2007-08-16 17:35:06 · 6 answers · asked by Anonymous in Cars & Transportation ➔ Insurance & Registration
Well under the law you have 3 days to return it, and if that has pased you are going to be keeping or selling that car. I would keep applying to different companies though. Is there some reason you don't want the dealer financing?
Or you could get good auto insurance then total the car. But you'd run the risk of killing yourself. . .
2007-08-16 17:44:49 · answer #1 · answered by smittnwithkittns 2 · 0⤊ 0⤋
Send them a letter, certified, return receipt, advising them that the car is at XYZ location, and they need to come and get it, as the financing was rejected.
This could be a ploy on their part, to get you to agree to a 40% interest rate or something insane like that. But your SALES contract should clearly state what happens, if the financing falls through. Normally, it reverts to a rental, which means they can charge you $100 a day for the time you've had the car.
2007-08-17 10:09:16 · answer #2 · answered by Anonymous 7 · 0⤊ 0⤋
NO! There is no 3-day law to return a car! The 3-day right of rescission ONLY applies to in-home sales, like vacuum cleaners or home improvements. Vehicle sales contracts are final. I don't understand how the car company would sell you a car or even let you drive it off the lot without having approved financing. It happens, but they make you return the car if they can't obtain financing. You have to pay somebody for the vehicle or you're stealing it.
2007-08-17 01:10:38 · answer #3 · answered by Scott H 7 · 0⤊ 0⤋
How is it that you got to take the car without having the financing already arranged? Sounds like you are dealing with some crooks. Call your States Atty General and talk to them. That sounds like fraud to me. It could be that the State would like to speak with them too about unethical business practices. Good luck. Don't let this thing drag out. They are trying to force you to take a car you can't afford. Go back to the dealer and talk to the owner and get it striaghtened out. Call your local news people. If they something like a trouble shooter, get them on it. The bad publicity will kill them.
Don't go peaceful into the night. Go kicking and screaming.
2007-08-17 00:46:22 · answer #4 · answered by Fordman 7 · 1⤊ 0⤋
You know that is always odd how things like that will work. Watch out for being financed though a high interest loan company.
I think you should talk to the manager one more time and get it figured out with him.
Until then "Drive it like you stole it"
2007-08-17 01:05:29 · answer #5 · answered by Jensen_Alive 1 · 0⤊ 0⤋
I WILL NEED THE COMPLETE STORY BEFORE I CAN ANSWER THIS QUESTION BUT,
THERE IS NO WAY THAT ANY CAR COMPANY WILL LET YOU TAKE A VEHICLE OFF THEIR LOT WITHOUT THE PAPERWORK THAT STATES FIRST YOU HAVE INSURANCE AND SECOND THAT YOU HAVE COMPLETE FINANCING.
2007-08-20 11:38:37 · answer #6 · answered by Anonymous · 0⤊ 0⤋