Got taken on a car... need advice

[bradcanuck 1]

I purchased a car 5 days ago. The dealer is calling me asking for bank records to seal the loan, I guess financing was not completed during our deal. The new car I bought has stability issues and is hard to keep on the road. I guess it's the alignment. These 2 things are frustrating me, and I simply want to return the car and get my old car back. What options do I have?

Note this is in California so the laws are weird here at times.

I was told that if the lender can't get the records it needs the car can't be financed and then I need to return the car. That's fine, but will I get penalized etc?

[no name 1]

I purchased a car 5 days ago. The dealer is calling me asking for bank records to seal the loan, I guess financing was not completed during our deal. The new car I bought has stability issues and is hard to keep on the road. I guess it's the alignment. These 2 things are frustrating me, and I simply want to return the car and get my old car back. What options do I have?

Note this is in California so the laws are weird here at times.

I was told that if the lender can't get the records it needs the car can't be financed and then I need to return the car. That's fine, but will I get penalized etc?

Read your papers...there has to be something in there about returning it & the penalty.

Edited February 1, 2008 by devilette

[frustrated1 0]

if the financing wasn't fully agreed upon, there should be no liability unless you signed something that says regardless of the cost, you agree to the terms. otherwise you should be able to switch back without issue.

[mox 298]

You may have to pay a minor mileage wear/tear penalty, but nothing should keep you from just driving it back on the lot. Your credit won't be dinged.

Edited February 1, 2008 by mox

[bradcanuck 1]

Here's a new turn of events. We went in to get some things checked out because the service light was on and it was driving like #### on the freeway. They gave us a loaner car, but were too lazy to take the big 07 off the car, and all the stickers (pricing, ON SALE! etc) and the guy who gave it to us said "Just don't get pulled over, you could get arrested for this"

I called up the owner and told him to EXPLETIVES HERE, they can keep this car and their junk service and junk ethics and screw over someone else. I'm not going to get arrested over a dang loaner car.

He said "No no, BRO I'll work on getting this pushed through without the extra paper work no worries we take care of our customers. And for the problems i'll give you a free detail"

I told him to get his morals detailed and hung up.

So now I have a feeling he feels the heat and is going to beg the credit agency to push it through without the extra stuff they are asking for. I'll let you know how it goes tomorrow. I plan on raising hell.

[Jeraly 4]

It's one thing I worry about - there are no standards it seems there... In the UK we have an MOT each year that carries out comprehensive checks on the car - if it fails then you need to get the stuff fixed so it passes or you can't drive the car. Simple. I must say I am not looking forward to trying to find a reputable dealer with a half-decent car when there is no standardised car checks

[mox 298]

It's one thing I worry about - there are no standards it seems there... In the UK we have an MOT each year that carries out comprehensive checks on the car - if it fails then you need to get the stuff fixed so it passes or you can't drive the car. Simple. I must say I am not looking forward to trying to find a reputable dealer with a half-decent car when there is no standardised car checks

California is the strictest state in the union when it comes to vehicle emissions and safety checks. There are exemptions for older cars but any newer car has to be in pretty good shape to be able to drive it. This does not, however, preclude a dishonest person or dealer from selling you a lemon.

[Udella&Wiz 325]

Have you considered going to the Better Business Bureau or local Business owners association or something? Bet if you called and then told him you'd called and put in a complaint, you might be able to get out of it nicely

[weedebz 0]

Nicks faily have long standing relationship with a dealer in their town so I'll be getting car from them. I'm missing my car just now. During the week I can drive my mammys car after 3.30pm when she brings it back but I call it the golfcart...it's a toyota yaris...super dinky. Mind you because it's so small and light it goes fecking fast! Still I'm going to love the US...I like big cars and the smallest I have ever owned was my mazda sport (my last car, smallish in size but HUGE rims and HUGE engine), biggest was an old crappy range rover 4x4.

[perfect 39]

If you're buying a used car with a warranty in California you are now covered by a used car lemon law which came into effect last year. Only drawback is that you have to return the car within 3 days from closing the deal. However, since you have not closed the deal it should not be an issue for you to simply return the car with no penalty, assuming they still have your old car. http://www.lemonlaw-california.com/

[bradcanuck 1]

Well it's not a lemon. It just has a few bugs.

I want to add the finance manager went apeSHIZ on me today and called me a liar among other things. He called my employer and they sent them a letter so I have a feeling the loan is going to get pushed through which would be unfortunate.

[mox 298]

Well it's not a lemon. It just has a few bugs.

I want to add the finance manager went apeSHIZ on me today and called me a liar among other things. He called my employer and they sent them a letter so I have a feeling the loan is going to get pushed through which would be unfortunate.

In California you can walk away from a home loan within a week of signing. I don't know if this law covers other loans, but you should check your loan packet. You would have signed a document acknowledging your right to do this, and it will have instructions on how to do it.

[joelunchbox 0]

Well it's not a lemon. It just has a few bugs.

I want to add the finance manager went apeSHIZ on me today and called me a liar among other things. He called my employer and they sent them a letter so I have a feeling the loan is going to get pushed through which would be unfortunate.

In California you can walk away from a home loan within a week of signing. I don't know if this law covers other loans, but you should check your loan packet. You would have signed a document acknowledging your right to do this, and it will have instructions on how to do it.

Call anyone in your city/county government. They should be able to route you to someone who can talk to you about this. don't wait, take charge of this. This does not mean curse the dealer out, all that does is make him dig his heels in and fight you.

[JASONandDAA 0]

You can have my tricycle...I only use it on the freeways, but now I live in the country

[Teacher Mark 53]

Have you considered going to the Better Business Bureau or local Business owners association or something? Bet if you called and then told him you'd called and put in a complaint, you might be able to get out of it nicely

The BBB is a toothless poodle. The State Attorney General is where you need to file a complaint. Good Luck.