasco. A car was repossessed from a non paying lessee. Then it was leased out again. Unfortunately Hertz forgot to close out lease number ones contract. The car was then repossessed from lessee number 2 while he was at work. There was a big fuss and poor #2 not only lost the car but got fired from his job. Lessee #2 was up to date on his payments. Eventually a reality cloud came over Hertz Leasing. They gave the car back to lessee #2 and sent a VP to lessee # 2's job to get the poor guy employed again. They also paid lessee #2 some cash and a few months payments were waived. The great thing was when lessee #2 had to start paying again he quit his job and skipped with the car.
Question.. have you ever heard of a car being wrecked, sold again and the previous owner get charged for an accident after the car was resold bc of fraudulent paperwork? Asking for a friend. I just a see a strange pattern with something I've been looking into. Might be nothing. Could be something.
I sold a truck 9 yrs ago, about 45 days ago I was contacted by my insurance company because a claim was just submitted on my policy due to the truck was involved in an accident 3 days prior, luckily I still had the paperwork from selling it. Not only that the insurance policy was canceled back in 2015.
That happened to a worker that had bad credit. So for a couple weeks, the loan was not accepted by anyone and the dealer called back and said no loan. Bring car back
He should get the maximum federal 15 years for the carjacking. Then the state should prosecute him under state law, with that sentence to run consecutive to the federal one.
Carjacker has been approached by Hertz Rent-A-Car to perform customer outreach.
Oooh, that hertz
That an Enterprise-ing use of corporate resources.
You beat me to the punch.
Don’t give them ideas.
Best comment on you tube today. 😂😂
There's no thinking he was carjacked. The dealer employee displayed a gun, he WAS carjacked.
Making the dealership liable to a civil suit since the carjacker was representing the dealership while committing a felony. I hope the guy takes them for everything they have.
eh, repo guys have carried, and used for as long as there have been the need for repo's. you might be surprised how violent some people get when you show up to reclaim your property.
@@DellikkilleD Brandishing a weapon is still illegal. And in this particular case the victim was not acting violently and thus the repo man was convicted of a carjacking.
The important piece here is that the dealer did not have a right to repo the car.
@@chrisbolliger5717 he got unlucky and ended in front of an unsympathetic court. odds are good he will be fine on appeal. The dealership may be n some serious trouble, but he was acting within the norm for a repo. if this upsets you, look into bounty hunters. They can raid the wrong home, armed, with no warrant, and never face any kind of charges.
Whether he was current in payments or not, whether the dealer could legally repossess the vehicle or not, none of this matters. You can't run up to someone in traffic, demand their car, and flash a gun.
If what you're doing looks indistinguishable from a crime, reconsider your actions.
Well, you CAN, but then you wind up in prison.
You CAN, but results may vary.
@@JeffDeWitt Or the ground.
@@AC-yj8cx It doesn't just look indistinguishable from a crime, it IS a crime. A serious one.
I'm willing to bet the dealership didn't actually closed, they just changed their name because they know a massive civil suit is coming their way
Not every day you buy a used car and get 50 of them
God bless our LLC's. More Americans are screwed by our laws than most know.
Yes, closed down and opened again at the same address, with the same staff (all of which are classed as independent agents, despite them being required to work fixed hours, have a fixed payment, and are also not allowed to deviate from the schedule at all, but are also only paid in cash with no other records of them at all) just different name, and same inventory. Might still have the same forms as well, just the old name crossed out and stamped with the new one, till the "guy who knows how to use Word" gets there to change the form to the new name.
@@SeanBZA If you really want to get this company. Call federal prosecutor and the IRS and pass on this info. Some of what you listed is criminal at the federal level. Tax evasion is a big no no.
@@JayAdams-ml5jf I have no direct knowledge, but this kind of shady work is pretty much a common thing with this kind of business. they change name so regularly that the process servers simply update the name when serving, because the person named is the same, address is the same just business is different. But hard to get the tangled web unwound in a lot of cases.
This case takes the term 'Stealership' to a whole new level!
Yes!
The guy who attempted the repo is not the only person responsible. He was told by the dealership management to get the car back despite payments being up to date. More heads should roll.
I'm sure he was amazed to discover that management denied telling him anything.😆
I agree. I read a little more about this, and the dealer is actually his son. The son actually showed up to drive the BMW back, at least that's what it seems from the article I read. Idk everything, but I wouldn't be surprised if the father covered for his son, at least a little. Maybe I just want to think that's what a father in this situation would do.
Family run dealership. The son owns the dealership, dad works - apparently as the repo guy. Erik Hadad of Aventura Miami.
Correct, this is a bonafide RICO case. Multiple people were involved and I doubt this was the first time they did this to a customer. Customers that legitimately did not pay likely never reported the same thing happening to them.
