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Can a dealership take your car if financing was approved already and the car was signed off on with title and ownership already belonging to us. The dealership made the error and want the truck back.?
Wiki User
∙ 15y ago
Technically you are not the owner of the vehicle until you have paid every repayment it is the property of the finance company.
Just because the vehicle is in your possession does not mean that it is yours as the contract that you signed has not been forfilled (the paying in full part)
Wiki User
∙ 15y ago
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Can dealership back out of signed contract once approved financing and drove the car off lot?
after approved financing and signed contract, have had car 8 days, can a dealership take car back?
Can your car be repossed by the car dealership if i was never approved for financing?
You were never approved for financing to buy the car thus you do not own the car and the dealer has the right to his property....so yes they can
Can a car dealership cash your check that was used for down payment if you were never approved for financing?
A check given to the dealership will be cashed. This is normal in business. Whether they can keep the money or have to return it is based on what your purchase agreement reads. Where I live if the purchase agreement has "Subject to financing" on it the down payment must be returned if the dealer can not get you financing and you can't get outside financing. If it does not have that in it they get to keep the money.
For a two-door car that is marked at 6995 a car dealership offers a down payment deal of 1000 or 20 Percent down with approved financing How much is the difference between the two offers?
399.00
Where can one go to be approved for car financing?
One can go to be approved for car financing at a local car dealer and applying there. One of the most important things you will need is good "credit".
What minimum credit score is required to get financing for a good used car?
Generally used car financing requires a credit score of 680 or higher to be sure to be approved and get reasonable rates. If you are obtaining financing directly from the seller/dealership and put down at least 25%, someone with a credit score of 650 should find success. If you don't, however, have the income to support the payments, you WILL be turned down.
Did Westerners approve or disapprove of the ownership of slaves?
Some approved, and some did not.
If a house has been conditionally sold what does that mean?
It means that there has been an offer, it has been accepted, but they are waiting for financing to be approved. If the financing fails the sale is off.
Can car dealership approve credit and two weeks later financing says not approved credit?
I had the exact thing happen to me with a KIA dealership here in FL. I'm still not convinced that it's legal but they lost in the deal. I had a new van to use for 2 weeks (which I ran to Georgia twice)and than when they got it back we had the hail storm. I like to think they got theirs.
Where is the best place to buy an approved used Honda Acura?
Your local Honda dealership is the best place to buy an approved used Honda Acura. Always make sure that your car dealer is approved by the car manufacturer.
Secured Auto Loans Financing For People With Bad Credit?
If you are a looking for financing to buy a car but your credit history is bad, it may be difficult to get approved for by the traditional lenders. However, this does not mean you cannot entirely get financing. With increased competition in the auto financing sector, lenders have come up with solutions for people with bad credit. To easiest way to get financing with bad credit is to provide collateral for amount you are borrowing. The common forms of collateral accepted include house equity, property and business shares. If you have collateral, you can easily get approved for a bad credit secured loan.
How can you have a signed contract with a car dealership and you have the truck for eight days and they never had the loan approved by a lender?
Incompetence, maybe?
