QUESTION
purchased a new car but now they want it back.
Asked on May 30th, 2013 on Contracts - Florida
More details to this question:
My niece just traded in her car for a new mazda. a week later they call her and tell her they need more cash or another cosigner. so now she has to give the car back. is that legal?
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
Partner at
Tischhauser Law Group
2 Awards
Can be...depends on the terms of the purchase. Many places use what is called a "bailment" agreement as part of a sale, so you can drive off that night..BUT...the sale is conditioned upon final approval by the lender. In contrast this is often used as part if a bait and switch scheme at shady dealerships who claim the trade in vehicle was sold (it wasnt) and that buyer needs to agree to worse terms than orginally agreed to. If they return trade in and will refund all $$, it may just be easier find another vehicle. If you want to spend the $$ on lawyers making the deal stick, this maye happen depending on the contract terms. If they wont return the trade in, you have a bigger problem and may need to hire a lawyer. If you have questions, we provide free in office consults Just call 1-800-922-6442.
Answered on Jun 03rd, 2013 at 4:48 PM
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