Q: I completed a purchase/sales contract in its entirety for a new car the dealership wants it back -unable to secure loan
I recently bought a car and completed the sales contract. With numerous papers signed including bill of sale release of Interest, new plate request etc however about 10 days 11 days after I have been driving the vehicle and after touching bases briefly with the Financial firm I was contacted by the dealer saying The financing fell through and they need the car back immediately. After looking to my paperwork and worrying that maybe I had a loan Since I have not heard this from the bank. Whats concerning and I asked to dealership for some time to consult with the lawyer any thoughts or suggestions
A: This is not a legal question. If you are unable to get financing than you have to take the car back. Period. If you keep it and refuse to do what they say, you will soon have a real legal question or three.
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