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Author
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Topic: USED CAR PROBLEMS
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0089GT
FREE
PALESTINE
Member # 9996
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posted
 
 
my buddy bought a car off a used Hyundai lot a 2000 something crown vic (former cop car) and he put 800 down and finaced it....gets call from dealership today saying they need to talk to him AND TO BRING THE CAR...turns out the bank declined the loan and the dealership needs the car back...is my friend covered for his 800?? what rights does he have in this position? thanks
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FREE PALESTINE
Posts: 1151 | From: ssf | Registered: May 2010
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0089GT
FREE
PALESTINE
Member # 9996
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posted
quote:
Originally posted by 135.0:
They're trying to roll the deal for more money. He can take it back but they're gonna ask for more down. Take your 800 down payment elsewhere
does he have to take the car back or can he keep it?
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FREE PALESTINE
Posts: 1151 | From: ssf | Registered: May 2010
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i
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Member # 12534
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posted
Either way they want their car back
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86 Caged Coupe 5.0
91 Salvaged Coupe
Posts: 1901 | From: Sacramento | Registered: Nov 2012
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Wildfire532FB
CAFords OG
Member # 1482
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posted
If he doesn't take it back, the dealership will most likely report the car stolen and your buddy will go to jail cause his loan didn't go through and he doesn't own the car.
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68 Fastback
84 CJ7
94 HMMWV
95 GT
03 F350
17 Fusion Hybrid
Posts: 17580 | From: 530 | Registered: Jun 2002
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0089GT
FREE
PALESTINE
Member # 9996
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posted
OKAY LOL what about the 800 can he get that back?
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FREE PALESTINE
Posts: 1151 | From: ssf | Registered: May 2010
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i
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Member # 12534
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posted
quote:
Originally posted by 0089GT:
OKAY LOL what about the 800 can he get that back?
Bank declined the loan
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86 Caged Coupe 5.0
91 Salvaged Coupe
Posts: 1901 | From: Sacramento | Registered: Nov 2012
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Wildfire532FB
CAFords OG
Member # 1482
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posted
quote:
Originally posted by 0089GT:
OKAY LOL what about the 800 can he get that back?
He should, if not have him call the cops and have them file a report that he was robbed.
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68 Fastback
84 CJ7
94 HMMWV
95 GT
03 F350
17 Fusion Hybrid
Posts: 17580 | From: 530 | Registered: Jun 2002
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69stang
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Member # 5609
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posted
He will get his $800 back and yes he has to give the car back because on the contract he signed there is a spot that gives the seller right to cancel if the loan does not go through
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1968 firebird- sold
1992 mustang gt - sold
1969 mustang coupe- current project
Posts: 809 | From: 707 | Registered: Apr 2005
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adower
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Member # 5955
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posted
Don't let him get suckered into buying something else cause tbe loan fell through.
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98 Cobra
Griggs
S Trim
HRE
Posts: 3327 | Registered: Aug 2005
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swedensky
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Member # 12185
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posted
Should've sent him to me ![[patriot]](graemlins/patriot.gif)
![[Big Grin]](biggrin.gif)
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I work at Ford!! > Best deals on ALL cars!
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Posts: 1100 | From: Sac, CA | Registered: Jul 2012
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Beastly GT500 TVS
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Member # 9723
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posted
quote:
Originally posted by swedensky:
Should've sent him to me
Exactly. He still can come see you
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Posts: 893 | From: 707 | Registered: Jan 2010
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0089GT
FREE
PALESTINE
Member # 9996
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posted
quote:
Originally posted by swedensky:
Should've sent him to me
I will man I have your number. He doesn't have credit history and wants some wheels something basic.
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FREE PALESTINE
Posts: 1151 | From: ssf | Registered: May 2010
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NEIGHT
¯
Member # 8741
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posted
quote:
Originally posted by swedensky:
Should've sent him to me
Any '11/'12 5.0 M6 in white for sale?
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-Savage Habits-
1992 Summer Edition
1986 Hatch- catfish killer
1964 Impala hard top
Posts: 18548 | From: EA$T $IDE REDWOOD CITY | Registered: Nov 2008
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fredfifty
Since
9/2010
Member # 10320
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posted
saw that crown vic on that hyundai lot..all black right? looked pretty clean too
Posts: 4953 | Registered: Sep 2010
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DIRTY SALLY
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Member # 7845
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posted
boohoo ![[dance]](graemlins/dance.gif)
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Savage Habits
instagram @2cheezen
Posts: 9145 | Registered: Aug 2007
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SantaClara_Cobra
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Member # 9488
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posted
Have him get a rush card ASAP
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18 Denali diesel
91 🦊
Posts: 1399 | From: San Jose | Registered: Sep 2009
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v-town coupe
fordologist
Member # 2771
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posted
Take it back and gt your $800.00. this seems to be a common practice among car lots nowadays.
