Edwards Chevrolet Company v. Brokaw

THAGARD, Presiding Judge.

On March 25, 1967, the Brokaws, Senior and Junior, purchased and took delivery from appellant a 1967 model Corvette automobile. The cash selling price was $4,856.00 and the time sale price, including insurance premiums of $403.16 and a finance charge of $735.36, was $5,994.52, payable in 36 consecutive monthly installments of $134.07 each. The Brokaws were credited with a down payment of $1,168.00. The insurance premium of $403.13 included $144.81 for credit life insurance and $245.00 for $100.00 deductible collision coverage on the automobile. We infer from the…