Legal Question in Consumer Law in Idaho

automobile purchase contract
Does an car dealer have to honor the original contract signed at the time of the purchase? Can the dealer require you to sign a new contract because the bank did'nt approve the intrest rate agreed upon in the first contract?

Asked on 7/28/01, 11:42 am

Gass Timothy Gass Law Office

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Re: automobile purchase contract

Generally, yes the car dealer must follow the terms of the contract.

However, if the financing isn't available through their primary lender, then

if you want to continue to buy the car, you may be able to secure your own

financing or the dealership may try to require you to use the lender they

deal with. The alternative is not to buy the car and to buy it somewhere

else.

If you want me to represent you, I charge $120 per hour for the work

I do.

Answered on 7/30/01, 4:20 pm

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