Plus he was likely driven there by someone else, I doubt he planned to leave his car with the guy he just took a car from
All the other details aside, this is in fact a good prosecution. The minute the idiot from the dealership showed his gun, it became a felony !
He's lucky it didn't become a justifiable self defense.
Sure, but still carjacking...a felony normally
The minute he touched the vehicle he was basically at a felony. Its Grand Theft Auto if you take a car you do not have the right to. The fact that prosecutors seem willing to allow Repo people to make "mistakes" or blame the institution with the "bad paperwork" is the real problem.
@@mikehathaway2842 Not true. The moment you take a car you believe you do not have a right to it becomes one. If you don't understand how intention matters you should stop talking about criminal law.
@@TonttuTorvinen Let’s get Steve’s input on that question
"the victim “was current on his account that day” and the dealership “was expressly told they couldn’t repossess the car.” "
" “Hadad lifted his shirt to reveal that he had a gun holstered in his waistband, which led the victim to surrender his keys,” the news release states."
The victim, “in shock," called Miami-Dade police, who arrested Hadad, initially on state charges, and located the gun.
The case later became federal as the Honda was, according to a federal indictment, “transported, shipped and received in interstate and foreign commerce.”
So, the dealer is now closed…..all to avoid the civil judgement the victim has coming. Yet another of businesses being the biggest thieves in the country.
Glad to see the dealer’s thug going to prison.
They could track where the money / property went then take it
Maybe have a few cars or shop equipment. They might have run to the auction with vehicles but if you do that with shop equipment you take a huge loss, so the temptation is to try to hold on to that stuff.
Did the car buyer get his car back? I wonder, if the dealer shut down, then did they abandon the loan? If that happens, does the car buyer then get to keep the car loan free?
I am sure it wasn't the first time.
I wonder if the "employee" was in fact "someone's" "brother-in-law" and a "silent partner" of the dealer and that's why it went out of business.
The victim WAS carjacked.
Just because he thinks he had a right to do so does not change facts.
There was no real misunderstanding here, except the criminal thinking he had a right.
He should have just played it safe and stole it legally, by getting police involved and getting them to help take possession of it, even though he had no right. - This happens all the time unfortunately.
But no, the man just had to literally carjack the victim. No, this is not something you hear every day. My god.
Exactly. Dealership employees don’t have qualified immunity. Just thinking you’re justified doesn’t make it. You have to be a trained law enforcement professional to use that excuse.
@@Blackhawk.44 yup the more training you have the more ignorant of the law you’re allowed to be for some reason
Police might just call it a civil matter.
When you start working at a dealership, and watched too many episodes of Dog the Bounty Hunter
that former dealership could've been owned by D the BH for all we know - the guy was never on the straight and narrow!
@@pjschafer5786 Most of his episodes were staged too.
It's a family business. Son owns the dealership, dad works there doing dad things like repo cars with a gun.
I purchased two months ago from a Knoxville dealership. IMPORTANT, before I closed the deal my garage checked it out. The Jeep needed new brakes and had a transfer case oil leak. The dealership agreed to fix it, then I gave them a cashier's check for the total amount. The next day they sent repo agents to get the car back since they didn't add the $1300 for the repairs. They threatened me with car thief if I didn't return the car. Finally the Better Business Bureau got involved and they caved. DAMN, I retired I get free legal aid and I would love to spend some time in court. Oh, when I did leave the dealership I had all the paper work, that guy was so dumb.
sounds like the dealership got away free. The "carjacker" was an agent for the dealership, which should put some blame on the dealership.
Family-run business. Son owns the dealership. Dad was the 'agent' who carjac-repo'd the car.
@@digitalcurrents RICO!
The owner of the dealership should have been charged too. Only charging the low level stooge means problems like this will keep happening. This should be a RICO case because it involved more than 1 person and its organized.
That happened to me! I traded my car in, took my new car home after finalizing the sale late on a Friday. They told me my credit union was financing it, but it wouldn't be final till mid-morning on Monday because the person at the credit union handling it had gone home for the day.
The next week, they called me back in to "sign some more documents," I believe. When I got there, they said my payments would be more than what they told me, so we needed to redo the paperwork with the loan info on them.
I told them, "Nah. I'll take my old car back and you can keep the new one." However, they said they didn't have my trade-in any more! It was already taken to auction. I told them that was a "them" problem - they could give me the deal we agreed on, or cancel it & give me my car back! That was literally their bad for not keeping my old car long enough to get the bank's confirmation.
I ended up taking the new car home without changing a thing, and have no recollection or idea of how they ironed things out on their end, but I knew it wasn't my problem!
