FORD MOTOR CREDIT CO. v. LONG

No. 8518.

608 S.W.2d 293 (1980)

FORD MOTOR CREDIT COMPANY, Appellant, v. B. L. LONG, Appellee.

Court of Civil Appeals of Texas, Beaumont.

Rehearing Denied November 20, 1980.


Attorney(s) appearing for the Case

Frank M. Lamson, Port Arthur, Randall A. Hopkins, Houston, for appellant.

Wayne Peveto, Orange, for appellee.


DIES, Chief Justice.

On April 12, 1978, B. L. Long, appellee, purchased a new 1978 Ford dump truck from Kinsel Ford, Inc., of Beaumont, financing the purchase by executing an installment contract (hereafter "contract"). The contract reflected an unpaid cash price of $30,998.06, other charges of $4,582.03, a finance charge of $9,449.37 for a total payment of $45,029.46. The contract was assigned to Ford Motor Credit Company, under the terms of which Long, appellee...

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