Consumer complaint received 2022-03-23
Company: Carvana Group, LLC
State: GA
Product: Vehicle loan or lease
Sub-product: Lease
Issue: Getting a loan or lease
Sub-issue: Problem with signing the paperwork

Complaint:
[. Notice of Billing Error 12 C.F.R 1026.13 I am trying to move forward on financing that I went into on XX/XX/XXXX with CARVANAXXXX but see some billing errors in the contract. 
As insurance should be included in the fincance charge.I also sent an email and called CARVANA ON THE XXXX of XXXX XXXXI need to speak with your financial side because due to 12 CFR 226.4 ( b ) ( 8 ) in which XXXX is financing the automobile thats VIN NUMBER is : XXXX and STOCK NUMBER is XXXX with CARVANA.Insurance is to be included in the contract with the finance charge so I dont need to get insurance elsewhere. 
12 CFR 226.4 ( b ) ( 8 ) ( 8 ) Premiums or other charges for insurance against loss of or damage to property, or against liability arising out of the ownership or use of property, written in connection with a credit transaction. I have noticed several billing errors in the Truth-In-Lending disclosures section Retail Installment Contract and security Agreement. Another one that I see is the number of payments as well as the amount of payments seem to be inaccurate on the Payment Schedule. 16 CFR 433.1 ( d ) Purchase money loan. A cash advance which is received by a consumer in return for a Finance Charge within the meaning of the Truth in Lending Act and Regulation Z, which is applied, in whole or substantial part, to a purchase of goods or services from a seller who ( 1 ) refers consumers to the creditor or ( 2 ) is affiliated with the creditor by common control, contract, or business arrangement. Under regulation Z also known as the truth-in-lending the itemization of payments should mirror the finance charge amount as it is the dollar amount the credit will cost me. The next billing error that I see is the down payment on the itemization of amount financed. The {$54000.00} cash payment placed under section f which references Net trade-in ( d-e ; if negative enter {$0.00} here and enter the amount on line m ) is in violation of 7 CFR 1436.10 ( c ) The down payment may not include any trade-in, discount, rebate, credit, deferred payment, post-dated check, or promissory note to the supplier or contractor. The next billing error I can see is the amount of credit provided on my behalf. There is no authorized representative other then the appointed attorney-in-fact by the consumer to receive any credits on behalf of the consumer. I am demanding additional clarification including documentary evidence of the procedures used to come up with these itemized amounts in accordance with Generally Accepted Accounting Principles ( GAAP ). These billing errors listed above may be assumed to be a willfully intent on. So I am trying to see how to go about getting a fair contract in which I the consumer just need to pay the finance charge of {$1700.00}. 

I also do not do commerce or drive because I will just be traveling on public roadways so I dont need to register the automobile to the state. I will register it to me and get my own private travel plate to use on public roadways. In saying so I am requesting the MCO of the car so I may register the automobile. Thompson v.Smith, 154 SE 579, 11 American Jurisprudence, Constitutional Law, section 329, page 1135 The right of the Citizen to travel upon the public highways and to transport his property thereon, in the ordinary course of life and business, is a common right which he has under the right to enjoy life and liberty, to acquire and possess property, and to pursue happiness and safety. It includes the right, in so doing, to use the ordinary and usual conveyances of the day, and under the existing modes of travel, includes the right to drive a horse drawn carriage or wagon thereon or to operate an automobile thereon, for the usual and ordinary purpose of life and business. 

Also want to state the fact that since CARVANA, LLC ran my social security credit card number they become trustee in my registered estate that I am a beneficiary to. In which CARVANA, LLC needs to perform to benefit the beneficiary in every way. 

Account Number : XXXX Last Four of SSN : XXXX XXXX XXXX XXXX  XXXX XXXX XXXX XXXX XXXX Phone Number : XXXX Email Address : XXXX - XXXX XXXX XXXX, XXXX ]

Company response to consumer: Closed with explanation