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| Dealer Experiences If you want to brag or complain about the deal or the service you got, this is the place. |
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08-18-2006, 05:16 PM
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#1 | |
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AF Newbie
Join Date: Aug 2006
Location: corona, California
Posts: 2
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Not happy
 i just bought a 300zx 2 seater, but now i need i bigger car the dealer wont take it back. they say that the bank owns the car now. i called the bank and they said that if they pick up my car, my credit will have A REPO and that they will sell it in an auction and that whatever the remaining balance is i will have to pay it and if i dont pay it they will hold the title on my house which i am currently selling. I tried to trade it in but the dealers wont take it because i have not even made the 1st payment. WHAT CAN I DO? CAN I JUST HAVE THE BANK PICK IT UP? DONT I HAVE 30 DAYS? |
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08-27-2006, 01:38 AM
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#2 | |
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AF Regular
 
Join Date: Feb 2006
Location: Burbank, California
Posts: 177
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Re: Not happy
No you don't.
Why do you expect the dealer to take the car back just because you changed your mind? What are they supposed to do with it? It is now a used car. You could sell it, but you are going to take a bath on it. Sorry to sound so strong, but get real -- you bought the car! The bank is in the business of loaning money, not dealing cars. They loaned you money, you agreed to pay it back. The car is just collateral. If you turn the car over to them, then they are going to have to dispose of it. You will still owe the difference between what they get for it and what you owe.
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1995 Buick Roadmaster Sedan 1989 Cadillac Sedan De Ville 1964 Chevrovet Malibu SS |
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