Legal Question in Credit and Debt Law in Florida
Returning a car to dealer
My son-in-law signed a contract with a dealership using only his information and a promise to pay $2500 down. He's in the military and he doesn't have $2500 to put down. He just got the car today, 9-23-07, what wording should he use to let the dealer know he doesn't wish to keep the car? I believe the dealership is searching for a finance company to accept to pay this loan.
Helen
1 Answer from Attorneys
Re: Returning a car to dealer
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
He is stuck with the agreement he made. There is no way to rescind a contract unless the dealer wants to agree. The only possibility that may work out for him is for the lenders not to agree to finance the deal and then the dealer will want to get the vehicle back.
Scott R. Jay, Esq.
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