Can car dealerships change the payment on a contract?

Here%26#039;s the breakdown. I put down a healthy down payment on a 2008 Jeep Liberty and signed an agreement for $315 a month. I live in a different county than where I bought the vehicle and got an even better rate ($312 and some change). My paperwork got messed up by the dealership (wrong VIN - same vehicle features) and I never got anything from the bank where my loan was financed. I later found out that they changed banks (which is legal) but that they changed the amount that my payments would be per month. What do I do?

Can car dealerships change the payment on a contract?

by law they have to honor the original contract. if they refuse, take them to court and show the judge your original contract. to make it a little better for you, call the media. NEVER let scam artist take advantage of you.

Can car dealerships change the payment on a contract?

They have to honor your contract that you signed. Go back to the dealership and raise some hell. They will push you around as long as you let them. If you have financing elsewhere tell them to cancel it and rewrite the contract with your own financing. Just make sure you have all your information with you when you go back. Bank name, the name of the loan officer to contact. If you still want to use their financing make them honor your contract.

Can car dealerships change the payment on a contract?

do you remember how many contracts you signed?

as a finance manager i was instructed to have a few signed w/ different lenders in case one lender didn%26#039;t buy i wouldn%26#039;t have to have you come back in and resign ( hence get out of the contract )

If you didn%26#039;t read each peace of paper chances are you may have signed a blank contract and which point after the finance manager gets your %26quot;paper bought%26quot; at who ever pays the dealership the most money or save the dealership the most money in fees: that%26#039;s where you go and the paperwork is filled in with the terms the bank or lender approved. You should have a copy and should have left w/ all copies of your paperwork.

but i know inside finance and many in tough times will slide things in so you have to demand that original contract and all contracts that were signed by you to really reveal what happened that day and why your payment went up. You need a face to face w/ the finance manager but better yet w/ the GM so you don%26#039;t get the run around. I%26#039;m certain they can match your $312 payment if they really want your business.

hope that helps!

Can car dealerships change the payment on a contract?

I recommend you take the vehicle back and go somewhere else. If the dealer has a bad contract in hand, you are driving for free. If you like the car and want the finance, go back and renegotiate. If a deal slept a blank contract without you being aware, same on them. Take the car back get your money back and buy else ware.

Can car dealerships change the payment on a contract?

Based on what you are saying You should contact the FIN director of the dealership. By law they have to abide by the 1st contract that you signed off on! You shoudlnt have found out later about the banks though! Normally they contact the banks when you are in the Finance directors office to give you the terms on payments! Contact the Finance director or the sales manager! Because something dosent sound right!