Q: What does it mean when a car dealership defers the balance of $2,000 from a cash sale of $30,000 what are your right sto
My friend went into car dealership with $30,000 cash he saw a car with the sticker price of $29,000 when everything was said and done he still had a balance of $2,000 and the dealership decided to defer the payment for him now they're threatening to take the car what are his right what does deferred mean. I feel like he's being taken advantage of because I can't understand why there was a balance in the first place they made a very good Commission
A: Your friend needs to have somebody read the contract to him. Does the contract say the price of the car is $30,000 or is it $32,000?
A: Have yoru friend reach out with ALL writings and notes to a consumer protection attorney immediately AND also have your friend reach out to the CA DMV Investigations unit, to see if your friend can make some sense of this and get some protection. IF it is repossessed, even wrongfully, it is difficult to get back...
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