Ford Motor Credit Co. v. Freihaut

CRANDALL, Presiding Judge.

Plaintiff, Ford Motor Credit Company, appeals from the judgment in favor of defendant, Mark C. Freihaut, in a court-tried case, in which the court denied a deficiency judgment after plaintiff, a secured party, repossessed and sold a motor vehicle purchased by defendant. We affirm.

On August 3, 1990, defendant purchased, on credit, a 1990 Ford Ranger truck (truck) from Ray Price Ford-Mercury, Inc. (dealer). Defendant signed a “Missouri Vehicle Retail Installment Contract.” The contract provid ed that the sale price of the truck was $15,-830.00. The amount financed was…