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toesuf94 · 12-01-2011, 04:44 PM

Pandora is in da house...wow.

You have a legal contract from the dealer then...your payments per month, with a VIN number. I do not think they have a leg to stand on here. You have a legal contract.

The only thing I have heard is a "cooling off" period where the buyer has the right to back out of the deal if they deem themselves to suddenly realize that they made a mistake buying a new car. I think that is between 1-4 days.

I don't think the dealer has 16 days to cool off on your deal. Sounds to me like they thought they could sell your contract to another lending institution and make a few points on the back end and it fell through. Was this a GM dealer on a new car?

12-01-2011, 04:44 PM	#6
toesuf94 Drives: THR #11 E-force supercharged Join Date: Jul 2008 Location: Cedar Rapids, IA Posts: 4,746	Pandora is in da house...wow. You have a legal contract from the dealer then...your payments per month, with a VIN number. I do not think they have a leg to stand on here. You have a legal contract. The only thing I have heard is a "cooling off" period where the buyer has the right to back out of the deal if they deem themselves to suddenly realize that they made a mistake buying a new car. I think that is between 1-4 days. I don't think the dealer has 16 days to cool off on your deal. Sounds to me like they thought they could sell your contract to another lending institution and make a few points on the back end and it fell through. Was this a GM dealer on a new car? __________________ Cars and women are both going to give you problems...but you can pay somebody else to fix your car!