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Can your car be repossed by the car dealership if i was never approved for financing?
Wiki User
∙ 13y ago
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
Wiki User
∙ 13y ago
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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.
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?
What is auto financing used for?
Auto financing is a type of loan. An automobile loan company or bank will lend the individual money, directly to the car company, to finance the purchase of the vehicle. The individual then pays the loan, plus interest, directly to the car company. Many dealerships have financial services on site so that the buyer may get the loan through one of dealership's partner companies. The loan is never directly given to the individual. It is given to the dealership. All payments are then made directly to the dealership or the financing agency.
When was NATO approved by congress?
It never was approved by Congress.
Is vinayaka mission university Salem a fake university?
No never never never fake,it is 100% valid university and ugc approved. Jai mata di.
Options for Boat Financing?
If you have always dreamed of purchasing a boat, you might have decided against it because you thought you couldn't afford it. Many people never realize their dreams of boat ownership due to the misconception that boats are expensive or that they are difficult to finance, but there are actually plenty of options for boat financing that are perfect for average individuals who are simply ready to make the leap into boat ownership.Dealer FinancingOne excellent way to finance the boat that you want is to work with the dealer for boat financing. Although you will have to worry about a pushy salesman pushing you to purchase a boat and get it financed, there are benefits to this type of boat financing. For instance, you can often get boat financing quickly and easily by working with the dealer, and he or she will do most or all of the work for you. He or she might also be willing to help you qualify so that you will make the purchase, and you might have access to special dealership deals that you wouldn't otherwise be able to get. If you find a boat at a dealership that you are interested in, you should certainly talk to the dealer or salesman about boat financing through the company; although you don't have to commit to it, it never hurts to find out what you can so that you can make a smart purchasing decision.Boat Financing Through NMBA LendersThe National Marine Bankers Association is an association that helps boating fans get the boat financing that they need in order to purchase the boats of their dreams. There are several reasons to work with these specialists for your boat financing. For instance, they often make it easier for you to get into your boat, because they offer very low and reasonable down payments and longer financing terms. You can also get fast credit approval decisions when you work with NMBA lenders for boat financing, and these are the individuals that you will probably want to work with if you are looking to finance and purchase a used boat.
Is MG university approved Msc.Botany Bharathiar university?
never
What type of financing is a reversible mortgage?
Reversible mortgage is a type of financing that allows you to turn the equity in your home into cash. As long as you continue to live in your home, you will never need to pay the money back.
On what basis does the FHA approve financing services?
The FHA will never be responsible for approving financing. This organization can help one find a lender, but they do not actually lend money themselves. For more information visit the FHA website.
What is residual based financing?
Residual based financing. I've never heard it worded like that, however being that I worked in the auto business and I understand financing it sounds like a Lease type of financing option. Monthly payments on a lease are determined by several factors one of which is the residual or (end) value of a vehicle taking mileage, condition and forecasted future value of the car into consideration.
Benjamin Franklin's Albany plan of union was not approved when?
never check this website ever again they never have the right answers.
What does it mean when a dealership advertises as an 'authorized' VW dealer?
An 'authorized' dealership for any make or brand of car is one that has been specifically recognized and approved of as a dealer and provider of parts and servive for a particular model and sometimes even a particular make of car. I believe they are also held to a certain legal standard for quality of products rendered, but have never been able to find a specific list of what the legal regulations and strictures are levied upon 'authorized' dealers.