Your old car might have even been in their possession at the time, but they were looking to see how much more they could squeeze from you.
When did you get a gun flashed at you in the middle of the road?
@@bigta1982 Oh, were we not allowed to comment unless we had experienced something completely identical in every way? My bad.
@@nowake True, that's a shockingly unethical possibility they're fully capable of.
That's what they all say, your trade is gone. They were just taking another swing at you, that's all.
"I'm preapproved for up to this much money"
What a coincidence. That's exactly how much money a car will cost you.
In this case, I'm betting the dealership was going.
"Well good news, we're willing to offer you credit for twice that."
I got my Recovery Agent License in 1997 in Florida. It is regulated by the Florida Department of Agriculture. Although you are allowed to carry a concealed firearm in Florida - the statutes for repossession (FS493) and concealed carry do interfere with one another. During a repossession you are NOT allowed to possess that firearm. Whoopsie.
I might have missed it in the video, but was the carjacker a licensed recovery agent having a REALLY bad day? I don't recall hearing that he was anything other than "Random dealership employee" who really is old enough to know better.
@@danwells9525the way he acted is nothing like a recovery agent I've ever heard of. Trying to repossess a car in the middle of the road? Wtf?
As a Recovery Agent are you allowed to repossess an occupied vehicle? I've only ever seen them taken while parked. I assumed that was because it needed to be that way, but now it seems that they're doing it to avoid interaction with the owner.
@@eastwind319Repossessing an occupied vehicle would be kidnapping
What ethics training do you through? What criminal background checks do you go through?
If you're being chased by someone and they won't leave you alone, please get on the line with the police and drive to their police station.
If he had done that, the carjacker would tell the cops he's repoing the car, the kid would protest about the payments he made and be ignored, and the crazy guy would have the car anyway, with no charges and no consequences.
That said, in every OTHER case (where the crazy guy doesn't have a story convincing enough for even a cop to understand), you are completely right in every way.
One of my friends had a bunch of other girls in her car and found they were being followed by a carload of young men. Cell phone weren't a thing yet, so she drove directly into the police car parking lot behind the station (where they park and service the PD cars) and explained the situation. The managed to grasp the problem and surrounded the other car when it followed the girls into the lot. The cops signalled the girls to leave. They didn't see the boys again.
Don trust cops,
@@danwells9525
Thats freaking scary, and sad, glad the story had a happy ending.
Though the sad thing is, what are cops going to do with the car full of men? They cant exactly arrest them unless they find drugs or one has a warrant, or something?
I’d have wanted a cop to hide nearby, maybe see what the guys want, and assuming they did have bad intentions the second one laid a hand on me let the cops arrest them for assault. (If you carried anyway.)
If not, stay in the car, and when they your car get them on property damage or something. XD
Otherwise… those guy will do who knows what to other girls. Its just putting other girls in danger letting the guys go.
@@XFizzlepop-Berrytwist As best my friend ever learned, the cops had a long talk with the boys and the girls went straight home.
How was the employee able to find the car in traffic, in Miami? Probably had a dealer installed GPS device on it. Beware when buying from shady dealers.
This is one reason that financiers typically don't conduct their own repos. For one, legitimate repo men inform the police first, so that they know that someone didn't steal the vehicle when the call comes in.
The victim DID get carjacked with a deadly weapon. He didn't merely think it.
I seem to recall a gang of broad daylight car thieves who, if questioned, would say "Repossession! Totally legal!" and wave a sheaf of papers at the witness. They had a makeshift tow truck- the tow arm hid in the truck bed. I believe repo companies also use these for stealth repos.
I always thought they outsource repos and collections not because it's too difficult or costly to do it themselves legitimately, but specifically in order to protect their money and reputation when repo/collector does something illegal.
Atleast it worked like that in my country like 20 years ago. it was not a rare sight on the news where a bank or credit company has sold debts to collectors who are basically expected to be criminals and hire thugs to harass people and their families. The little temporary firm itself has no money to compensate victim, and for individual thugs it's a high risk, high reward, as some don't get caught or prosecuted, and it's a legal occupation until that happens.
I'm SHOCKED that the police got off their 🍑 and did anything.
I fully expected them to say it was a civil matter and tell the victim to pound sand.
It wasn't in California, so that scenario is unlikely.
@@spaceracer23 yep, usually. More than likely they got involved due to the weapon.
I just had an experience where cops did nothing.
I reported a dangerous driver running people off the road and passing on double yellow around the corners on a high mountain pass in a no-cell service area,
I got the name of the company truck and reported it when I got service.
The RCMP (Canada) told me to "call them myself"
?!
