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If you signed contract on car but did not pay can you get out of contract?
Wiki User
∙ 14y ago
Having worked for many years as the director of the finance department in an auto dealership, I can tell you with certainty that signing must accompany "delivery". That is, if you both signed AND drove off the lot -- OR -- signed AND had it delivered to your home, then you own it -- you might as well start paying the bill. If all you did was sign but never took delivery, then the dealer cannot legally force you to take the contract or vehicle. If the dealer attempts to "get funded" for the contract (get the money from the bank who is financing your vehicle), then all you have to do is simply call the bank and tell them you never took delivery of the vehicle -- they will pull the funding immediately. Furthermore, if the dealer is requiring you to sign another contract, this is illegal. You can re-sign if you want, but the first contract is legally binding (assuming you also took delivery).
Wiki User
∙ 14y ago
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Can a car dealership refuse to pay off trade when it is in the contract?
A contract is a legally binding agreement between the parties who have signed it, unless written into the contract otherwise, all parties are bound by the terms of the agreement/contract they signed.
How does a buy here pay her car dealership finance their cars?
Depends on the car dealership in itself and where the lady signed the contract from
Do you still have to pay sales tax on a car even if the salesperson forgot to add it in the signed contract?
yes, but you have to hurry up and give that person that you sold the car to the contract.
If you pay cash for a car and both parties sign the contract can the car dealer take the car?
The car dealer cannot take the car if it is paid for according to the contract. The dealer cannot change their mind and take back the car after the contract is signed and money has been exchanged.
Can they make you pay the difference between what the car brings and the amount you owed if your car is repossessed and auctioned in Arkansas?
YES, read the contract you signed.
If you sign a bill on sale but did not pay anything is the contract binding?
If you signed a contract to buy the car, it is legally binding. That fact that you have not parted with any money is a mute point. You signed the contract, and that is all that matters. Ask the seller if they will release you from the contract and be very nice about it.
Can you get out of contract of a new vehicle when the contract you signed is not the car?
If the car that the dealer delivers is not the car that is identified in the contract, then the DEALER is in default, not you.
Can a buy here pay here car be repossessed?
Even though it is a buy here pay here dealer it is in the contract you signed. You dont pay they will take your car and you WILL have to pay the late payments on top of the repo cost before you get your car returned.
What should i do if a friend bought a car from me and a contract was signed he used it for six months then returned the car and didn't pay me for the last two months?
Well, yell at him and make him pay you OR sue him
If your car was just repossessed in Utah do you have to pay the balance in full or outstanding charges only if it was a buy here pay here lot?
READ the contract you signed. It determines what you pay.
Is it possible to back out from a car contract once you signed it but didn't take the car off the dealer parking lot in California?
Not likely if you signed the contract.
Is there a 3 day coolig period for reducing the size of a car loan on a signed contract?
No, the contract you signed is binding.
