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Can I Walk Away from a Car Deal

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johnnyceballos1

Junior Member
What is the name of your state (only U.S. law)? New York

Hi, i recently purchased a used car from a dealer and got approved for financing. I did not put any money down. I arranged for my current car to be traded in. I signed the financing papers and was told that the car had to go through they're 120 point inspection process. Long story short its been a month and i still do not have the car. First it was that they had to get a warranty for the engine because the ford dealer did not want to cover a land rover engine and now he is telling me that the car has a check airbag light that wont go off. What makes me nervous is that the ford dealer could not fix the problem. they had to send it to a land rover dealer and thats where we are at now.

I wanted to know if it was possible to just walk away from the deal. To conclude i signed financing papers, car trade in papers (still have my title and car) and never took possession of the car. Your advice and input will gladly be appreciated. I also would like to know what would you do if you were in this situation. Thank you and have a nice day.
 



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