What is the name of your state?What is the name of your state? New York
My lease matured on my car on 4/22. On 4/16 I went to the same place I leased from twice before. I was given the name of a person to contact there by the finance company with whom I had my previous car who's lease was maturing. I explained my financial situation and how I could not afford more than $400 a month and could not put much $ down on a new lease. I explained that my reason for coming in was to finance the remainder of the amount owed on my current car.The sales person convinced me to go into a new lease for a Jeep at $407 a month with $750 down. He told me that I would be better off selling my car on my own because it would not help me with my new lease.I left that day with the new Jeep. The finance dept. told me they would call me the following Monday to arrange for a day/time for me to come in and sign the paper work seeing as the banks were already closed. Since I was not told that any of this was contingent on approval from the finance company, I sold my car on 4/19. On 4/25 the finance dept finally contacted me and told me I have to put an addtl $5k down on the Jeep in order to get the lease approved or return the jeep. Now I don't have the money to put down, nor do I have my old car to go back and do what I initially wanted to do which was to finance the amount owed on my old car. Is this legal? What, if anything, are my rights? or what should I be asking the sales person/dealer for? HELP... I'm running out of time...
My lease matured on my car on 4/22. On 4/16 I went to the same place I leased from twice before. I was given the name of a person to contact there by the finance company with whom I had my previous car who's lease was maturing. I explained my financial situation and how I could not afford more than $400 a month and could not put much $ down on a new lease. I explained that my reason for coming in was to finance the remainder of the amount owed on my current car.The sales person convinced me to go into a new lease for a Jeep at $407 a month with $750 down. He told me that I would be better off selling my car on my own because it would not help me with my new lease.I left that day with the new Jeep. The finance dept. told me they would call me the following Monday to arrange for a day/time for me to come in and sign the paper work seeing as the banks were already closed. Since I was not told that any of this was contingent on approval from the finance company, I sold my car on 4/19. On 4/25 the finance dept finally contacted me and told me I have to put an addtl $5k down on the Jeep in order to get the lease approved or return the jeep. Now I don't have the money to put down, nor do I have my old car to go back and do what I initially wanted to do which was to finance the amount owed on my old car. Is this legal? What, if anything, are my rights? or what should I be asking the sales person/dealer for? HELP... I'm running out of time...
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