Contracts signed and new vehicle is in my possesion now the dealership says they made an error on pricing or financing do you have to make good on their error?In: Car Buying |
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Answer
There is a 72 Hour cooling period. You can return vehicle for any reason during that time with full reinbursement and no obligation.
However, The dealer has the same right as you.
The only way that a vehicle can be forced to be given back , is if the bank that aproved your loan , can not finance you. Usualy they give a simple aproval and let you drive the car out the lot, but upon them reviewing your credit thoroughly, if there is something they find that they do not like, then they have the right to refuse credit.. Therfore, unless you find another bank promptly, the car needs to be returned.
But remember that this is the bank. THe dealer itself only has 72 Hrs to change their minds or find their mistakes.
First answer by ID212060426. Last edit by ID212060426. Question popularity: 17 [recommend question]
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