What recourse do I have when a dealership can’t obtain financing and wants payments made to lower purchase amt
Thursday, July 16th, 2009
Ayanna asked:
My son purchased a used car and the dealer indciated they would obtain financing. They could’t then wanted him to make the payment they quoted to reduce the amount to be financed, saying this would enable them to get the financing. He opted to return the car for the deposit. We sent a letter stating all the terms and facts with the sell and explained that the car would be returned and requested refund of downpayment. An appointment was made to return auto but owner wasn’t there and several calls with no response. What repurcussions are we looking at? Are there any suggestions in resolving this?
Rosa
My son purchased a used car and the dealer indciated they would obtain financing. They could’t then wanted him to make the payment they quoted to reduce the amount to be financed, saying this would enable them to get the financing. He opted to return the car for the deposit. We sent a letter stating all the terms and facts with the sell and explained that the car would be returned and requested refund of downpayment. An appointment was made to return auto but owner wasn’t there and several calls with no response. What repurcussions are we looking at? Are there any suggestions in resolving this?
Rosa
