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They cannot keep the car you were attempting to trade.
They can and will take back the car that they were trying to get you financed on.
They would be in possesion of a contract for the sale of a vehicle for a certain amount. If that amount cannot be collected from you in cash or a bank in the form of a loan, then you are in default of payment.
What else can I help you with?
Can a car dealership cash your check that was used for down payment if you were never approved for financing?
A check given to the dealership will be cashed. This is normal in business. Whether they can keep the money or have to return it is based on what your purchase agreement reads. Where I live if the purchase agreement has "Subject to financing" on it the down payment must be returned if the dealer can not get you financing and you can't get outside financing. If it does not have that in it they get to keep the money.
What if a car dealer takes your deposit but then can't get financing?
If the financing was being arranged by the dealer he should return your deposit. However, if you were arranging the financing then it is not his fault and depending on the wording of your contract he may be entitled to keep your deposit.
Should you approve of your 17 year old daughter getting engaged?
Yes, if her and her boyfriend love each other and they are happy, then I see no reason why her parents shouldn't approve. If you don't think they will approve, then don't tell them. Keep it a secret and tell them when your 18.
Can a dealership legally keep your down payment?
In most cases, a dealership can legally keep your down payment if you back out of a purchase agreement. However, the specific rules may vary depending on the circumstances and the terms of the contract you signed. It's important to carefully review the contract and understand the dealership's policies before making a down payment.
Can a dealership keep your deposit if you purchased a car kept it for over a month then was informed by the dealership that the loan was not approved?
They can if it's written somewhere, such as your contract or in a place where a buyer would be reasonably able to see it.
The dealership has not been able to deliver the car to you - can you unwind?
yes, did thay get a depisot if yes thay will keep it
How long is a car dealership required to keep a trade in?
There is no such requirement. They can sell it the next minute after you trade it in if they have a customer.
What action can you take to keep this person from becoming a member of the Supreme Court?
Write your Senators since they approve the appointment.
How do you keep from dreaming?
No, you cannot keep from dreaming. But you can keep from remembering your dream.
Why did John Hancock approve that any vote for Independence have to be unanimous?
So each nation could keep its mother country
Can vets keep their sidearms?
No veterans cannot keep their sidearm
Can you keep a blanket from the airplane"?
No, you cannot keep a blanket from the airplane.