Yes but… repo agents in Florida are PROHIBITED from acting while armed. That’s a huge game changer to flash a gun. Repo guy was lucky he didn’t get shot right there.
I thought the same but maybe they had many complaints about this place and this was the first with great facts and evidence beyond a reasonable doubt.
Interesting he was able to find the car in traffic. It must have a tracking device in it.
It's obviously not the most reputable dealer and probably doesn't care to the most reputable customer. The finance company didn't slip in that clause about the first two payments by accident.
Or the dealer had the address of the buyer and stalked/followed from his home?
@@DesertJoe Could be, but the tracking device sounds more like this dealer's style. 😄
In most states repossessions are legal only if they are peaceful. I only know this because i was in the business for over 30 years. The best way to repo a car is when nobody is around, then you don’t have these problems.
When I did repos in the early 90s I'd watch and wait for my $300. Many times back then you could just grab them in the parking lot of their job- but back then people had jobs.
Wouldn't want to repo now days...
That fake repo man show made everyone think you can get in a fight with the repo man. Best way to start a lawsuit.
Makes sense. I watch a tow trucker channel based in Georgia, and his side hustle is repos. He works with three others, uses computers and GPS to locate cars, and performs repos late at night. Most of the confrontations he has with people have been positive with no disrespect shown to others.
You’re absolutely correct. I was looking for someone to post a comment like yours. There a laws in place where repossession companies have to follow. One of them is, as you stated it has to be peaceful or no conflict with the owner. Also, depending on the police department, it’s a civil matter and they really won’t get involved other than keeping the peace.
@@GeorgieB1965 This is how fake that show was. If I could hit the drive wheels with the wheel lift , I used Vulcan Intruder, I was gone in 5 seconds, no more than 10. Even with a front wheel drive car and a helper at the most 1 minute.
I was a SoCal cop. Frequently, saw shady used car dealers who sold cars to migrants legal and no. They collect a down and a payment, repo and sell again. DMV is never notified of the sales.
Did you make any arrests? Of the shady car dealers OR the illegal aliens?
@@MicahThomason Neither. Just saw it happen and then retired with a. juicy pension. California is expensive and the women want things.
@@MicahThomason as a state cop it's not really his place to arrest illegals if they have not broken state law
The victim is an Haitian immigrant and the Israeli national is an Israeli national
@@ronhall3686 " Immigration status is not relevant," It should be , but I'm getting the feeling it was to the person.
Wait … Not auto theft. CARJACKING. That is a different crime. Yes, the employee is guilty of armed carjacking, and if the dealership ordered or permitted them to do that, that's a whole different crime again.
Thanks for explaining everything in a manner that everyone will understand.
Dang, is that dealership hiring active felons... Or Hertz employees?
There's a difference?
I'm waiting for a "repossesion" to be carried out on a customer that paid cash in full because another person is willing to pay more for the same vehicle.
That’s actually happened at Ford dealerships all over the country. The customer buys a truck and someone offers more for it. Customer is called to the dealership “to sign some more papers “ and the truck is repossessed when they return to the dealership.
...and I'm guessing the initial buyer that paid *in full* was never refunded...
Im waiting for a dealer to repo a car on behalf of a cop who liked it wants it as CAF
In Florida!? That salesman is LUCKY! He was not shot justifiably.
Setting aside the details of the case, you'd think someone performing a repo / carjacking would review the wealth of material on the subject to be found on crap reality TV, and not attempt to retake possession of the vehicle at a traffic light while the owner/borrower/what-have-you is operating it
They constantly violate the law on those "reality" shows.
This is a family run business and the guy with a gun is the dad doing stupid dad things.
Classic stupidity. The dealership has lost their minds!?!
I doubt the dealership management knew the guy was going to carry a gun. Then again, if they were smarmy enough to try to repo the car while the payments were current, maybe they did know.
@@alanmcentee9457 Don't ask don't tell.
@@alanmcentee9457 By dealership management, you must be talking about the son of the guy with the gun. It's a family run business. Look it up - Erik Hadad, 58, of Aventura Miami.
@@alanmcentee9457 He probably owned the company!lol!
They panicked because the bank was sick of them issuing bad loans.
This instance was just a single late payment, but it must have just the latest in a long series of late and defaulted loans
I know the laws are different in many states, but I believe all of them have the same laws
ules for repossession that you can't take a vehicle while the driver is in it. As this happened in Florida, that car dealer employee is lucking the driver wasn't arm them selves. Because they could have shot and killed them and it would be pure self defense.
Correct. You can't hook/lift or take it with someone in it, at all. Also before you're hooked, if the buyer objects, the peace has been breached and you have to call it off. There are countless videos of repo agents violating the law taking cars with people in them on youtube though.
just armed robbery, no biggie.
