"The owners name is Nate McClinton and he is a total fraud! He claims to run a business that specializes in loan/lease assumptions. He is NOT licensed by the DMV nor does he have any insurance or bonding as he "claims" to have both in person and on his website. His pitch is that he will find someone to take over your lease or lease the car from you if you are the owner of the car. He basically finds people who have little, none, or bad credit and enables them to get into a luxury car by taking a large deposit from the new car consumer. In my case I have a very nice BMW 6 series convertable that I own outright. He found a person who was willing to lease my car from me on a month to month basis for $1100 per month. The person had to keep insurance on the car and Nate guaranteed that his company would make the monthly payments if the customer did not pay. I keep the car registed in my name and still have the title as well so I felt safe (I was wrong). However he never reveals who the "customer" is to you. It is a mystery and every month you just hope to get paid. HE collects a large "deposit" from the customer in exchange for NOT running any credit or background checks. In my case he collected $10,000 from the customer. Then he pockets the "deposit" and "hopes" that the person that he found to lease your car keeps on paying, and if they don't then you have to try to collect from Nate and his company (good luck on that). He is a one man show with NO actual office and NO staff. He has one phone number that goes to his cell phone (with a generic outgoing message). So to make a long story short I had to pay over $4000 to reposses my own car after the first month for non-payment and he did not accept ANY liability for this situation but even worse will not call or email me back to resolve the situation and will not refund the $10,000 that he basically stole from the customer in my opinion and as the owner of the car I did not get one dime of that $ besides the first mo. payment.
Below is an E-Mail that I sent to him
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