Discussion on 'I purcahsed a vehicle but a couple days later the dealer ...?'

(2) On September 28, 2007 at 7:41 pm Wcowell2000 [0] said:

In the state of Florida, if the dealer cannot obtain financing, pursuant to the contract you originally signed, i.e. term, rate and payment, you can do one of several things:

A) You can accept new terms they may be offering, but are not required to. At that point you would either:

Attempt to secure financing on your own or return the vehicle.

You cannot simply keep it. At some point that would become vehicle theft.

Note: Ganderton moved this to the answer of "I purcahsed a vehicle but a couple days later the dealer said my loan was not approved Can I just return the vehicle?"

(1) On September 28, 2007 at 7:40 pm Wcowell2000 [0] said:

In the state of Florida, if the dealer cannot obtain financing, pursuant to the contract you originally signed, i.e. term, rate and payment, you can do one of several things:

A) You can accept new terms they may be offering, but are not required to. At that point you would either:

B) You can attempt to secure financing on your own.

C) Return the vehicle.

You cannot simply keep it. At some point that would become vehicle theft.

Sign in to add your own comment. (This only takes a few seconds.)