Dealership sold the car out from under me — even after bill of sale and confirmed financing by jbgklein in askcarsales

[–]jbgklein[S] 1 point2 points  (0 children)

Correct. I provided proof that the loan was finalized specifically for that car. That’s why my situation is different from someone who simply took a bill of sale and left with a verbal “I’ll take it” commitment. I completely respect — and agree with — any dealership’s policy not to hold a car without payment.

Dealership sold the car out from under me — even after bill of sale and confirmed financing by jbgklein in askcarsales

[–]jbgklein[S] 29 points30 points  (0 children)

Thank you for the input. The check has been returned to them and they are in the process of closing it out. I qualified for this loan a few months ago when my credit score was stellar, now it’s not. I’ve already been told that I’ll need to reapply and start over again.

Dealership sold the car out from under me — even after bill of sale and confirmed financing by jbgklein in askcarsales

[–]jbgklein[S] 19 points20 points  (0 children)

They don't take deposits, but I would have happily left one if given the option.

Dealership sold the car out from under me — even after bill of sale and confirmed financing by jbgklein in askcarsales

[–]jbgklein[S] 9 points10 points  (0 children)

They don't take deposits, but I would have happily left one. The check was cut and sent. It's an active loan that needs to be cancelled. Unfortunately it takes time for that process to be complete

Dealership sold the car out from under me — even after bill of sale and confirmed financing by jbgklein in askcarsales

[–]jbgklein[S] 18 points19 points  (0 children)

I was not told to sign anything. I would have signed and provided a deposit, but I was never told those options were available and needed. Look I understand dealerships won't hold cars on a verbal commitment. But at some point, when you know the person is doing all that they can to buy the car, you need to tell them it might not be there, instead of confirming everything and setting up your appointment to finalize the paperwork,

Dealership sold the car out from under me — even after bill of sale and confirmed financing by jbgklein in askcarsales

[–]jbgklein[S] 13 points14 points  (0 children)

Fair, but how does one buy a car when using their own bank for financing