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Can you terminate a vehicle contract if you still own your trade in and won't sign it over to the dealer?
Wiki User
∙ 13y ago
You signed a contract and now you want to change your mind? What do you think? A contract is a legally binding agreement between 2 parties that is enforceable in law. You signed the contract and you are bound by it. If the contract included you trading in your car then legally you must trade it in. Do otherwise and you are just asking to be sued. You will loose the suit if the contract is in order and will be out more money.
Wiki User
∙ 13y ago
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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.
Dealer did not sign contract?
The car dealership did not sign my contract, is it still binding?
If you don't take a car home from the dealer do you still have to buy it?
If you signed a contract it is yours. You cannot back out unless the dealer agrees.
If someone made payments to purchase vehicle and to pay remainder of balance when picking up the vehicle then changes mind is there a refund owed on payments?
No. You are not entitled to a refund if you made payments toward the purchase of a vehicle. In truth, if you signed a contract to purchase the vehicle, that vehicle is now secondary to the contract, you could still be held responsible for the balance of the loan, whether or not you still have the vehicle.
If a buyer defaults on the contract but it isn't stated in the contract that the vehicle can be repossessed can it still be taken?
You need to contact a local attorney for state specific advice.
Is the contract void if a dealer sold you a vehicle without a drivers licence and car insurance?
You need to read the contract you signed, preferably before signing it. I assume you mean the sales contract or finance agreement as you don't say which you are talking about. If you read the contract you will see that you agree to have auto insurance. I also assume that you have wrecked the vehicle and are trying to find someone else to blame for your problems. You will still be responsible to pay for the vehicle whether or not you have insurance or a license. It will not make any difference or get you out of this issue at all. You will also be responsible to pay for any damages and injuries that you caused someone else if you hit someone. Sorry.
Your vehicle was recently in an accident Can you still trade it in and where can you do this?
A dealer may be willing to accept it at a reduced Trade-in value
If a vehicle has a previous lien against it and you purchase it from a dealer do you have anything to worry about with the lien?
The lien is still valid, even though you purchased the vehicle through a dealership. The lienholder's name should be on the vehicle title, though. If you were not notified of the lien before buying the vehicle, see the dealership and ask for "rescission of contract"--this means the dealership will take back the vehicle and refund your money. If the dealership is unwilling or unable to do so, contact you state's attorney general.
Can a car dealership rescind a contract?
Probably not, but there may be issues down the road if you try to enforce some portion of the agreement that is in dispute. At some point, the party with the most to lose could file a motion to amend the contract.
How do you reset light on Honda Pilot 2009?
Vehicle is still under warranty. Take it back to the dealer who sold it to you.
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.
Can you stop the sale of your house if you find out you have liens?
Definitely. If the buyer change his/ her decisions or suddenly vanish, one can make an application to the court to cancel the sales contract. The liens will still exist unless you terminate the lien contract by notifying the other party to the contract. Any forms of notification is accepted as long as it is expressively stated in the contract. If you have any further questions, you may contact a lawyer for contract examination
