D
dollyd
Guest
I live in NY state - I traded in a Dodge cargo van for a 1998 Subaru Forester. Contracts were signed-I drove away with the car, and all was fine. Two days later the financial dept. called and said the bank on the contract could not approve the deal, and that we gave them false information, which was proven to be accurate information upon retrieval. Apparently, they approved us before the bank did, and assumed without documentation all the figures we gave them were accurate. Never did they request any proof or paystubs or 1040 forms until after the car was driven away and under legal contract. They threatened to take the car away unless we agreed to increase our payments on the contract. We were so angry, we wanted to cancel out of the deal and give them the car back. However, two days prior to this, the Dodge was paid off in full to Chrysler Financial, and titles signed over, registrations and licenses paid and applied, and insurance info changed. Can they "unravel" the deal, and obligate me to this contract, give my Dodge back to me after the payoff was made, and have me continue as if nothing happened? I can't imagine what my legal rights are here. Please advise!