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Can dealer sell vehicle you already purchased?

Updated: 8/17/2019
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14y ago

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Not unless you sold it back to them.

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14y ago
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Q: Can dealer sell vehicle you already purchased?
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How do you return a financed car?

I assume by "financed" you are NOT referring to a leased vehicle but one purchased with a new-car loan. I also assume the vehicle is still pretty new and has very low miles, which is why you mentioned "returning" it. Basically, you cannot return a vehicle. It's not like buying and returning merchandise from Wal-Mart. You must sell the vehicle. The dealer from whom you purchased it might be willing to buy it back, if it's like new, or perhaps you could trade it in for a different model.


We purchased a new vehicle in Jan 2010 We are military and just got overseas orders and can't take it with us We wanted to know what our options are can we sell it back to the dealer?

Yes you could sell it back to the dealer but you will only receive the wholesale value. Better to sell it to an individual. You could also put it in storage for when you return. The dealer may be sympathetic to your plight and offer more. Remember if he buys it from you he must sell it at a profit. Allot of this depends on how much you owe on the vehicle. If you owe less than it is worth just sell it to an individual. If you owe more then you have a problem. See if you can let someone take over the payments. Just make sure it is all done legally with the proper paperwork.


What are your options when you are moving overseas and have run out of time to sell your car?

Cut the price to the point that the vehicle will sell. As a last resort you can always sell the vehicle to a Used Car or New Car dealer. Don't expect to get top dollar. You will get wholesale value at best.