after approved financing and signed contract, have had car 8 days, can a dealership take car back?
it is legal as long as they meet the financing requirements and insurance requirements of the financing. paying cash you bet.
There is no such requirement. They can sell it the next minute after you trade it in if they have a customer.
A car dealership does not have a certain length of time to tell you. It is better business practice to do so when they tell you they will, within a reasonable period of time.
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
Every person's financing situation with their vehicle is unique. You'll have to call the people that repossessed your car (your bank, the dealership) to find out.
One can receive financing for a car loan in many places. If one is purchasing the car at a dealership, the dealership most likely has a loan officer on site. Or one may be able to get a loan from their bank or credit union.
You have to pay off the car. Unless there was a fault with the car that caused the accident, the dealership is home free. Surprising that they did not require collision insurance as part of the financing.
Carter Dodge is a car dealership affiliated with Dodge and Chrysler. They offer new and used cars for sale. There are options on financing and trade ins. Dealership repair and maintenance services are also offered.
If they do not know who the financing is then you havnt signed a finance agreement so in that case you should be able to return the car and get your trade back. sounds like to me they are shooping your loan to different lenders. Just make sure you didnt sign a finance agreement.
You can get free information about car financing from either a bank or a car dealership. You might also want to check with your insurance company. If you are buying a car from a dealer, I would talk with them first.
Yes. It is called a trade in.
To find information about car financing, you can visit your local car dealership, and ask them for information about the process of receiving financing. Also, some websites can provide you with reliable information, such as HowStuffWorks.
There are several options for financing a car purchase. If you are buying through a dealership, they may offer financing for their customers. You can also get a loan from your bank or credit union.
The moment you sign the contract, have financing, and they hand you the keys. The car is now yours.
Yes you can, but it depends on the dealership you trade it to...some of them will be willing to pay it off when they receive it as a trade.
It's best to make sure you have financing before you buy a car. If you plan on getting financing from somewhere other then the dealership, and you have a set amount you can spend, you won't let yourself get into a car that you can't afford and you may be able to haggle the price with the dealership more.
The only time the purchaser can cancel auto financing is in the begining of the loan during the "interview" with the finance company. That is one of the reasons the dealership will not tell you who the finance company is before they get "funded" by the bank. If you knew who the finance company was before the dealership gets funded then you can cancel the financing. The other issue you have is the contract signed with the dealership. They can still say they will be the bank and stick you with the car and the financing.
I'd say about 10...
There are many local places to take your car to trade it in. Carmax is a well known car dealership that takes trade ins. You can also check your local Jeep dealership to see what they have to offer.
Usually the dealership can help you obtain financing. It depends on the price of the car, your credit score, how much money you make, how many years you were at your current job, etc.
The first place to start with car loans is at a local dealership. They usually have all the information regarding financing thru their company. Check with local banks for outside financing.
Just as long as it takes to find financing for you. The salesman will start with those financing agencies he knows and continue to call one after another, the first one to say yes, is when the clock stops. I would expect no mlore than a couple of hours to 1/2 a day.
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.
The answer depends on who loaned you the money to buy the car. The answer is yes if the dealer does his own financing. I think most dealers arrange financing with a bank or loan company. If that is the case, you make you payments to them.