0
What can you do if a car dealership approving a car loan only to require a cosigner or return the car?
Wiki User
∙ 12y ago
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.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Can I Return a new auto with in three days if i finance a loan for the auto?
No, The only way a vehicle can be returned to the dealership if it is explictitly written on the "we owe" paper, and signed by you and the finance manager. There is no 72 hour right of return clause on automobiles where I live. It is definitely a buyer beware market.
Can a co signer claim a car loan on taxes?
probably not; consult a CPA Car loans (rather, the interest paid) haven't been a taxable deduction for many years. Primary signer, cosigner ... doesn't matter ... no deduction allowed on the federal return.
The belief that investors require a higher return to entice them into holding long-term securities is the viewpoint of the?
Market credit crunch theory
Can you return a car bought on a personal loan when you were told it was on finance?
Have the car voluntarily repossessed. Using this option means that you voluntarily return the car to the finance loan company if you are too far behind on your payments and can't recover. If you decide to return the car, the finance company may pick up the vehicle or it may require that you return the car to its location.
The CAPM implies that investors require a higher return to hold highly volatile securities?
The CAPM relates the expected return on a security to that of the overall market portfolio. A highly volatile security will have a high covariance with the market portfolio. Since beta equals the covariance of the security with the market portfolio divided by the variance of the market portfolio, the result is a high value of beta. When this high value of beta is plugged into the CAPM formula, all else not changed, the required return on the security (ra) is going to increase, implying investors require a higher return to hold a highly volatile security. t
Dealership did not sign a bill of sale?
Return to the dealership immediately and have the situation corrected.
Can I return a used car to the dealership if it wasn't what I thought?
Can I return a use car
What could happen to a cosigner if the income taxes were not done on a property?
Property does not have an income tax return.
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?"
Can you return a car to the dealership within three days if it has been financed but there was fraudulent behavior on the part of the dealership?
you can not return a car with in any amount of time unless the sale was made away from the dealership i.e. at your house if there was fraudulent behavior you might point that out to the dealership thay may be willing to take it back in lue of a legal battle
Can you return your recalled new 2010 Toyota Tundra to dealership?
You can return it to have it repaired under the recall at no cost to you for the recall.
Can you return a car to the dealer if they lied to you about being a cosigner and you are the co-owner?
No. You should have paid more attention to what you were signing.
If cosigner filed bankruptcy can bank force you to pay off vehicle or return it even if payment history is good?
No
Can you return a new motorcycle you bought 2 days ago?
it depends on the dealership.
How do you voluntarily return a vehicle to the dealership?
You must leave it ON the dealers property somehow.
Can you return a new motorcycle if it has not been registered yet?
How is it not registered? The dealership will typically handle that along with title if it's a street bike. If it's an off road bike the they will give you a MCO or MSO and most states will not require a title or registration. Long answer for me to say contact the dealership but they have no legal reason to take the bike back.
Can I return my vehicle when I get deployed in the military?
You could sell it, but I don't believe you can return your vehicle to the dealership for a refund just because you are deploying.
