answersLogoWhite

0


Best Answer

Absolutely not. What the dealer is attempting to do is run you through their in-house bank, since they get receive a bonus for doing so. If you started filling out any paper work, calmly gather all of it and leave. This is a deceptive practice. If they're pulling this trick, they're probably doing something else wrong.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: You were pre approved through your credit union and requested a purchase order from the dealer and they stated that you had to sign a contract with them is this true?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Law can a mobile home manufacture cash your down payment check before loan approval after telling you they will hold it until you were approved?

You should check your contract and make certain your deposit will be returned if you don't qualify for the loan. If the promise to hold the check until the loan is approved is part of the contract the company has breached the contract. However, if the loan is approved and the sale goes through you haven't suffered any damages. If the sale doesn't go through the contract will govern whether your deposit is returned or not.


Does this phone require a contract?

This phone will be cheaper with the purchase of a contract, but can be purchased without a contract through third party websites such as ebay. No data plan is required.


GSA SmartPay 2 purchase charge cards are issued through three different banks which have a contract with GSA These collective contracts are referred to as?

Master Contract


Where could one purchase a Sony Ericsson phone?

You can purchase a Sony Ericsson phone either with or without a contract through mobile phone service providers like AT&T. You can also purchase one through personal sellers on websites such as eBay or Craigslist.


If you return a car 1 hour after purchase and cancel the check for the purchase through your bank what are your legal obligations?

You will likely be sued for the contract value of the car. You will likely lose.In a two-party contract like a auto purchase, you cannot unilaterally decide that the contract is no good.You may have committed a crime as well in canceling a check written for a binding contract. You should find an attorney very quickly to help sort out the mess you have created.


How can you void a used car purchase?

You cannot void a used car purchase in most cases. In extreme cases like deception, a judge may decide to let you voice your purchase. In most states, there is no cooling off period and once you sign a contract you have to follow through. However, if your contract says you can void it, you can.


What is the statute of limitations for breach of contract in Florida?

It is to be five years but why wait you must send a reply by certified mail with return receipt requested to ensure that you are acknowledged through U.S.Postal Mail of which is dated and stamped!


Is there any way to buy Pokemon games that come prepackaged with Pokemon and or items?

Yes... But it wouldn't be brand new or anything. You would have to either A pay for someone to get the requested pokemon and then purchase it from them OR "buy" those requested pokemon off of someone else's game (through trading).


Where can one purchase used Buicks?

Used Buicks can be purchased from approved resellers, or for a better deal, directly from owners through classified advertisements and websites such as Craigslist.


Where is it possible to get a Nokia 7100 on contract?

There are a number of retail locations and internet websites that carry the Nokia 7100, a popular smartphone model. Perhaps the easiest way to purchase this phone on contract is through the official Nokia website.


Is vinayaka university approved for MSc in chemistry through correspondence by UGC?

yes its approved


Where can you purchase VoIP telephone systems?

There are a number of places where one can purchase VoIP telephone systems, which allow for telephone calls through the IP address. The website Approved Telephone Systems is worth looking at, as are the BT site, Birchills and Pc World.