Saturday, August 8, 2009

Can the car dealer change my contract?

i got a new car january 27th.



traded my piece of crap in.



they told me my deal and i signed the papers drove off with my car, while they kept mine.



a month later(feb 27th) i called in because i knew i had my first payment due soon.



the finance manager said i would be getting a bill in the mail about when my payment would be due.



it never happened.



he called me today and said that i have to either return the car or go in to sign a 3year lease and pay more than i was told. FOR A LEASE!!



can they do this?



ive had my car for over a month.



and theyre telling me this now?



Can the car dealer change my contract?

This is a fairly common situation, especially with someone who has a less than perfect credit rating. What happens is that the dealer tries to get you approved by his finance company but the finance company has a problem with your credit. They either want more money or a higher rate, or they won%26#039;t pay the dealer for his car. If you refuse the changed contract, you must return the car to the dealer because he hasn%26#039;t gotten his money for it. Here%26#039;s an article with more details:



http://www.leaseguide.com/Articles/deale...



.



Can the car dealer change my contract?

You signed a conditional delivery agreement. The old contract means nothing because the financing was not approved at those terms.



You have the choice of going with what they have approved for you or returning the car. Doesn%26#039;t seem fair, but that%26#039;s what you are facing and it%26#039;s all legal.



You should never do a conditional delivery for this very reason. The dealerships to it because they know that if you are driving their car you won%26#039;t be shopping at other car lots.



Good luck

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