answersLogoWhite

0


Best Answer

There is a 72 Hour cooling period. You can return vehicle for any reason during that time with full reinbursement and no obligation.

However, The dealer has the same right as you.

The only way that a vehicle can be forced to be given back , is if the bank that aproved your loan , can not finance you. Usualy they give a simple aproval and let you drive the car out the lot, but upon them reviewing your credit thoroughly, if there is something they find that they do not like, then they have the right to refuse credit.. Therfore, unless you find another bank promptly, the car needs to be returned.

But remember that this is the bank. The dealer itself only has 72 Hrs to change their minds or find their mistakes.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Contracts signed and new vehicle is in my possession now the dealership says they made an error on pricing or financing do you have to make good on their error?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the functions of middlemen in the chain of distribution?

I remember them as possession, ownership, negotiation, financing, pricing and promotion.


What kind of derivative contracts are contained within options pricing contracts?

There are many derivative contracts that are contained within options pricing contracts. A few examples include over-the-counter derivatives and exchange-traded derivatives.


Are futures contracts long term contracts?

They can be. If you look at the futures pricing, you'll see futures contracts that settle in 2013--and futures contracts that settle next month.


Who determines the car pricing at a dealership?

Most of the time a dealership will refer to the kelly blue book as a standard for pricing their cars. You can purchase your own kelly blue book or look up the value of a car online.


Why do firms use cost price pricing for supply contracts?

They are guaranteed a profit.


Why do many firms use cost plus pricing for supply contracts?

They are guaranteed a profit.


What is negotiating contracts?

It is the give and take about the clauses of the agreement. It means discussing the pricing, delivery terms and other aspects of the obligations.


Where could one purchase pre owned GMC vehicles in the US?

Almost any GM dealership would have good pricing on pre owned GMC vehicles. One could go to their local dealership and see what is in stock, or call if the dealership is far away.


Why is oil traded in US Dollars?

Well most of the oil features contracts are negotiated on the NYMEX (New York Merchantile Exchange) and the contracts-negotiated in dollars are used in the benchmark pricing of the oil. Wasswa


Would you rather buy your NEW car from a dealership that has non-negotiable and transparent pricing policy similar to the Scion dealers?

Yes!


What did a VW beetle cost in the year 1969?

Go to www.thesamba.com under archives. There are dealership pricing guides for many of the production years.


What has the author E P Durbin written?

E. P. Durbin has written: 'Tarlog' -- subject(s): Mathematical models, Strategy 'Development of management scientists' -- subject(s): Management, Study and teaching 'Pricing policies contingent on observed product quality' -- subject(s): Contracts, Pricing 'The contingent pricing problem' -- subject(s): Contracts, Pricing 'A model for estimating military personnel rotation base requirements' -- subject(s): Mathematical models, Personnel management, United States, United States. Air Force