Car Payments On a used car?

Question

Okay I bought a car about 2 weeks ago and the dealer hasnt got an approval from the bank on if my loan has been approved because he is waiting to talk to my boss and get more ppaystubs I have been driveing the car for two weeks shouldnt he have already done that by now? My payment is due in about a week and a half according to my contract but I have not gotten anything in the mail like a bill or even an address to send it to. According to my dealer he said that my payment is going to be pushed back because of this insident is this true thanks

Answer 1

You need to be a bit more proactive like talking to your boss and asking if the dealer called him.  How about taking your pay stub to the dealer?  As the other poster suggested, you are at the mercy of the dealer.  Approval should not take this long.  Go to the dealer tomorrow and get this resolved.

Answer 2

A dealer would not drag his feet about getting any info that he needs for financing. Take the vehicle back or you may get charged for rental. Get your down payment back. There is something wrong with this deal.

Answer 3

Give the car back ASAP. the dealer is  stalling and trying to push your payments up higher.

This is a scam that the dealers use all the time. Report them to the BBB!