Car dealer wants to renegotiate contract or undo contract after 10 day

[cynthiav28]

My husband and I purchased a car 13 days ago. We were approved by the dealership and took the car home that day. I called the dealership today to get information on the financing company. The guy from the dealership told me that he could not get us approved with 0 down and asked if we could put money down. I told him that it was not an option for us. He then said that we would have to "undo" the contract. Is this legal? It has been past the 10 day rule and we have yet to receive any formal notice of cancellation. We would like to keep the car at the terms we agreed to in the contract if possible?

 

[army judge]

No approved financing, you return the car.
Happens all the time.

 

[Betty3]

Never depend on the vehicle being yours to keep until final financing approved.