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FIRST CHICAGO GARY-WHEATON BANK v. GAUGHAN

No. 2-94-1439.

655 N.E.2d 936 (1995)

275 Ill.App.3d 53

211 Ill.Dec. 553

FIRST CHICAGO GARY-WHEATON BANK, Plaintiff and Counterdefendant-Appellee, v. Robert A. GAUGHAN, Defendant and Counterplaintiff-Appellant.

Appellate Court of Illinois, Second District.

October 4, 1995.

Attorney(s) appearing for the Case

Anthony J. Trotto, Addison, for Robert A. Gaughan.

Douglas Drenk, David Drenk, Douglas Drenk & Associates, P.C., Wheaton, Lynn A. Goldstein, Gloria R. Mitka, First National Bank of Chicago-Law Dept., Chicago, for First Chicago Gary-Wheaton Bank.

MODIFIED UPON PETITIONS FOR REHEARING

Justice HUTCHINSON delivered the opinion of the court:

Defendant, Robert A. Gaughan, appeals the judgment of the circuit court of Du Page County in favor of plaintiff, First Chicago Gary-Wheaton Bank. We affirm in part, modify in part, and remand.

On March 20, 1987, defendant purchased a 1987 Porsche 911 Turbo (vehicle) from Lynch Imports. Defendant purchased the vehicle for $69,000. Defendant made a $30,000...

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