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WHy should they refund your money? YOU didnt complete the deal. You tried to buy a car knowing your credit wasnt good enough.

are you kidding me..... that is the worse answer i have read on this board. You should and WILL get your money back, if you dont i would start contacting news stations,and your local paper

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Q: How long does the dealership have to return your down payment if the deal does not go through with the lender?
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Is it possible to be arrested for nonpayment of a car loan?

That depends on the lender and how long you've gone without paying. Usually the process is that you are contacted by the dealership. Then it may be turned over to a collections agency and a lawyer. Then you may be sued for payment. If its a small private dealership and you have the car loan in your name and you're not paying for it, it's theft, after all. I'm pretty sure the dealership can't call and have you arrested but after awhile of contacting you for payment and the court trying to get you to pay, if you don't show up for court they can serve you with papers and/or have you arrested, yes. I appreciate your response, Yinzer. The situation is just an unfortunate series of events. I got the car loan at a small bad credit/no credit dealership (I have a history of unfortunate events.) I was struggling to make the payment, but remained more or less caught up. Then I moved across country with the anticipation of a better job. The better job never happened and in 4 months I have been unable to make the payment. My ultimate intention is to return the car to the dealership and face the music, but right now I am unable financially to make the trip back to the state where I came from. They are unaware of the move and I suppose that is how I have managed to avoid actual reposession until this point. I would contact them to be upfront about the situation, but they are going to want the car back and I have no way to get it back to them at this point. That's the story - thought it might help anyone else who has an answer to this question. Thanks again. You cannot be arrested for nonpayment of a car loan period.It is a civil matter between you and the lender.The police handle criminal matters.If you are stopped by the police they don't know and they don't care its not their problem. Indirectly, yes. Not for non-payment, but if the lender goes to court and gets a court order directing you to return the collateral and you still refuse, you can be jailed for contempt of court. But you must have really PO'd the lender if he will go to that trouble and expense.


If you owe 16K on a car worth 8K and don't have the money to pay the balance to the lender what should you do?

If it hasn't been repoed yet, try to sell it yourself. You should get MORE than the lender will if they sell it. You will HAVE to do this with the lenders agreement. By all means, stay in contact with the lender and BE HONEST with YOURSELF and the lender. You are in a credit mess that will be hard to get out of. Is this a short term problem or a long term problem. Are you behind on 1 payment or 2 because you lost your job (long term) or you had unexpected expenses(short term).In the case that this is a long term problem you should try to sell the vehicle or trade down. Remember you may still have a balance to pay after you sell the vehicle. Should this be short term problem ie: laid off with return date,unexpected expenses (medical bills repair bills etc)you should contact you lender and see about an extention or deferment depending on the lender. An extention is where you would move the November payment to the end of your loan and your term will be extended by one payment. A deferment will move your November payment to the end of the loan and add it to your last payment. You will end up making a double payment at the end of the loan. these are 2 examples from 2 different lenders. Ford Motor Credit does extensions and Arcadia TranSouth Citigroup does deferments. Check with your lender they maybe able to help you.


What can you do if a car dealership approving a car loan only to require a cosigner or return the car?

There is not much you can do. You could try to get a loan through a credit union or loan company, but the dealership can do this if your loan requirements were not met when you bought the car. Since you need a cosigner my guess is your credit is not good or you don't have enough. Your options are get a independent loan, get a cosigner, or return the car. *********************************************************** There's not much you can do except pay it off. If the lender does not feel comfortable that you, the borrower, can service the debt; then he is within his rights to require a co-signer for the loan. If you default, then it falls upon the co-signer to pay the debt off. Co-signers are notorious for getting burnt on deals like this.


What is a dishourned check?

A cheque that wasn't accepted for payment. The person who deposited it did not get cash in return


What is the return code 1114 on National Westminster statement?

This code is seen when a payment has bounced.

Related questions

If you return a car to the dealership which financed it will it still be considered a repossession even if you have to pay off the balance?

YES, unless the LENDER decides not to report a repo to the CA.


Can a lender take your tax return until the debt is settled after you voluntarily surrender your car and you make payment arrangements with the them?

NOT unless they get a judgementand attach your returns.


Return a finance car to the lender?

My car was crashed and I lost my job. How do I return the finance car to the lender?


Dealership did not sign a bill of sale?

Return to the dealership immediately and have the situation corrected.


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.


Can you return a car if the dealership gave it to you to drive and two months later the bank still has not gotten the paperwork?

If you did not sign any loan or payment paperwork, you can return it and they can't post anything on your credit. They have to have that signature. If they do post it on your credit, you can dispute it for free and have it removed.


What does payment by return mean?

payable by return


If you have not paid the full down payment can you take the car back without it being considered a repossession?

Rachelle, try to make a deal with the lender to return the car without the repo. At least ASK them to do it. It is their choice.


Can I return a used car to the dealership if it wasn't what I thought?

Can I return a use car


Is it possible to be arrested for nonpayment of a car loan?

That depends on the lender and how long you've gone without paying. Usually the process is that you are contacted by the dealership. Then it may be turned over to a collections agency and a lawyer. Then you may be sued for payment. If its a small private dealership and you have the car loan in your name and you're not paying for it, it's theft, after all. I'm pretty sure the dealership can't call and have you arrested but after awhile of contacting you for payment and the court trying to get you to pay, if you don't show up for court they can serve you with papers and/or have you arrested, yes. I appreciate your response, Yinzer. The situation is just an unfortunate series of events. I got the car loan at a small bad credit/no credit dealership (I have a history of unfortunate events.) I was struggling to make the payment, but remained more or less caught up. Then I moved across country with the anticipation of a better job. The better job never happened and in 4 months I have been unable to make the payment. My ultimate intention is to return the car to the dealership and face the music, but right now I am unable financially to make the trip back to the state where I came from. They are unaware of the move and I suppose that is how I have managed to avoid actual reposession until this point. I would contact them to be upfront about the situation, but they are going to want the car back and I have no way to get it back to them at this point. That's the story - thought it might help anyone else who has an answer to this question. Thanks again. You cannot be arrested for nonpayment of a car loan period.It is a civil matter between you and the lender.The police handle criminal matters.If you are stopped by the police they don't know and they don't care its not their problem. Indirectly, yes. Not for non-payment, but if the lender goes to court and gets a court order directing you to return the collateral and you still refuse, you can be jailed for contempt of court. But you must have really PO'd the lender if he will go to that trouble and expense.


Can you return a car you bu from a dealer?

Once a vehicle is "delivered", it's your vehicle unless either the dealership grants you a return, or the financing falls through. A complete delivery is going to the dealership, signing all the necessary paperwork, then driving the vehicle off the dealership's property. It is important to know what contracts you are signing and how it will effect your payment. Never sign until you know all the figures and have a "We Owe" signed by the General Manager for any open or 'promised' items. There is no "3 day Right-to-Rescind" for vehicle purchases anywhere in the USA.Exceptions: California dealerships must offer the customer an option to purchase a "3-day return policy". If the customers signs the waiver instead, then they do not get the ability to return the car. In addition, Carmax does offer a 5-day return policy, however that is not a law, it's a promotion they offer to their customers.


If you purchase a used vehicle in Nevada and then no longer want the vehicle can you return it to the dealership and rescind the contract?

"If you purchase a used vehicle in Nevada and then no longer want the vehicle can you return it to the dealership and rescind the contract?"