I got a loan through my bank to buy a car. I needed my mom to co sing. My mom went ahead and cosigned and I went and found a car i wanted. Now when I went to get the car my mom couldn't go with me so I went and sign my portion and the sells man followed me home so my mom could sign her part. On the way home i noticed the AC wasnt working well come to find out the car doesnt come with AC. I told him i would never buy a car without AC since im planning to move to Las Vegas and i have a 2 year old son. My mom refused to sign the paperwork and the guy left pretty upset. Now my question is since i needed my moms signatures and she didnt sign is the contract not valid and the sale didnt go through? The dealer called me a couple times because they said i need to go in and sign something that says i dont want the car but it tol them why would i need to do that if the sell never went though because my mom didnt sign. Does that also soung right, signing that type of paperwork??
2007-06-09 09:38:20 · 4 answers · asked by Liz 1 in Cars & Transportation ➔ Buying & Selling
Again, to clarify, there is NO "3 day Right to Rescind" on Auto purchases. I wish people would stop giving poor advice and mislead people.
As far as your situation, if the lender requires 2 signatures, and she didn't sign, you are free and clear. They would have to reprint contracts with your name on them only for them to be legal. This is assuming that all paperwork had both names. The dealership is just trying to keep you in a vehicle that they know will be difficult to sell without AC.
2007-06-12 06:30:02 · answer #1 · answered by The Auto Evaluator™ 7 · 6⤊ 0⤋
OK, in response to the 72 hour law stated above, that is an urban legend. But if your mom didn't sign the contract they don't have a deal and you don't need to sign anything, they just want you to come up there so they can pressure you into signing the contract. Be more careful next time. also contact your insurance company and make sure they know you didn't buy the car, and its not to be added to your policy. This can also stop a contract from going through.
10 yrs auto biz
2007-06-09 10:36:25 · answer #2 · answered by misty m 4 · 1⤊ 0⤋
Contact the State Prosecutor, you have a certain amount of time to change your mind on a contract and not be held liable. I think it called a "Cooling off period". Gives a person time to really know if they wanted something or were pressed into the sale buy the salesperson.
2007-06-09 09:48:26 · answer #3 · answered by Snaglefritz 7 · 0⤊ 4⤋
ANY contract I meen ANY contract is under the 72 hr. law that is you always have 72 hrs. to chang your mind!!!!
2007-06-09 09:46:29 · answer #4 · answered by scamno1 1 · 0⤊ 5⤋