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Can a dealer reposses a car for not paying deferred down payment that is not in the contract?
Wiki User
∙ 12y ago
This is not your car. The down payment enables you to have the privilege of a contract. So, pay up.
Wiki User
∙ 12y ago
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You signed a contract for a used car the car dealer still has the car you have not given your down payment can you get out?
I THINK SO. THE CONTRACT HASN'T BEEN COMPLETED UNTIL THE DOWN PAYMENT IS MADE. HE'LL PROBABLY VOID THE CONTRACT FOR FAILURE OF PAYMENT.
If a car payment is due on the 14 but a payment will not be made until the 29 can the dealer repossess the car in Georgia?
YES, if you are in default of the contract, the collateral can be repossessed. Read your contract again.
What is a pick up payment in an auto loan and how is it applied?
A pick up payment is an irregular or deferred down payment. The down payment is the amount paid up front and reduces the amount financed. Some amounts may be deffered to future dates. The amounts and dates of these payments must be disclosed on your contract and are separate from your regular payments. If interest accrues off these payments depends on the state and dealer.
Can a dealer refuse an 1800 down payment if no contract was signed?
A dealer can do whatever they want, they are not legally obliagted to sell you any car.
What is a supply contract?
A supply contract is a kind of agreement that a dealer makes to the supplier. The supply contract has some elements like where is the product be submitted and the payment terms.
What if you have agreed to pay 900 deferred down payment and you can not make payments so they repo car do you get your 1100 you already paid back California?
btw the dealer never got deal bought by a lender because down payment was not paid is partial deposit refundable?
What can you do if you made a down payment on a car but after a week the dealer told you there was a lien on the car and could he be getting a better deal and what are your options?
I believe you can get your down-payment back if you do not have the car. But, if the dealer is doing that to sell the car after you have made a downpayment (depending on what the contract/receipt states) then you mave have legal options against the dealer. Some lawyers have free consults. I would contact a lawyer for free consultation before getting my down-payment back because the dealer may have breached a prior agreement/contract, whether verbally or written. State laws may differ.
In the State of Florida How many days do you have to cancel a new car purchase contract.?
There is no 3 day to cancel a new car purchase contract. The only time you have 3 days if the dealer came to your house or place of business and Solicit you. There is no 3 day to cancel a new car purchase contract. The only time you have 3 days if the dealer came to your house or place of business and Solicit you. ------------------------------------------------------------- Always read your contract before you deal with dealer, And I think is 10 days is very common for cancel your contract but it all are depend on your down payment & dealer's financial condition.
Can you get out of contract of a new vehicle when the contract you signed is not the car?
If the car that the dealer delivers is not the car that is identified in the contract, then the DEALER is in default, not you.
You cannot make your deferred down payment on a used car what can you do if the dealer will not help extend for a few more days in Texas?
Every dealer has its own rules when it comes to Deferred Down Paymet, now you can put a deposit for the vehicle up to 5 Working days and then purchase the vehicle or make a down paymet with your credit card and that will buy you some time.... Now if you keep shoping you will find a dealer who is willing to execute a deferred down paymet. Just make sure the vehicle is worth'it. Regards, Aldo Montes de Oca C. Preown Store manager.
If you returned your car to the dealer before your payment is due does it go on your credit?
Technically, a sale is not complete until money is exchanged. The law in some states is different though, and if you signed a contract PROMISING to pay, the contract defines the sale.
Once you have a signed contract from a dealer can the dealer go back on his word?
Once you and the dealer have signed the contract, it is a binding contract agreement and it responsible by law. You can take him to court if he doesn't keep his part of the agreement.
