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re: Did I just get a free truck?
Posted on 9/16/14 at 1:35 pm to mylsuhat
Posted on 9/16/14 at 1:35 pm to mylsuhat
Wait, so you have a signed agreement for financing and they changed their mind?
That's bullshite.
Return their truck and get your trade back if they don't figure it out.
That's bullshite.
Return their truck and get your trade back if they don't figure it out.
This post was edited on 9/16/14 at 1:39 pm
1
Posted on 9/16/14 at 1:43 pm to member12
quote:
Wait, so you have a signed agreement for financing and they changed their mind? That's bullshite.
No. He signed some preliminary paperwork to get him in the truck. The dealer should have also made him sign something stating that if they cannot find him financing then he must return the truck. This is called a spot delivery.
Remember, he just walked in the dealership and said he makes X amount and has a job with whomever. If it's after hours or a weekend the lender has no way to verify anything. There is no way to fully process a loan when you do a spot delivery.
Eta. And whoever said he technically owns the truck is mistaken. You don't own it until you have the title in hand.
This post was edited on 9/16/14 at 1:45 pm
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