Posts: 4597 | From: the V-town | Registered: May 2003
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89point.
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Member # 6078
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posted
Fuck it if its just the dealer bein dicks to get a different deal, go swing the shit outta that car and then take it back after u had some fun with it first..
Posts: 2727 | From: martinez | Registered: Oct 2005
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50Reasons
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Member # 6452
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posted
Sounds like the dealership did what they could to try to get your friend financed, but your friends income and credit probably is not very good.. Trust me the dealership and sales guy did not want to have to call your friend back to give up the car.. For them it was a no sale and that means no money for them from your bud.
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50Reasons Car Club President
Daniel/50Reasons
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Posts: 9483 | From: Sacramento Ca | Registered: Jan 2006
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Gnari-Garage
CAFords OG
Member # 3164
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posted
He will get his money back 100 percent regardless of what he put down. this is a gray LINE and he can fight it, but its easier to return the car.
He signed documents saying he bought the car, dealer can't repo or report it stolen! Actually he can tell the dealer screw you, I'm keeping the car, since the dealer had him sign all the legal document... they do this so you can't go else where and buy a car, they lock you in, but on the other hand, you can keep the car.
If he keeps the car, I'm sure the dealer will try to go after him in court.... "GRAY LINE".
All dealers do this, and if the loan doesn't go through people bring it back. I have worked for many years for used car dealers. If your friend really loved the car and doesn't want to give it up, he can contact the DMV investigators office, this is where you complain about dealers.
He can tell the dealer that I'm contacting the DMV investigator to ask for the law.
Dealers SHIT them selves when you say the work DMV investigator...
•"For information, directions, or to schedule an appointment to discuss criminal complaints; complaints against car dealers; victims of identity theft; or other consumer protection issues involving the purchase of a vehicle or identity theft, please call (916) 229-0167 or (916) 229-0168."
Best of luck to you!
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2017 McLaren 570GT
2019 Audi S5
2017 Tundra 7" Lift, 37" Tires
Posts: 4017 | From: 916-sacramento | Registered: Aug 2003
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SantaClara_Cobra
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Member # 9488
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posted
quote:
Originally posted by NavidR:
He will get his money back 100 percent regardless of what he put down. this is a gray LINE and he can fight it, but its easier to return the car.
He signed documents saying he bought the car, dealer can't repo or report it stolen! Actually he can tell the dealer screw you, I'm keeping the car, since the dealer had him sign all the legal document... they do this so you can't go else where and buy a car, they lock you in, but on the other hand, you can keep the car.
If he keeps the car, I'm sure the dealer will try to go after him in court.... "GRAY LINE". Good info. This sounds like some good info .if he does this, let us know the turn out
All dealers do this, and if the loan doesn't go through people bring it back. I have worked for many years for used car dealers. If your friend really loved the car and doesn't want to give it up, he can contact the DMV investigators office, this is where you complain about dealers.
He can tell the dealer that I'm contacting the DMV investigator to ask for the law.
Dealers SHIT them selves when you say the work DMV investigator...
•"For information, directions, or to schedule an appointment to discuss criminal complaints; complaints against car dealers; victims of identity theft; or other consumer protection issues involving the purchase of a vehicle or identity theft, please call (916) 229-0167 or (916) 229-0168."
Best of luck to you!
[ 2013-12-20, 01:19 AM: Message edited by: SantaClara_Cobra ]
Posts: 1399 | From: San Jose | Registered: Sep 2009
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KARATExxCHUCK
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Member # 12851
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posted
quote:
Originally posted by 0089GT:
my buddy bought a car off a used Hyundai lot a 2000 something crown vic (former cop car) and he put 800 down and finaced it....gets call from dealership today saying they need to talk to him AND TO BRING THE CAR...turns out the bank declined the loan and the dealership needs the car back...is my friend covered for his 800?? what rights does he have in this position? thanks
If he cant get the money back. Let me know. I have a friend thats a lawyer.
Charles
Merry Christmas
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Posts: 1286 | Registered: Apr 2013
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