Used F-150 with 39 miles
01-01-2017, 01:50 AM
#41
A Virginia Drifter
It actually happened to me when I bought my wife's suburban. Went in the day after Christmas last year did all the paperwork etc. Went to work offshore and my wife calls me and says that the Dealership messed up and the bank didn't take the loan or something. Anyway they got financing from someone else. She already had the car for a month. Should have just taken it back at that point but my wife loved the car.
Last edited by TireKicker; 01-01-2017 at 01:52 AM.
01-01-2017, 08:41 AM
#43
Senior Member
Are you saying a dealer sold you a truck, you signed the paperwork, they put temp plates on it, let you take it home, and come Monday they told you that your loan was denied, AFTER you signed the loan papaerwork?
I'm not suggesting you're lying, but it's pretty damn hard to believe that any dealership would let someone take a vehicle home (buy/sign papers of a loan and deal) BEFORE securing AND getting an approval of a loan.
I'm not suggesting you're lying, but it's pretty damn hard to believe that any dealership would let someone take a vehicle home (buy/sign papers of a loan and deal) BEFORE securing AND getting an approval of a loan.
Last edited by digitaltrucker; 01-01-2017 at 08:44 AM.
01-01-2017, 01:02 PM
#44
Something similar happened to me when wife and I bought our first car. We were young and didn't have a lot of credit. Dealership said don't worry they could get us financed. We signed papers and left with the car. Next day they called and said they couldn't get us financed through the first bank but they could through somewhere else. Was supposed to go back and sign papers but we got our own financing and took them a check.
A matter of "let those folks take the car and fall in love with it, then they'll agree to anything, when we tell them we have to take it back".
And don't ever thnk that **** doesn't happen. If you're reading this, and you own a dealership, or sell cars at a dealership, then don't take this personal. But it's this very type of behavior why I'll never trust them. Ever.
The following 2 users liked this post by Wanna Ride:
digitaltrucker (01-01-2017),
Papa_nmez (01-01-2017)
01-01-2017, 02:55 PM
#45
I think the term is "one note" or something like that. Some dealers make you sign it saying you are buying it and responsible should financing fail you not return the truck from an over night drive. I had to sign such when I took home a used vehicle I wanted to buy. They also include the form when buying new, to cover them selves. Its a simple promissory note. Dealers want you out the door, with the vehicle, one way or another! Few realize all of this at closing.
01-01-2017, 03:47 PM
#46
Are you saying a dealer sold you a truck, you signed the paperwork, they put temp plates on it, let you take it home, and come Monday they told you that your loan was denied, AFTER you signed the loan papaerwork?
I'm not suggesting you're lying, but it's pretty damn hard to believe that any dealership would let someone take a vehicle home (buy/sign papers of a loan and deal) BEFORE securing AND getting an approval of a loan.
I'm not suggesting you're lying, but it's pretty damn hard to believe that any dealership would let someone take a vehicle home (buy/sign papers of a loan and deal) BEFORE securing AND getting an approval of a loan.
If they didn't drop my rate from 3.9 to 2.9 I would have just gave them back the truck.
01-01-2017, 11:27 PM
#47
Wow. Never heard of such. Anytime ive walked out iff a dealership with a new vehicle, I did so with all the paperwork signed, sealed and delivered.
01-02-2017, 01:06 AM
#48
I had no cosigner, so i'm thinking they realized they messed something up.
It worked out in the end though
