Q: Can we walk away from a vehicle deal with our down payment?
We put $7000 down payment at a dealership on a truck that was coming from the manufacturer. We were told it would be in “any day”. It’s been nearly 4 weeks. No truck.
Everyday the dealer says it should be here “any day”.
We just want to walk away. We want our down payment back and to void the contract.
The bank loan has not went through. We had to go back to the dealer last week to sign additional paperwork for processing the loan. The dealer states the bank wanted it submitted “this way not that”. (Whatever)
Can we walk away from this deal with our down payment?
A: It depends on what your contract says. A lawyer may be able to look over the contract for you and determine how/when you can get out of it.
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