QUESTION
Can I get a refund of the downpayment on a vehicle I returned to a used car lot?
Asked on Apr 27th, 2014 on Bankruptcy - Illinois
More details to this question:
I bought a 2003 Jeep liberty from a small dealership. I put 3000 down and paid 250 monthly. After 30 days, the transmission gave out and they towed it and replaced the transmission without telling me. They added another 700 bucks to the bill. After a while more things went wrong with the Jeep so I returned the vehicle.
3 ANSWERS
Arbitration Attorney serving Irvine, CA
at
Law Office of Linda K. Frieder
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You may be able to work something out with the dealership. Give it a try.
Answered on Apr 29th, 2014 at 9:26 AM
Appellate Attorney serving Grosse Pointe Farms, MI
at
Musilli Brennan Associates, PLLC
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It is extremely doubtful that you will be able to get a return of the down payment will or cancel the sale transaction. What generally happens in situations such as yours is the dealer resells the car and seeks to collect from you whatever the shortfall as between what you owed, and what the car was sold for. Generally, if you purchase a car as is the repairs are on you.
Answered on Apr 29th, 2014 at 9:23 AM
Debt Collection Attorney serving Chicago, IL
Partner at
Edelman, Combs, Latturner & Goodwin, LLC
2 Awards
You are probably entitled to some compensation.
Answered on Apr 29th, 2014 at 9:01 AM