Legal Question in Business Law in Florida
Auto purchase
My son bought a used Honda Element from the Honda dealer last week. He and the dealer signed a contract indicating price, payment and term. He took possession and has driven it for a week. The dealer called him today and said that the original bank stated will not do the loan. They said they could get him another loan, but it is a higher monthly payment and different term. What are his rights?
Asked on 5/23/09, 7:40 pm
1 Answer from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Re: Auto purchase
Read the contract he signed. The rights are there. Hopefully, it will say that the contract is contingent on the loan. If so, he can return it.
Answered on 5/23/09, 7:48 pm
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