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You signed a contract for a new car and got it financed but never took the car out the lot nor insured the car is the contract still binded?
Wiki User
∙ 15y ago
Depending on the state if you never actually drove the car off the lot the dealership cannot force you to complete the transaction
Wiki User
∙ 15y ago
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You signed a contract for a used car and got it financed but never took the car out the lot nor insured the car is the contract still binded?
If you signed the contract, the car is yours. The dealer can have the car towed at your expense if you don't take it away. it depends on the laws of the state in which the sale took place. a deposit on a car for example is always 100% refundable. no matter what any payment given to the dealer prior to delivery, either to "hold" the car or for the downpayment and the contract wasnt signed all monies are 100% refundable. if the contract was signed and the customer never took the car off the lot then the each state has its own laws about money being refunded. if the customer signed a contract, insured the car and drove the car off the lot then the car is 100% the property of the customer. and unless specifically noted in the sales contract may not be returned. this is know in the car business as a "cooling off period"
If you have financed a boat for someone and have a signed contract with terms Can you repo it yourself in Florida legally if the contract terms are broken?
Generally no unless you reserved that right in the contract the borrower signed. Check the language in the contract that sets forth the remedy in the case of a default. You may need to obtain a court judgment in order to take possession.
Can someone remove themselves from a car loan if you signed with another person as the car is being financed?
If they both signed the contract and were legally able to enter into a loan contract no names will be removed. All signers remain equally responsible for the loan until it is paid off.
Can a car lot take back a car after you signed a contract with them they say the loan was not financed?
Yes. You expect them to let you keep the car without paying for it. Go out and get you own financing.
Is a lease a contract signed?
Yes, a lease is a signed contract
How can you find out if a vehicle you co-signed on is insured?
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Can a house be rented out while financed through your company?
You need to review the documents you signed when you financed your house through your company.
What is a signed agreement?
A contract
What is the minimum amount of auto insurance required by law on a financed vehicle in Ohio?
All states have regulated the minimum required Liability Limits of Auto Insurance within that state. Your lienholders Finance Contract that you signed will determine the amount of your property insurance coverage required to protect their interest in your financed vehicle.
Will A-Rod opt out of his contract?
He opted out of his contract, then he signed the contract.
How do you use in sentence the contract?
The contract is void if it's not signed. We signed the contract and the project begins on Monday. How did the child contract such a rare disease? In cold weather, muscles contract.
Can a dealer take your car back if you signed a contract because later found they could not get you financed?
Yes if you cant pay you obviously don't own the car he was only lending it to you until you were in a position to pay which didn't happen
