2006-09-04 13:11:38 · 12 answers · asked by juanitaspn 1 in Cars & Transportation ➔ Safety
There is a thing called lemon law
2006-09-04 13:13:44 · answer #1 · answered by ? 5 · 1⤊ 0⤋
Will need a little more info. If there is a problem with the vehicle it should be fixed by the dealer if there is still a warranty. If you just changed your mind, then no, dealer probably won't take it back, and the bank doesn't want it either. All the bank wants is their money. More info would be helpful.
2006-09-04 20:20:33 · answer #2 · answered by dyilek 3 · 0⤊ 0⤋
unless there is something wrong with the car the dealership does not have to take it back. the finance company won't take a car back either. you will have to go back to the dealership you bought it at and turn it in as a voluntary repossession. you will get no down payment back, it will make things very difficult for buying a car anytime in the near future and it will do some pretty serious damage to your credit score. you would be better off trying to sell it and then paying off your loan.
2006-09-04 20:26:13 · answer #3 · answered by k rob 1 · 0⤊ 0⤋
The answer depends on why you need to return it.
If you've just decided the payments are too high, or you no longer like it, then you are out of luck. You can't return it after 3 days.
As another poster said, if you need to get out of the car for financial reasons, your best option is to sell it.
Clean it up as best you can, and put an ad on craigslist, autotrader, etc. Depending on the year/model of the car, hopefully you won't lose too much from what you paid for it.
2006-09-04 20:21:15 · answer #4 · answered by Dan G 2 · 0⤊ 0⤋
Why DO YOU need to return said vehicle, unresolved problems, or did you have second thoughts, and by the way, the bank you financed it with,, doesn't want it either.
2006-09-04 21:52:15 · answer #5 · answered by john l 5 · 0⤊ 0⤋
If there's something seriously wrong with it, in most states you have to give the dealer a chance to fix it, then if after something like 3 tries they don't, you can return it.
If you just decided you don't like it, or can't or don't want to make the payments, you're out of luck. Yes, you can let it be repossessed, but that will really hurt your credit rating.
2006-09-04 20:17:14 · answer #6 · answered by Judy 7 · 0⤊ 0⤋
you have a major problem
if you bought new the vehicle is worth 20% LESS THAN WHEN YOU bought it.
why would the dealer want it back.
if i were in your shoes i would find someone to take over payments
if used perhaps your down was enough the dealer could make money on the car, have you asked to talk to the genl mgr?
last option is to park it in the drive put the keys in the mail box and get a voluntary repo on your credit
2006-09-04 21:10:26 · answer #7 · answered by elmo o 4 · 0⤊ 0⤋
If it's due to a financial hardship it would be in your best interest to look for someone who can have the vehicle refinanced & take over the payments. Taking it back to the financial institution will severely ruin your credit!!! Ever heard of repo? That's the equivalent, instead of you waiting for them to take the car for non-payment you're handing it over to them.... which is a bad... BAD thing. Look for alternate ways out of this obligation & good luck!
2006-09-04 20:25:04 · answer #8 · answered by UN_POQUITO 3 · 0⤊ 0⤋
if it is seriously defective talk to a lawyer. most state's have "lemon laws" that permit owners of defective vehicles to return them to the dealer. if the car's not defective you are probably out of luck.
2006-09-04 20:14:29 · answer #9 · answered by GMoney 4 · 0⤊ 0⤋
no, the bank won't want the car, you'll have to sell it quick to save your credit rating or let them repo after three months in default
2006-09-04 20:17:38 · answer #10 · answered by Anonymous · 0⤊ 0⤋