The nationwide company American Car Center folded last week, leaving buyers from the locations in Alabama worried about what happens next.
The Memphis-based chain has nearly 50 locations, with one on University Dr. in Huntsville, and one on Florence Blvd. in Florence.
Car owners Vannessa Fowler and David Mayo bought a car from the center three years ago. Now, the couple worries their car can be repossessed because they can not make their payments. Their contract suggests this could be the case.Fowler is twelve payments away from paying off the car. Mayo said the couple tried to trade out the car at dealerships, but they were denied when the dealer tried to reach an American Car Center representative.
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