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Can a RV dealer back out on a trade once all papers signed and check axcepted and cashed by dealer if he later sees he made a mistake on trade-in value?

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Wiki User
2005-10-18 19:00:07
2005-10-18 19:00:07

If the deal has been approved by a lender and you have signed paperwork and then driven the veicle off the lot they can not unwind the deal. Their mistake they have to eat it if you are delivered in the vehicle. Unless you signed something giving them recourse (usually dealers have forms for salvage title vehicles that allow them to unwind the deal if they discover salvage/branded title)If they just misbooked the trade and made the mistake it's their problem. As long as you didn't misrepresent the trade you should be fine.

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