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Verbal contracts are binding. However, taken to court there's always going to be the "he said she said" factor. If either party did not complete their side of the contract, i.e. only brought $999 instead of the $1000 agreed upon then there is breach of contract. If the seller misrepresented the condition of the vehicle would be another condition. IN some states there are also "cold feet" escape clauses from purchase contracts.
What else can I help you with?
Can the car dealership rescind a rebate after you have the car?
Once the deal is signed, you have the power.......
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.
In Ohio can you take a car back if you have signed the papers?
The buyer's remorse law does not apply to the purchase of an automobile. If you have no actually paid for the car you may get out of the deal and you may not. Ask very nicely to be let out of this deal.
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
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.
Can you back out of an automobile deal?
it depends on what kind of a deal it is
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.
Why was the first automobile such a big deal?
It was a big deal because it changed society.
Saturday i signed for a loan for a car drove the car home on monday my husband needs to sign the papers for the loan can we go back on the deal and get our down payment back?
ask moneysavingexpert.com
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.