Good to hear that 'Gangster Motors Dealership' has closed. But I bet they are in a new location under a different name. If not now, then soon.
As soon as he brandished his gun it went down hill.
Yeah nobody would be talking about it otherwise
"Things went downhill when he started rolling down the hill"
Why did you type this.. what did you add.. what insight did you offer or do you literally just dictate what's in front of your eyes and no thoughts actually process
@@phelmonk9502 get a coffe kevin
@@Voyajer. Have we figured out context yet?
We've all known people with Barney Fife Syndrome, but this guy took it to another level.
OMG! That nearly happened to me. I received paperwork from bank…set it up to pay then got a letter that I was late on the payment. I went to the bank…bank stated it was an error. They did process the day they received it. Thus, they made it late. I did not pay a late fee bc I could prove the day they received the monies via EFT from my bank. If you can, always go to your bank and get a pre-approved amount.
I did that on a vehicle I bought years prior…the dealership wanted me to use them then pay it off with my loan from my bank…because they were not getting the kickback. NO! I did not.
The scams these legal entities pull off is just beyond words…
It can seem complicated. I just changed insurance companies, and the old one used my debt card to take out payments, but my new one used my account and route number to take it out. I was worried because the $ didn't come out of my account the day my policy started. I called the insurance company, and they said it was cool. I had insurance, and it would take 3 days for my account to show the money gone.
It looks like a carjacking, it quacks like a carjacking.
Whenever Steve says "here's one you haven't heard before" I know it's usually going to be Hertz, but at least a car dealer.
Uh yeah, that sounds like a carjacking and not a repossession. Maybe an aggravated repossession
I don't think that repo men are allowed to brandish weapons during repos.
@@doom4067 To defend themselves if someone attacks or threatens to attack them, yes. When they're the one doing the threatening, definitely no.
Good I hope the guy gets 10 years! Glad the dealership is permanently closed too.
Lucky the car owner didnt stand his ground when the car jacket showed the gun!
That's because the car owner was smart.
If a guy with a gun wants your car you give them the car. Insurance can buy you another one.
If you get into a gun fight and lose Insurance can't buy you another life.
Imagine when we get rid of qualified immunity against cops who basically makes these errors all the time.
-"…makes these errors…"- = 'knowingly commit crimes'.
I dunno about Florida, but here in CA showing the gun would be a felony...
Brandishing is a crime in Florida.
The possible 15 years should show that he was charged with a felony
@@chadwhitfield6946 I don't know of any Federal crimes that are not felonies.
@@gregfarnsley3851 Oh there are. Deprivation of rights under color of law for one. It takes additional factors to make it a felony.
@@chadwhitfield6946 Right - but just from the video, it could have been 15 years for just the carjacking charge.
He is fortunate that the case was not settled at the scene.
When he confronted somebody at the red light, then flashed
the gun, .....?
I got one for you. A woman was on probation and got violated bc her car she sold online to an out of state person was deemed fraudulent bc an officer was told by the man who bought the car there was a lien on it. She told me the car was not running and no lien was taken out by her as the officer was told. The lien was taken out months after the car was sitting. NC is so messed up. They arreated her in front of her kids and threatened to take them away bc she got sent back to jail. She got out quickly but still. I told her i felt like someone stole her id to take out the lien. Hope she got some help with that. That jail has so many people with weird charges that didn't sound right. Now they could have all been full of it..idk though. I know NC cops and courts. And they do some weird things here
He came, towed the car off.. then filed charges on her. Craziness
Autopay is always screwed up at first. It never works right the first time
True! Now I always make the first payment manually, then after it goes through I set up autopay and check it on the scheduled date.
Dumb dealership, carjacker was dealer’s father!
Don't forget "Self help is fraught with peril"
In this case, had they left the repo to professionals it wouldn't be armed carjacking because the repo men know not to pull a stunt like this.
But then they'd have to pay!
Honestly, I wonder if they _tried_ to get professionals to reposess the car, but the professionals refused because the payments were current.
@@eastwind319and the dad wouldn't get to feel like an action hero
@@billberg1264 ... or because the dealer had a rep for shady deals.
Ben finally spotted at 8:18 , behind Steve's head, leaning up against the right hand short microphone
"You you want to get ants? Cuz thats how you get ants!" -Archer
But Ants = Shot
I enjoy watching your videos 😊
In California they have a clause on the sales contact that is a 10 day right of rescisión. Dealer has to notify customer by certified mail that the loan hasn’t been assigned. It also states that they have to come back to the dealership to return the vehicle or go over new structures from possible banks. If the dealership doesn’t sent a “10 day letter” then dealership is on the hook for the loan.
