A car dealership does not have a certain length of time to tell you. It is better business practice to do so when they tell you they will, within a reasonable period of time.
it is legal as long as they meet the financing requirements and insurance requirements of the financing. paying cash you bet.
The time it takes for a dealership to approve your financing can vary, but it typically ranges from a few minutes to a couple of hours. Factors influencing this include the dealership's processes, your credit history, and the number of lenders they contact for financing options. If you provide all necessary documentation promptly, the approval process can be expedited.
As long as it takes. You also can walk away and go to another dealer if you are not satisfied with their service. You can also arrange you own financing.
There are a few different financing options when purchasing a vehicle. These can include financing from a bank as well as leasing from the dealership.
Yes, we have a used car dealership that provides financing options for customers without requiring a credit check.
after approved financing and signed contract, have had car 8 days, can a dealership take car back?
The only time the purchaser can cancel auto financing is in the begining of the loan during the "interview" with the finance company. That is one of the reasons the dealership will not tell you who the finance company is before they get "funded" by the bank. If you knew who the finance company was before the dealership gets funded then you can cancel the financing. The other issue you have is the contract signed with the dealership. They can still say they will be the bank and stick you with the car and the financing.
I don't know but you might want to check out the following site: http://www.consumeraffairs.com/automotive/dealers_nv.html
Every person's financing situation with their vehicle is unique. You'll have to call the people that repossessed your car (your bank, the dealership) to find out.
No.
Go to a dealership and go through the financing process. Once you commit to buy, the dealership will guide you through the rest of it.
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.