Car dealership broke contract

[ZeniaArmen22]

I went to a dealership to trade in my vehicle that I had purchased at the same place. I wanted to basically upgrade to a newer version of what I had all ready. So I traded in my vehicle plus put money down. Contract was done and signed by me and the dealership. A week later one of the sales man there called me insisting that I come back to the dealership. I asked him as to why and he said that I would need to come in and didn't want to discuss anything over the phone. So thinking there was nothing wrong I showed up on a Saturday and he informed me that I would have to return the car. I was shocked. He told me that no bank took me and I had no choice but to return the vehicle unless I put more money down. The day I signed the contract I was informed that I was approved and took in by one of their banks. Also the sales man informed me that the person that closed the deal who did the contract had quit. I was so disgusted and upset. They insisted that we can call it friends, that they would return my old car and my money back. The car I got from them was a present for my husband for our anniversary. The day I had to return the car was our ANNIVERSARY. I cried the whole time and I just couldn't believe it. They gave me my money and my old vehicle back. My old vehicle had damaged to the door because they could not find the keys to the car and were trying to break in without the key. Until one of the sales man finally brought my key. That day was the worse day of my life. I want to know can I sue them for breaking the contract?? One of the sales men that help close the deal told me there was no cooling off period and he was also disgusted what his job did to me. I have traded in my old vehicle for a new car just recently. Can I still sue???

 

[army judge]

I went to a dealership to trade in my vehicle that I had purchased at the same place. I wanted to basically upgrade to a newer version of what I had all ready. So I traded in my vehicle plus put money down. Contract was done and signed by me and the dealership. A week later one of the sales man there called me insisting that I come back to the dealership. I asked him as to why and he said that I would need to come in and didn't want to discuss anything over the phone. So thinking there was nothing wrong I showed up on a Saturday and he informed me that I would have to return the car. I was shocked. He told me that no bank took me and I had no choice but to return the vehicle unless I put more money down. The day I signed the contract I was informed that I was approved and took in by one of their banks. Also the sales man informed me that the person that closed the deal who did the contract had quit. I was so disgusted and upset. They insisted that we can call it friends, that they would return my old car and my money back. The car I got from them was a present for my husband for our anniversary. The day I had to return the car was our ANNIVERSARY. I cried the whole time and I just couldn't believe it. They gave me my money and my old vehicle back. My old vehicle had damaged to the door because they could not find the keys to the car and were trying to break in without the key. Until one of the sales man finally brought my key. That day was the worse day of my life. I want to know can I sue them for breaking the contract?? One of the sales men that help close the deal told me there was no cooling off period and he was also disgusted what his job did to me. I have traded in my old vehicle for a new car just recently. Can I still sue???

I suggest you READ ALL of your purchase documents.
Somewhere in all of those tiny, little words you'll find a discussion of what happens if they can't secure a lender.
Its always return the car.
But, in your case, you could have kept the car if you had made a BIGGER down payment.
Sure, you can sue, but you won't prevail.
You have no damages, and you have not been the victim of a breached contract or the recipient of any tortious conduct by the car dealer.

 

[mightymoose]

The contract most likely says they can do exactly what they just did. This is common and is a good reason why you should obtain your own financing.
If anything, you may be able to get them to pay for repairs for any damage they caused to your old car.