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After i have signed the loan agreement to purchase a Car, can i change my mind and break that contract? After i have signed loan papers at the bank to purchase a Car, do i have a "grace"...

In the state of new mexico can someone repo a Car if there was never a contract signed? I was working for a dealer when my personal vehicle was stolen,i arraigned to buy a truck...

How to get out of Car loan? I financed a used Car through a bank, purchased about a month ago. i now have an opportunity...

Auto dealer failed to deliver vehicle after loan was signed I agreed to purchase a used vehicle from a dealer and signed an installment loan agreement....

My ex signed a lease and a Car loan with me, is there any way to make him pay his half? I had a paid off Car, 110/ month insurance, my own place i could afford, and was doing fine...

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Question

Submitted 688 days ago...

rayb

New User (1)

Car dealer cannot find bank for loan after a month and a signed contract

My nephew got a car put 1500.00 down was told what his payments were going to be ,and after a month they want him to go and talk to them. i'm sure they want him to take the car so they can block him in and take the car back.does he have any recourse?

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Answers

Answer 1 / 2 - Submitted 688 days ago...

primetime001

Professor (1,021)

Why would they want the car back? I bet they found a lender and need his signature.

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Answer 2 / 2 - Submitted 688 days ago...

Jodi-Mesa

Brain (2,795)

I agree with PrimeTime... did he make his first payment? They can't just jump him at the dealership and take his car away. Did he provide any false info on the loan? Why do you think they want to take it back?

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