amelectric1028
New Member
i got a car on a sunday, and was asked to come back the following friday and put 500$ down. that friday i went there with 400 and the guy said that all the banks want a min 1,000 down by tuesday. So on tuesday i went back there with the remainding 600$ and the guy said well good news you were approved for the loan! and that made me confused because they said that i was approved on the sunday when i took the car.... SO, the wednsday after i gave them a full of 1000, i got a certified letter that was mailed out 2 days after they took my 400- that i did not recieve until after i paid the 600... they did not even mention that they had sent the letter out to me. so on top of that today has been 15 days that we have not signed up a new contract (including my 1000 down) and they are saying that they might need to trade me out cars because they are loosing 4500 on the deal- and the tue i took the 600 there it was an initial loss to the dealership at 7000. my question is that what the hell is going on and why is it my fault that they are loosing 4500 and if they can legally take my car back 15 days later considering they gave me the letter (but also took my money after)...? i feel like im getting screwed... they also said that if we dont sign a new contract including my money down before my trade in bill is due that i might have to pay the car payment for the car that i traded in... I already signed a release of liability..
