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Legacy Motorcars

  79 inquiries |
Automobile Sub-Leasing

9595 Wilshire Blvd. Suite 900
Los Angeles, CA 90211
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(310) 906-0979

http://www.legacymotorcar.com/

Company Rating

F

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Customer Reviews

based on 0 reviews.

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Complaint Experience

N/A

Complaint Resolution Index (CRI)

Membership Information

This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.

Recent Review

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Complaints and Resolutions

Complaint Experience

N/A

Complaint Resolution Index (CRI)

BCA's Summary and Analysis:

Complaints contain a pattern of serious allegations that the company agreed to sub-lease their vehicle to qualified candidates and that the company would make the car payments. All complaints allege that the company failed to make their car payments and that they could not locate their vehicles.

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Complaint Closing Statistics

0 complaints against Legacy Motorcars closed in last 3 years.
Complaints Type of response
0 Making a full refund, as the consumer requested
0 Making a partial refund
0 Agreed to make an adjustment
0 Refusing to make an adjustment
0 Refuse to adjust, relying on terms of agreement
0 Unanswered

Other Information

Company Info

We provide asset management which include boats, planes, autos, artwork, etc. for high net worth clientele.

Primary Contact: Seth Davis
Business Started: 3/24/2010
Social:

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Licensing

We know of no licensing or registration requirement for companies engaged in this company's stated type of business.

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Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

Subleasing your vehicle involves both practical and legal considerations. It may seem expedient to sublease your vehicle if, for example, you’re having trouble making your lease payments. But we urge caution. Our experience with similar offers is that the company handling the sublease may fail to fulfill its contractual obligations if the sublessee defaults in his/her payments. Complaints also allege that when this happens they are unable to obtain information about the sublessee from the company, making it impossible for them to collect lease payments or insure or repossess the vehicle.

Before you sublease, be sure your contract doesn’t prohibit it. Read it very carefully, since you may be subject to fines or penalties if you breach your contract. Contact your lessor and tell them what you plan to do. You may be held responsible for whatever your contract requires, such as charges for mileage over the stated limits or damage to the vehicle cause by the sublessee.

Other Considerations

We know of no other matter or practice relating to this company that may assist you in your consideration of this company.

Industry Resources
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Additional Info

DBAs:

Legacy MC, Inc.
Legacy MC
Legacy Motor Cars LTD

Websites:
There are no additional web sites.

Contacts:

Timothy Brice (CEO)

Addresses: