Q: If I trade in my car to a dealership and get a new car, then after a few days i’m told they gave me the wrong numbers
and that i owe an additional $20,000 on the car i downgraded to. does their mistake fall onto me? if i don’t go back in, will i be held legally responsible for the missing $20k on my loan pay off that they over looked?
A: This issue will completely depend on the terms and figures on the written agreements and/or contracts that you and the dealership executed. You would be well advised to consult with a contracts attorney before signing any additional documents with the dealership or making any other agreements on the issue.
Bruce Alexander Minnick agrees with this answer
A: It depends on many factors. One of them is whether the mistake is an honest one and another one is whether you suffer any loss if you return the extra $20,000.. You should let an attorney review the agreement.
Bruce Alexander Minnick agrees with this answer
A:
Childhood games like "finders keeper, losers weepers" are not recognized under Florida.
If you have benefited from an honest mistake by the dealer and are $20,000 richer for it, you will either have to return the new car and start over or agree to pay the entire amount that you agreed to pay.
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