I recently trade in a vehicle for a truck, the dealership pay off the car, before I could get finance. However, the dealership refuses to give me the car back, they actually went back to the finance company and ask for the money back. It's been two month now, and now the finance company want to hit me with repossession. But the car is still sitting on the dealership lot. The dealership hid and refuses to give me the car. So now, I'm looking at repossession been on my credit. Legally, there is no paper trail, the first documentation was today, since June 2006. Who's in the right, and who's in the wrong?
Help
2006-11-04 08:36:31 · 4 answers · asked by sbsp202 1 in Cars & Transportation ➔ Buying & Selling
let me get this correct. you traded your vehicle...the car dealer paid the loan off...now your financer is saying they didn't pay it off and is coming after you for the car.
If that's the case...then the car lot didn't pay off the loan...you didn't have a contract..I think that's what you are saying.
apparently you didn't get approved for the loan on the truck. So the dealer got their money back. and now is trying to hold you responsible for not only the truck but make you pay for the car as well.
This is what I'd do...if you have the vin # off the car...go to a different dealer and have a key made. Then go to the courthouse and apply for a lost title. get the title and then go take the car and leave the truck.
Sounds like you got into a shady deal there my friend.
2006-11-04 08:45:32 · answer #1 · answered by Kenneth S 5 · 0⤊ 0⤋
no paper trail. I thought you said that the dealer paid it off and then wanted the money back later to reinstate your origional finance deal. that is a paper trail. If the dealer has been given their money back for the payoff and won't give you your truck back, call the police. If they have not recieved their money yet, your finance company still has it. I would have your finance company cotnact your dealer. If this dosen't work contact the Better Business Bureau of legal help. Good Luck. By the way in the previous post they mentioned a lost title. You can't get one because there is a lien on the vehicle.
2006-11-04 16:59:30 · answer #2 · answered by typhon1991 3 · 0⤊ 0⤋
YIKES! Did you sign the title over? If so, then the give the information to the finance company that keeps calling you. They might help because they want their money as much as you want your car back. You might really need a lawyer, though. Ugggh. Or, one thing you might consider doing is calling a tv news station. Sometimes they have people who act as advocates and do a little story during the news. If you didn't sign the title over you can tell them give you back you car, and if they don't you could theoretically call the police and ask for your "stolen" car back. You'd have to prove it was yours. For sure, tell everyone you know how unethical this dealership is. One way to hurt them is to take away possible business.
2006-11-04 16:48:33 · answer #3 · answered by tsopolly 6 · 0⤊ 0⤋
dont know i think your right yeah the cousmter is always right
2006-11-04 16:40:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