Dealer made a mistake........what would you do?

[Dustin]

I just purchased my FRS last Monday. When I spoke with the salesman over the phone he asked me what I was bringing to the table. I told him I was trading in my car, I gave him $500 right then over the phone to hold the car for me, and told him if I had to I would put 4k down but didn't want to if I didn't have to. Two weeks go by and I go to the dealership. Start doing all the paperwork and the salesman goes back to the finance guy for a couple of minutes and then comes back and asks, "You're putting $4000 down, correct?" I told him I can if I have to but I would prefer not to. He says okay and goes back to the finance guy. Finance guy comes out and gets me, I sign papers, he hands me the keys and says enjoy your new car. Nothing was brought up about the $4000 again.

Fast forward to today, a little over a week later. I get a phone call from the finance guy saying he thought the salesman took the check from me for the $4000. Then he asked me to call him to set up when I could get that to him. I called him back and said that when I spoke to the salesman I said I could put the money down, but would prefer not to. After nothing else was said about it, I thought everything was financed with no more than the $500 I gave them to hold the car. It has been over a week. I have spent a good portion of the $4000. Long story short, what would you do? Who do you think is at fault?

[feldy]

Read your finance paper work. Everything is broken down.

[LeeMaster]

Well.... Long story short, I would cash the car and not have to worry about dealing with the finance.

[strat61caster]

Originally Posted by feldy

Read your finance paper work. Everything is broken down.

This, if it's in the paperwork then somebody dropped the ball but you're contractually obligated to cough up the dough. Call them up, explain you spent the money, redo the paperwork/financing and be very clear about the deal. Everybody walks away happy.

If it isn't in the paperwork tell them to pound sand.

It should be very easy to spot 4 grand looking at the amount you financed vs. out the door price.

[unijabnx2000]

So you signed papers to finance a good sum of money and didnt read the paperwork....

[fatoni]

you spent a good portion of $4000 in a week?

[eXtreme Burrito!]

You told them you had 4000 cash just chilling that you could spend? That might be the dumbest thing you could have said.


Read your contract, if they put it in there, then they have a right to come after you for it.

If they didn't, then take it and run

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[fatoni]

Originally Posted by eXtreme Burrito!

You told them you had 4000 cash just chilling that you could spend? That might be the dumbest thing you could have said.


Read your contract, if they put it in there, then they have a right to come after you for it.

If they didn't, then take it and run

Sent from my SCH-I605 using Tapatalk 2

not really. spending the money now as opposed to later would be cheaper than not (i think its safe to assume that this 4k wasnt invested at this point)

[jmaryt]

Originally Posted by unijabnx2000

So you signed papers to finance a good sum of money and didnt read the paperwork....

this is NOT good! should have read the paper work in detail,and
never sign ANYTHING unless you are in complete agreement with it.
if in doubt, request a copy,and run,don't walk to an attorney IF you don't
understand the terms. good luck with this! hope it turns out ok for you!.

[jmaryt]

Originally Posted by unijabnx2000

So you signed papers to finance a good sum of money and didnt read the paperwork....

Originally Posted by LeeMaster

Well.... Long story short, I would cash the car and not have to worry about dealing with the finance.

they do that kinda stuff in "minn-ah-snow-tah?"

[Dustin]

You're all right. I should have read the fine print. But I made a 23 hour drive round trip to get the car and I was trying to hurry and get out of there because i knew i had a long trip back. The salesman and finance guy knewbthis and they were trying to hurry as well. No excuse, but it is what it is. And yes I spent a good portion of the money in a week. I paid my property taxes, I gave some money to my brother so he could get an MRI. My girlfriend needed a new prescription for her glasses. It's not like I just went down and spent it on one night of fun and frivolity. I'm usually very fastidious when it comes to these things. I just dropped the ball this time and figured since they didn't ask for it, they financed it without it.

For those actually trying to give advice, thank you. For those who just wanted to chime in their useless banter, well it's a public forum so to each his own.

[Foobar]

Dustin - I suspect the 4K is in your financing paperwork and it was an honest mistake of them not getting the check from you at time of signing (poor process control on their part, but it happens, especially if it was after closing late at night and the cashier was already done for the day).

Since you no longer have the 4K on hand, I would explain to them that you no longer have it since you had assumed it was all done with 500 down, and that you'd like to re-do the financing such that the additional 4K is added in to the amount being financed. This will, of course, raise your payments, but there's not much you can do about that at this point unless you suddenly come up with the 4K.

Word of advice for future financial transactions: never offer up a position with the caveat of "I can if I have to, but I'd rather not." Either you will or you won't, because if you say you can, you can bet your ass they'll take it as an affirmative.

[Ingen]

So... What's in the paperwork then?

[Noob4Life]

Originally Posted by Foobar

Dustin - I suspect the 4K is in your financing paperwork and it was an honest mistake of them not getting the check from you at time of signing (poor process control on their part, but it happens, especially if it was after closing late at night and the cashier was already done for the day).

Since you no longer have the 4K on hand, I would explain to them that you no longer have it since you had assumed it was all done with 500 down, and that you'd like to re-do the financing such that the additional 4K is added in to the amount being financed. This will, of course, raise your payments, but there's not much you can do about that at this point unless you suddenly come up with the 4K.

Word of advice for future financial transactions: never offer up a position with the caveat of "I can if I have to, but I'd rather not." Either you will or you won't, because if you say you can, you can bet your ass they'll take it as an affirmative.

x2 plus this is a good example of why people say to READ ALL THE PAPERWORK before signing. It felt awkward but I made the finance guy sit there for 5-10 minutes while I looked over everything on my paperwork to make sure it was the right color/transmission/mileage and to a make sure the downpayment and options included were all correct.

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