So basicallt they have a clause that they can rip your contract to rip you off more money if they so wish. Thats sounds like a bad law, giving to much power to the dealership to rip people off. The law should be that they are not allowed to change the loan, if the other party cant just walk in and change it to better terms whenever he feels like it.
How did they find the car in traffic? I bet there was GPS tracking involved. They probably include that in the fine print of the contract, but it should be illegal and should be treated as stalking. Lock up all the management from that stealership!
but you also give them your address and tell them where you work when you buy a car. As a student who worked at my university and managed to pick up 2 stalkers, you'd be amazed how the most basic transactional information can be used against you.
Common practice for anyone buying with very poor credit and is included in the paperwork they sign. This buyer definitely was subprime credit. The lender used that charges back the dealer in 2 months is a very common practice of lenders who deal exclusively in the subprime market. The dealer typically includes in the contract that if any payments are missed in that time period that the car is to be immediately forfeited to the dealer and any down-payment are forfeited.
With that said, doing so at gunpoint and/or using violence is totally illegal. Any way one slices it, the dealers father did in fact car jack the customer. Could have just waited until they got to the destination and taken it in a calm manner, but apparently his father is an idiot.
@@paulnoble5627 They couldn't take it at all, he was up on his payments.
Possible didn't find him in traffic. Probably just followed him from home or work after getting there just in time to see the car driving away.
Back in 2016, when I was buying my first car, a bmw 435i, I had signed up for their auto-pay feature, and for whatever reason, they never set it up even though I physically signed the document saying to do so.
They charged me a late fee, and so I called them and said hey it's not my fault you didn't take the money and sent a copy of the auto-pay document.
They reversed all late charges and thankfully didn't try to repo the car.
Haven't had a problem since!
Thats the way its supposed to work!
As a gun owner, I say he should not have the right to own A gun
He doesn't, anymore
He sounded aggressive confronting him at the light and ripping the temp tag off, and it sounded as if he was carrying without a proper holster with the gun pointed at his crotch. Probably a Glock with an auto sear and no serial number. Usual suspects. It's a rather unorthodox way for a civilized person to repo a car. I don't know... Maybe I'm just making a bunch of unfair assumptions. His name was Jerome Hadden. He looks like a great guy in his mugshot.
Brings a whole new dimension to the term “stealership”!
Fairfaith and truth in lending federal laws come into play.
I never met a car dealer who was NOT A CROOK.
Moral of the story, NEVER FINANCE THROUGH THE DEALERSHIP. Ever!!!!
When I was 21 bought a new truck at local dealer . A week later the dealer called and said I owe them 1500 more dollars and they included in the paper work if there is a mistake that I have to fix it or they repo . Stupid me paid them their extortion money and resigned new papers. I now know they pulled a fast one on me as they knew the deal would be blown over the money so they just figured they would hog tie me into paying it after the fact.
The entire power-structure at the former dealership should be prosecuted ... RICO ... [Ken White appears out of the mist, "It's NEVER RICO!"]
I am so glad that "repossessions" aren't a thing on this side of the world. That's not to say that you can get away with not paying, because you can't. It's just a different process (and generally less confrontational).
1. You get finance and the dealer is paid up-front so they no longer have any say in the payments. You might use the vehicle as collateral to secure the loan, or something else, or even with just general "what you own" as collateral.
2. If you don't pay, the finance company first attempts to allow you to re-negotiate the loan, because that's the simplest way of sorting out any problems.
3. If you still don't pay, the finance company might ask for the collatoral back, so they can recover as much of the loan amount as they can.
4. If all else fails, the finance company will take you to court, prove that you owe them the debt, and get a judgement against you.
5. If you still don't pay (which usually includes court costs), they can transfer the matter to the High Court and ask the sheriff's department to go to you and collect on the finance company's behalf. If it gets that far, you're in real trouble, since the sheriffs can seize almost anything of yours apart from your home in payment of the debt. (Yes, there are other exceptions, but they're pretty obvious)
Carlos was finally right.
Thank you for explaining all of that
Wow that is crazy... why did they ever think that would be okay... insane
Ben - I found ya around the 9:40 mark. Behind Steve's head, between the mics.
This story brought to mind a local Ford dealer here in Indiana, the dealership brought in a company to have a special sale, that night one of the trade ins went missing. The dealership reported it as stolen, turns out it had been repossessed.
Ben is bent into an L shape on the top shelf behind Steve's right (our left) ear.
Well Done Idris, you beat me by 45 secs👍
@@Bobs-Wrigles5555 Thank you. 😀
Thanks!!
