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Sure ... particularly if something negative comes up in the buyers credit report putting them at risk of possibly not being able to make the monthly payments.
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∙ 16y ago
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If you signed all of the papers and do not drive the car off of the lot can you back out of the deal if you find that it isn't as good the dealer said in Oklahoma?
no, when you sign, its a done deal
What can you do if the dealer advertises the same car for 1000 less on their website than what you paid?
A little more research next time and a better deal. You made a deal, signed the papers, and took possession of the car. Your stuck with the deal you made, not one he is advertising.
Are you obligated to a car contract without taking delivery?
Depending on the state you live in, certain states do have 'cooling down' periods. Most do not, if you have signed papers the dealer has every right to refuse to rescind the deal.
Can you back out of a car deal after the papers are signed but the cash down payment was not given and the car was NOT taken off the lot?
More Than Likely. As long as the papers have not been sent in or filed on a government PC, then there should be no problem unless the car dealer is obstinate and problematic.
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?
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.
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?
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.
If you signed all the paper but did not make the down payment can you back out of the car deal?
If you signed all the papers but did not make the down payment, can you back out of the car deal? No, once you sign the paper you are locked in. If you back out you will take a credit hit.
In FL after buying a new car can you decide you don't want it before it leaves the dealers?
I live in Florida and as far as I know if you signed the loan papers and the deal was approved the car is yours. If you signed the papers but the loan is "pending approval" you may have a chance of canceling the deal, but they will probably try to keep any deposit you put down.
If a final sales agreement and loan papers have not been signed is the deal still an obligation to purchase?
You are not obligated to complete the deal until they are signed. However, depending on whatever prior agreement you may have, any deposit may be lost as well as goodwill.
If a client gives down payment with no formal papers signed can the dealer refuse in giving a refund if deal was canceled?
A sales contract is assumed to exist if money changed hands. The buyer gave cash in good faith and the seller must deliver the item promised or a refund.
Is a deal made over the phone with a car dealer a binding contract in Florida?
Absolutely not. Unless it is a signed paper it will be difficult to enforce.
Is it possible to back out from a car contract once you signed it but did not take the car off the dealer parking lot and you still have the trade in in your possession?
You purchased the car when you signed the contract. It has nothing to do with driving it off the lot. The only thing you can hope for is the dealer is willing to terminate the deal.
