Can A Car Dealer Legally Change The Terms Of A Sale After Signing The Contract?
My brother and his wife bought a car over the weekend from Bob Roman Honda in Lafayette, Indiana. The manager took them into his office, they signed a binding contract for the purchase and the loan (I saw it) and drove it home. Well on Monday the dealership called and said they needed to come in and "rewrite" the contract. When they got there, they were presented a loan with almost 2 percentage point higher and required an additional $750 Well since they didn't have any more cash to put down they couldn't buy the car. The next day the dealer called again and said that they needed to pay for the mileage they drove the car. It already had about a 1.000 miles on a new car and they put on an additional 100 on it. Guess what, it came to $750 and the manager said it could be added to the loan. How can they renegotiate a contract after the fact?
Asked By: Kari - 8/15/2007
Best Answer - Chosen by Asker
On weekends and after hours, dealers often "spot deliver" the vehicle. What this means is that they review the deal and your credit, and knowing their lenders, make a decision of where to contract and roll the deal. Aggressive dealers will do this if there is only a 50/50 shot at getting the deal done. What they... More
Answered By: Oblivious - 8/15/2007
Additional Answers (5)
Answered By: Thomas R - 8/15/2007
It's illegal for them to change a contract after it has been signed. It can only be changed if both parties agree on the change. However, they cannot change the contract simply because one party wanted to. You can take this to a small claims court and get it over turned. Or they'll even change it themselves if you... More
Answered By: ritejoker_1 - 8/15/2007
The only way a contract can legally be changed is if it is in writing and signed by the seller and buyer (this is printed on the front of the sale contract). A dealer can not collect on the miles they put on the vehicle simply because he "rolled" (sold on paper) the car without an approval from the bank.
Answered By: mac150 - 8/15/2007
If they truly had approved financing when they signed the papers, then tell the dealer to go to hell. However, frequently the dealer will let the car go off the lot without approved financing, hoping that they will get approved. I'm guessing that's what happened, especially since they bought it over the weekend, and... More
Answered By: Scott H - 8/15/2007
Once the dealership signs the papers and hands over the keys, they're bound by the original bill of sale/contract. If they can only change it with the purchaser's conscent... More
Answered By: Chris F - 8/15/2007
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