what happens if they cant find a lender at what i signed for?i have the van already.what if they sold the trade in already?can they take the van back?
2006-08-17 17:29:19 · 3 answers · asked by jimtheglassmaster 2 in Cars & Transportation ➔ Buying & Selling
finance papers are already signed!
2006-08-17 17:40:53 · update #1
they were signed under HSBC for 8.2% can they renege on it??????
2006-08-17 17:42:00 · update #2
The van belongs to the dealer until it's financed. They have your car, It won't be sold until your approved.
Dealer's gamble, not yours.
2006-08-17 17:36:24 · answer #1 · answered by ed 7 · 0⤊ 0⤋
Do you know that the van was sold? It usually takes quite a while before they sell trade-ins. They will have it checked by their mechanic and have it detailed, etc. But if your loan falls through, they will want their car back. That's why I won't take a car until the loan papers are SIGNED... and I wouldn't leave my trade-in either. Hope you don't end up learning a difficult lesson.
2006-08-18 00:36:51 · answer #2 · answered by Treesy 3 · 0⤊ 0⤋
just curious...what kind of van?
2006-08-18 00:34:20 · answer #3 · answered by Anonymous · 0⤊ 0⤋