Tips on Buying Cars: Auto financing, used, car


Question
Hello, so yesterday I purchased my new 2012 Chevy Malibu. I told the financing manager I won't be able to come up with the downpayment until Friday (5 day's away). I signed all the paperwork for the vehicle and just need to bring in the money Friday. My father decided to help me out with the downpayment. In total, the downpayment is $5000, and of which he will help with half. My dad thinks I got a bad deal on the vehicle and is threatening to withhold his downpayment help. If this happens and Friday comes around and I do not have the downpayment, what happens? I have not taken home the vehicle yet until the money changes hands. If you have any insight on this, I would be greatly appreciated of it. Thank you, sincerely Jared.

Answer
Hi Jared,

Without knowing all the details I can't guide you, the easy answer is, you signed a bill of sale and you are obligated, I have several questions that need answers for me to guide you in the right direction,,, be it need to cancel the deal or pursue other avenues.

With time frame being a factor I suggest you leave a phone # at my e-mail address paulsenray@yahoo.com and best times to call and we will settle this problem within a few minutes.

Ray   http://www.usedcartips.org/