dealership beach of contract?

[mxrider771]

Hi there, so I bought a truck about three months ago they said the loan was through wells Fargo, the called me a month later saying they needed a couple more documents, I sent them and waited never heard back. Called the dealership numerous times and they kept saying that it's clear and should be good to go. Well I called wells Fargo to see if they have a loan under my name and they had nothing. So I called the dealership to see what was going on they said they were trying a new lender for a lower interest rate. Looking at my contract it says they can do that but have to give me written notice which I haven't received. My temp tags are up this week what can I do about this can I take then back the truck and that's that or am I screwed?

 

[disagreeable]

Who have you been making payments to? Currently the dealer is financing the loan and it appears you are in default.

 

[txls]

It sounds like they let you take the vehicle before they had final approval from a bank and they are having difficulty obtaining approval. They just might let you give the truck back. If you had a trade it becomes more complicated. The fact that your temp tags are up doesn't give you reason to back out of the deal. They will have to get you another temp tag. Not sure what you mean be "am I screwed?"

 

[mxrider771]

I haven't made any payments. That's what I'm worried about. I've been trying to get them to give me a direction to go and they keep telling me they are handling it.

 

[txls]

Instead of calling, go in and sit down with the sales manager. Not your salesperson. Ask for some straight answers and don't leave until you get them.

 

[disagreeable]

If anyone appears in default it is you.