Would never have seen Ben today without your help. 😉
@@user-no1cares Your welcome. 😀
never have this problem when financing a car loan through my local and reputable Credit Union..NOT a Bank, never a Dealership or Finance Company....!
it is for this reason that most retail establishment forbid their employees to be involved in the retrieval of property. There are a lot of liabilities involved that they can't certify each and every one of their employees to be authorized to apprehend or prevent an individual in this manner.
How many hours of legal representation can his used BMW buy, assuming that he even owns it free and clear?
His son owns the dealership so I think he got a good deal on the car.
@@digitalcurrents Unless his son is going to buy it back from him at top dollar, I'm not sure what that has to do with the resale value though.
Where oh where can Benjamin be, 'cause I don't see him...
I gave it a WAG!
G’nite Bob.
I think it is on top of the Hillsborough book.
@@brucelytle1144 Sorry Bruce, but Idris found him, leaning against the short mic, behind Steve's right ear(but only visible when he dodges), Happy Hunting
@@brucelytle1144 That image is a shadow I’ve mistaken for old Ben before.
@@user-no1cares yeah, I should have stuck with my "if I can't find him in 30 sec. , it's behind Steve's head" plan.
Steve....what is the legality of a document that I have signed before that states if the lender fails to approve the loan you must either pay in full or return the vehicle? Not sure if that is standard in all states but my purchases in AZ and CA have always provided the doc to sign.
I wonder how this case would have played out had the driver, upon being threatened with a sidearm, pulled out his own pistol and shot the "repo man" repeatedly because he thought was being carjacked at gunpoint? Definitely sounds like a self defense to me but I wonder how the jury would have looked at it.
It would be self defense and no charges filed.
Florida is a stand your ground state. Automatic self defense. They have to prove you’re not defending yourself. Unlike Washington state where you have to prove, beyond a reasonable doubt, that you were defending yourself or someone else.
He didn't just think he was being carjacked at gunpoint, that was literally (and by that really do mean literally) happening
What if the victim had a gun and thought he was truly being highjacked? And what if there had been a shootout? Sheesh!
He most certainly would have needed to hire a lawyer, and may have gone to trial. However, I think the self-defense of the situation would be evident.
And one more thing, he WAS truly being hijacked.
He was truly being carjacked. He was literally carjacked. He would have been justified to defend himself.
Carjacker was lucky. About 75% of people driving in Miami are packing…
@@robwiljas Exactly! Florida is a state where you can carry concealed and stand your ground.
I have only used dealership financing one time, and that was enough. No real issues, but it wasn't a very good loan for me. So i would recommend to anybody, get your loan set up BEFORE you go shopping. That way you are in control of what the loan looks like, and you don't have some sleazy sales guy trying to talk you into a car you cannot afford.
But better still, is to arrange things so that you don't have to finance at all. Save up for your car. I know not everyone can do this, but it's not as hard as you might think. The last car i financed, when the loan was paid off, i just arranged direct deposite to a second account for the amount of the car payment i used to have. Didn't hurt as i was used to spending that money on the loan anyway. So in essence, paying a car payment to myself. I figured it would be a nice down payment for my next car. Ended up, i had enough to just outright BUY my next car for cash.
I have continued this "scheme" to this day. I don't think i will ever need a car loan again.
It's funny how they did not mention how they knew where the guy was.
Might have something to do with how people keep finding GPS transmitters in their used cars? Seen a couple of dozen of those. A panel in the dash isn't sitting flush, the electrics are acting up.. mechanic takes a look, finds a GPS unit wired in.
@@nuclearmedicineman6270 Oh, undoubtedly there was a GPS tracker in the car.
@@nuclearmedicineman6270 No you haven't.. you have not seen 24+ tracking devices discovered by 'mechanics'.. no electronics were acting funny. Nobody sees a slight gap in a panel of a used car and takes it to the mechanic who then searches and investigates what's behind the panel.. why are you lying.. why are you just making things up
@@phelmonk9502 Step out of your bubble sometime.
@@robwiljas burst it with evidence
Many years ago, a guy I went to school with bought a car at a small "Buy here pay here" car lot. Not something I'd normally recommend but being young, from a poor family, and having no credit, it was a quick way to get access to transportation. He paid his payments on time for several months when his car disappeared. His check had cleared but someone at the dealer had messed up and not recorded it. They repossessed it while he was at work. He got nowhere with the dealer, even after getting proof from the bank that they'd deposited all his payments.
Come to find out the repo guy didn't secure it to the tow truck properly and totaled it on the way back to the lot. with a
The dealer was just trying to stall him and bluff him into going away. instead he paid an attorney to send them a letter or two. They suddenly became far more reasonable.
I don't remember the details but he ended up driving a significantly nicer car than the one they'd destroyed.
