Started By
Message

re: Friend bought new truck, dealer reneged on sale price

Posted on 4/5/18 at 2:20 pm to
Posted by X123F45
Member since Apr 2015
29831 posts
Posted on 4/5/18 at 2:20 pm to
quote:

As I see it not after 10 days and sure as hell not after 60.



Reread the documents posted.

Contracts are void after those points of not funded. The truck isn't actually his.
Posted by LNCHBOX
70448
Member since Jun 2009
89137 posts
Posted on 4/5/18 at 2:20 pm to
quote:

In 60 days, he hasn't made a payment.


Says who? Unless they were running a special on financing, you've made a payment within 60 days.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43463 posts
Posted on 4/5/18 at 2:21 pm to
quote:

If the loan isn't funded, you don't own it though. Per the contract you either bring it back or pay it in full.

If it's been 60 days and he hasn't made a payment, he has no right to it


Fair enough.

Did the OP even say if his friend made a payment on it? I am going to assume no.
Posted by LNCHBOX
70448
Member since Jun 2009
89137 posts
Posted on 4/5/18 at 2:21 pm to
quote:

Contracts are void after those points of not funded. The truck isn't actually his.


Mine doesn't say that.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 4/5/18 at 2:22 pm to
Without knowing if the loan in the OP was funded or not, we can't say if he's made a payment or not.
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 4/5/18 at 2:22 pm to
quote:

Are you purposely avoiding the 10 days part?

Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 4/5/18 at 2:22 pm to
quote:

Mine doesn't say that.


The one you posted says if it's not funded within 10 days, you have to bring the vehicle back or pay the full amount of the purchase agreement.
Posted by jchamil
Member since Nov 2009
19517 posts
Posted on 4/5/18 at 2:23 pm to
quote:

Says who? Unless they were running a special on financing, you've made a payment within 60 days


Who would he be making the payments to if the loan hasn't been funded? Payments straight to the dealership?
Posted by LNCHBOX
70448
Member since Jun 2009
89137 posts
Posted on 4/5/18 at 2:24 pm to
quote:

The one you posted says if it's not funded within 10 days, you have to bring the vehicle back or pay the full amount of the purchase agreement.



Which is the opposite of voiding the contract
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 4/5/18 at 2:26 pm to
Yeah voiding was the wrong word. It would technically be fulfilled even by bringing it back. Just not the fulfilment the buyer would like.
Posted by mikelbr
Baton Rouge
Member since Apr 2008
49073 posts
Posted on 4/5/18 at 2:28 pm to
quote:

Because he is a hot head and let his anger overrun commen sense.



quote:

deltaland


Is this the buddy you did an 8 ball of coke with in one night recently?

Posted by X123F45
Member since Apr 2015
29831 posts
Posted on 4/5/18 at 2:28 pm to
quote:

TH03


I have never agreed with you in 10+ years until today
Posted by LNCHBOX
70448
Member since Jun 2009
89137 posts
Posted on 4/5/18 at 2:28 pm to
quote:

I have never agreed with you in 10+ years until today



He posts a lot of reasonable things so this basically is owning yourself again.
Posted by X123F45
Member since Apr 2015
29831 posts
Posted on 4/5/18 at 2:29 pm to
quote:

shawnlsu



Keep reading.

Posted by LSUGRAD2008
Baton Rouge
Member since Mar 2018
488 posts
Posted on 4/5/18 at 2:30 pm to
All Star Ford?
Posted by LNCHBOX
70448
Member since Jun 2009
89137 posts
Posted on 4/5/18 at 2:30 pm to
quote:

Keep reading.


That's not going to change anything for the purposes of this thread. Something shady is happening for this to be taking place 2 months after the sale.
Posted by X123F45
Member since Apr 2015
29831 posts
Posted on 4/5/18 at 2:30 pm to
quote:

He posts a lot of reasonable things so this basically is owning yourself again.




No one has ever agreed with you.
Posted by Sentrius
Fort Rozz
Member since Jun 2011
64757 posts
Posted on 4/5/18 at 2:31 pm to
quote:

I have never agreed with you in 10+ years until today



quote:

Member since Apr 2015


Posted by LNCHBOX
70448
Member since Jun 2009
89137 posts
Posted on 4/5/18 at 2:31 pm to
quote:

No one has ever agreed with you.


That's demonstrably false just in this thread. How many times you plan on looking dumb in this thread?
Posted by X123F45
Member since Apr 2015
29831 posts
Posted on 4/5/18 at 2:33 pm to
quote:

Something shady is happening for this to be taking place 2 months after the sale.


My money is on new clerical staff and a new finance guy.

All it takes are two departments not doing their jobs.

In my case, the finance guy tried to hold 2 points of rate and held 2.2. Voided contract.

Resigned at lower price on buy rate with a free warranty.
Jump to page
Page First 6 7 8 9 10 11
Jump to page
first pageprev pagePage 8 of 11Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram