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I was "approved" and now I'm probably having to return the car?

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voidman
Established Contributor

Re: I was "approved" and now I'm probably having to return the car?


@pacattack81 wrote:
let me see if i have this right..so the 1st dealership got you approved through a bank at whatever interest rate they said...had you sign for the loan, car and drive away with it?...the dealership must have been desperate if they let u drive the car away without being 100% sure about getting u financed

 

It is done in many cases and is normal.

Message Edited by voidman on 12-07-2008 08:46 AM
-void
Message 11 of 12
Watchmann
Valued Contributor

Re: I was "approved" and now I'm probably having to return the car?

Read all the fine print.  There is usually a one pager stating that the financing is contingent on getting approved.  Push that paper back to them and tell them you'll drive the car off the lot when everything is approved.  No if's, and's or but's.
Message 12 of 12
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