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What liabilities do you have if a dealer pays off your trade but after 30 days the financing numbers have to be re-worked and are not acceptable?

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Wiki User
2004-12-04 11:31:58
2004-12-04 11:31:58

it is the dealerships responsibility to pay off in full the amount owed on the trade in. If the finance numbers are wrong from the dealerships paperworks then it is their loss and they must pay off the trade to sell the car to another buyer. After you sign the agreement to trade, your liability is over on the old car.

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