We went to the dealership late in the day and by the time we came to a decision the finance guys had gone home. They kept our trade-in, we took the truck (used) home with instructions to come back tomorrow to complete paperwork. Upon getting home and doing some more research on the vehicle, we saw that the rock-bottom price they offered us wasn't a great deal after all. We plan to return it first thing tomorrow morning and tell them we've changed our minds. We have ever right to do this since we've not signed any contracts or given them any money, right? We live in California, will have driven it a total of 20 miles by tomorrow.
2007-02-17 00:08:06 · 5 answers · asked by songbird 2 in Cars & Transportation ➔ Buying & Selling
If you didn't sign a finance contract, and didn't give them a down payment, there should be no problem in returning the vehicle. You basically just took it for an overnight test drive, and are no way obligated to purchase the vehicle. Even if you left a down payment, it should be refundable. Even if they kept your trade, if the deal does not go through then they have to return it to you. Did you sign the title over to them? They can't sell the vehicle without the title.
The only problem that I can come up with is if you signed a "buyers order" If you signed one, read through it thoroughly and make sure that does not obligate you to purchase the vehicle. In most cases, it does not obligate you to purchase. But I am not familiar with California laws.
2007-02-17 01:01:51 · answer #1 · answered by just me 6 · 0⤊ 0⤋
If contracts have not been signed, then yo can return it and get your trade in back.
The dealer can not legally sell your trade until your transaction is complete, for they do not own the vehicle yet, and they can not hold you to anything since they had you take the truck home without signing the binding paperwork.
They may complain and try to tell you that they can't take it back; if they do, call the police, and you'll be leaving with your car.
2007-02-17 09:53:16 · answer #2 · answered by Robert S 3 · 0⤊ 0⤋
Hope they haven't sold YOUR trade-in - then you're screwed. How do I know?! Had it happen to me; I was stuck with the new car (it was a real lemon...)
Good luck - have it @ the dealer FIRST thing this morning - ask for finance director; wait in his office.
2007-02-17 08:47:34 · answer #3 · answered by KennyW 2 · 0⤊ 0⤋
I'd say so. You haven't signed anything yet.
2007-02-17 08:18:12 · answer #4 · answered by Shari 5 · 0⤊ 0⤋
yes you can
2007-02-17 08:16:01 · answer #5 · answered by furmanator1957 4 · 1⤊ 0⤋