SeattleOUstudent
4/19/2006, 08:05 AM
guy is no longer with Big Red Sports (thank goodness)! I was reading the article about AD and the alleged new car scheme, and came across this jewell:
http://newsok.com/article/1819933/?template=sports/ou
Brad McRae, who until recently was a part-owner of Big Red, said Peterson signed a sales contract several months ago to buy the Lexus. Peterson's mother, Bonita Jackson, said she had heard many rumors in recent weeks and months about the deal.
"I've heard a lot of different stories," Jackson said. "None of them are true."
Jackson said her son returned the car because the family determined it would not be able to afford the monthly payments. McRae said the dealership regularly allowed customers who signed contracts to drive the cars for a period of time before financing had been secured.
"We didn't do anything wrong," McRae said. "Is it standard operating business practice? Yes, it's standard operating business practice."
McRae was recently "fired or quit, however you want to put it," he said, because of a dispute with Big Red's majority owner. The dealership was then sold to the Hudiburg Auto Group of Oklahoma City. McRae said his departure and the subsequent sale was not related to OU or Peterson.
http://newsok.com/article/1819933/?template=sports/ou
Brad McRae, who until recently was a part-owner of Big Red, said Peterson signed a sales contract several months ago to buy the Lexus. Peterson's mother, Bonita Jackson, said she had heard many rumors in recent weeks and months about the deal.
"I've heard a lot of different stories," Jackson said. "None of them are true."
Jackson said her son returned the car because the family determined it would not be able to afford the monthly payments. McRae said the dealership regularly allowed customers who signed contracts to drive the cars for a period of time before financing had been secured.
"We didn't do anything wrong," McRae said. "Is it standard operating business practice? Yes, it's standard operating business practice."
McRae was recently "fired or quit, however you want to put it," he said, because of a dispute with Big Red's majority owner. The dealership was then sold to the Hudiburg Auto Group of Oklahoma City. McRae said his departure and the subsequent sale was not related to OU or Peterson.