Comments on: Car Dealer Wants To Talk About Car Loan http://www.buyandsellcarsecrets.com/car-dealer-wants-to-talk-about-car-loan/ How to buy or sell a car and never get ripped off again! Sat, 20 Feb 2010 02:14:54 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Admin http://www.buyandsellcarsecrets.com/car-dealer-wants-to-talk-about-car-loan/comment-page-1/#comment-105 Admin Thu, 01 Jan 1970 00:00:00 +0000 http://www.buyandsellcarsecrets.com/?p=248#comment-105 That car dealer horror story is EXACTLY why I strongly advise you to NOT get a car loan from the car dealer. Instead get one from an outside source like your own bank or credit union. That car dealer horror story is EXACTLY why I strongly advise you to NOT get a car loan from the car dealer. Instead get one from an outside source like your own bank or credit union.

]]> By: The Auto Evaluator™ http://www.buyandsellcarsecrets.com/car-dealer-wants-to-talk-about-car-loan/comment-page-1/#comment-17 The Auto Evaluator™ Thu, 01 Jan 1970 00:00:00 +0000 http://www.buyandsellcarsecrets.com/?p=248#comment-17 Well, if they already have you approved, then if you refuse to sign the new contracts, they can just leave the old ones in place, assuming they are valid. The only way you can back out of this is if your current contracts are void due to a rejected loan by the lender. Since you took delivery, the option to back out is not in your hands anymore. It will take a specific situation for you to be able to return the car. Basically if the dealership wants you to sign new papers and you refuse, then if the original contracts are valid, you can not back out. They can legally hold you to the original contracts as long as they have been approved. Good luck and I hope this helps. Well, if they already have you approved, then if you refuse to sign the new contracts, they can just leave the old ones in place, assuming they are valid. The only way you can back out of this is if your current contracts are void due to a rejected loan by the lender.

Since you took delivery, the option to back out is not in your hands anymore. It will take a specific situation for you to be able to return the car. Basically if the dealership wants you to sign new papers and you refuse, then if the original contracts are valid, you can not back out. They can legally hold you to the original contracts as long as they have been approved. Good luck and I hope this helps.

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