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You have to look at the papers that you sign with the car dealer. Typically they make you sign an agreement to bring the car back in the event that they can not get you financed. If they did not have you sign something, then they will probably hold the note themselves and then you have to pay the car dealer. But the short answer is yes, you can not keep the car if you can not pay for it.

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โˆ™ 2008-09-18 04:46:08
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Q: If you sign a finance agreement and now the bank wont finance you do you have to give the car back?
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Related questions

Can you return a certified used car if the finances have not gone through yet?

when writing up a sales agreement, you can include a statement like, "pending finance." only if a bank then deny's you financing... then you can give the car back

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find out another dealer who can finance your car.

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IF the bank/dealer cannot obtain financing, THEY have to rectify the situation back as before the deal fell thru. Call a local attorney for state specific advice.

Is there a form giving permission for a repossession of a vehicle?

Well, yes, there is. It is called the loan or finance agreement you signed when you got the loan for the vehicle. When you sign that, you give permission for the bank to repo the vehicle if you don't make the payments. Unless you are talking about a "Voluntary Surrender", if that is what you are talking about, just call your bank and they should have one.

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You give your car back to the bank after filing bankruptcy, the bank will ask your attorney for the vehicle back and give you a certain amount of time and the location to return it to. Definitely do not give it back before you file you will need to have it discharged legally from your debts.

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To give a flat which is mortgaged to SBI on rent in mumbai for 11 months under leave and licence agreement do you need NOC from bank Once the agreement is readydo I need to register it immediately?

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I am thinking of buying a car from a seller who still has loan payments. How can i be sure i will get the title from him after i pay the finance company?

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If a person dies can you give car back to bank?

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Will a bank give you 10000 pennies if you give them 100 dollars?

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