I researched the vehicle I wanted and formed a ballpark price. Got loan from NAVY FEDERAL CREDIT UNION and a CASHIER'S CHECK. Went on a car lot, picked one, test drove it, got in the office, showed the check and they accepted. Looking closely later, I overpaid by $1,500 keeping them happy. My payment was payroll deduction $125 a month for 5-years. Afterwards I kept the vehicle going on 27 years.
I've had this happen to me back in the late 80's. Not a carjacking, but I bought a car from a small used car dealer. Salesman played games with financing. First it was my GF (future wife) who was going to co-sign for me (iffy credit) then suddenly when we went to pick up the car it was switched somehow. I was co-signing for HER. Then when it came time to make my first payment I never got a loan coupon book (remember those?) so I called the bank. They told me that the loan was NEVER approved. At that point I probably should have just said tough luck to dealership, but I called them and told them they were NOT getting the car back and that they needed to fix this immediately. They did and I got the financing but it was a freakout time for me. This was the first car I had ever bought from a dealer with a loan. Needless to say, they went out of business. I still remember the salesman's name....Steve Flowers.
I did a little bit of Googling and Hadad's lawyer argued that the gun wasn't brandished, the victim just happened to notice the gun in his waistband after she handed her keys over. The lawyer also said that the car belonged to the dealership and they were entitled to repossess it which definitely seems to contradict the facts of the case.
Doyle Brunson famous saying at the end of the video....i love it
The question I have is that isn't there usually a certain number of days for you to make the payment before you are considered late? For example, a mortgage payment due on the first of the month but a late fee doesn't kick in until the 15th. If they say that you have just the one day and no grace period, that's a bad loan.
Well, he had payed late, and the late fee and had more than one day. It was the dealer that had some contract with the lender that they are not allowed to be late but thats between those parties, so he was current on his account and the dealership was even told not to repo the car.
Maybe the dealership employee thought he had qualified immunity. 😃
With it being just the first two months it would have been in the dealer's best interest to offer to manage / make the first two payments in the deal to insure no claw back. They would not need to tell the lender.
So does he have to still make payments if the company closes its doors? That is, outside of a sale of the debt to another company.
Finally. While I'm glad there's *some* limit to what people can do in the name of a business and not get off with "it's a civil matter" , that limit should be a lot lower than *literal armed carjacking* . Like, just stealing the car when the payments are current, by itself, should be a criminal, not civil, matter.
Dude sounds like either an anger management candidate or a future Darwin Club GOAT.
Now you’re going to jail all over a used 13K Hyundai 😂
Honda, not Hyundai.
licensed recovery agents and interns in Florida are not allowed to carry firearms while repossessing a vehicle, even if they have a concealed weapon or firearm license. This prohibition applies to private property and during repossession activities. Using any form of weaponry, even for self-defense, is strictly prohibited and can lead to legal consequences.
The employee is lucky the owner of the car was not armed.
Another story. This is a very long ago Hertz Car leasing fiasco. A car was repossessed from a non paying lessee. Then it was leased out again. Unfortunately Hertz forgot to close out lease number ones contract. The car was then repossessed from lessee number 2 while he was at work. There was a big fuss and poor #2 not only lost the car but got fired from his job. Lessee #2 was up to date on his payments. Eventually a reality cloud came over Hertz Leasing. They gave the car back to lessee #2 and sent a VP to lessee # 2's job to get the poor guy employed again. They also paid lessee #2 some cash and a few months payments were waived. The great thing was when lessee #2 had to start paying again he quit his job and skipped with the car.
Never, ever use a firearm as leverage in a disagreement or dispute.
Question.. have you ever heard of a car being wrecked, sold again and the previous owner get charged for an accident after the car was resold bc of fraudulent paperwork? Asking for a friend.
I just a see a strange pattern with something I've been looking into. Might be nothing. Could be something.
I sold a truck 9 yrs ago, about 45 days ago I was contacted by my insurance company because a claim was just submitted on my policy due to the truck was involved in an accident 3 days prior, luckily I still had the paperwork from selling it. Not only that the insurance policy was canceled back in 2015.
That happened to a worker that had bad credit. So for a couple weeks, the loan was not accepted by anyone and the dealer called back and said no loan. Bring car back
Steve addressed this situation in the video. Dealer's problem if you just make the payment to the dealer on time as agreed.
Does that employee really think in 6 months while he's rotting in prison that his employer will even remember his name?
He should get the maximum federal 15 years for the carjacking. Then the state should prosecute him under state law, with that sentence to run consecutive to the federal one.
There's a little thing called double jeopardy that says the gov't can't do that.
Those buy here pay here put GPS trackers in the cars. If you are late on a payment they would repossess the next day personally.
This is probably not the first time the dealership has done something like this but rather the first time it got reported.