Please read the papers you signed. They loikely state that the payments set forth are CONDITIONAL upon the dealer finding a lender that will take the contract as written. YOUR credit Report will have a lot to do with that happening. Maybe no lender wants to finance you at that amount based on your CR.
If you signed it you are bound to it, even if you didn't read it beforehand. If you haven't signed it then they are responsible for fixing the mistake before you sign it if they still want your business. If you signed it and later came to a problem where you realized the contract was ambiguous it will work to your advantage under the rule of contra proferentum.
The question is a bit confusing. When purchasing a car from a dealership, the transaction is by contract. Once the contract is signed, the contracted price is the price. There is no changing of minds later. If, as is not unusual, the dealer sent you with the vehicle to return at a later date to sign the contract, and then changed the price, this could be an attempt at fraud. Get the change in writing, do not sign anything, and take your evidence directly to an attorney who specializes in consumer fraud.
Yes the dealer sends your signed contract on to a loan broker possibly the company that makes the vehicle and they in turn run a credit report if your credit is not up to the standards for a zero percent loan it is not accepted you in turn do not have to purchase the vehicle since the terms you signed for are not accepted the contract is void. Let the dealer lower the price to you or go someplace else to purchase.
The dealer typically never signs the contract when the customer does. The dealer principal does quite often. Sorry this is not a loophole, its still a binding contract. However if you signed an open contract where it doesn't say what bank anywhere on the contract its assigned to then a very good lawyer can help you. Sometimes dealers can have you sign a contact without getting an approval from a bank first so they can leave that part out for them to hand write it in later.
How many 3s in 313433535333?
Who was Cindy murdock married to before david murdock?
Why is John Price formerly married to Cindy Murdock why is he in prison?
What is 8.275 rounded to the nearest ounce?
A teacher walks into the Classroom and says If only Yesterday was Tomorrow Today would have been a Saturday Which Day did the Teacher make this Statement?
How many times does 12 go into 100?
I sometimes run but I cannot walk - you always follow me around what am I?
Why did John price divorce Cindy price?
Where is the origin of the Panama hat?
Have you ever crashed a wedding or had your wedding crashed, if so what happened?
How many times did Joe Biden run for president?
What is the world’s oldest soft drink?
How many novels did Charles Dickens write?
What do the colors on America's flag mean?
How did Harry Houdini come up with his stage name?
What is modal fabric?
Accountancy is necessary while auditing is a luxury comment?
When arranging equipment at the front desk that factor should be considered?
When arranging equipment at the front desk what factors should be considered?
What is the shape of SiOCl2?
What does CTA stands for in ICSE board?
2. Under what condition is a diode never intentionally operated?
How did Angel Rain died?
BA-28 which is a recommended water-skiing safety practice?
Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.