Car dealership contract question?

Question

I bought a car with a trade in and a down payment of 2700. One month has gone by and I find out through the supposed lender that they never financed me, even though I was told by the dealership that that the numbers we were working with was based on that loan that I was approved already. I held up to my end of the deal down payments on time and everything. All of a sudden I have to go in a make up a new contract where I would be losing out on what was promised to me. What should I do?

Answer 1

i would take the vehicle back and demand my money back. If this doesn't work I would contact an attorney. You would be surprised  what a phone call or letter from an attorney would do. Keep in mind you did not receive what you was promised in writing so why should you be the one who is out or have to settle for second best and end up costing you more money

Answer 2

Be very wary of the 'new' contract'.

Sale price, down payment, interest rate, loan terms will change and not to your advantage.

This is the time that you can walk away from the deal and the car. You should get back the contract value of your trade or your trade back and your down payment. There is, now, no contract to hold you to.