Legal Question in Consumer Law in Pennsylvania
Auto Leasing
Leased a new car from a dealership last week. I signed the lease agrement and took possession of the car. The dealership failed to collect $1500 from me at closing. I called the bank funding the lease (GMAC) and the lease has been funded. Am I obligated to pay the dealership the $1500? Can they repossess the car? Can this affect my credit?
2 Answers from Attorneys
Re: Auto Leasing
Mr. Johns is correct, an additional concern might be that the dealership has yet to forward your title to the bank causing you an additional headache. The bottom line is if you agreed to pay the $1,500.00 do it now before this problem gets worse...ie...a court action, reporting to a credit agency, ext.
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Sincerely,
Marc V. Taiani, Esquire
AAAL - Allegheny Attorneys At Law
Re: Auto Leasing
By signing the lease you contracted to take certain actions regarding payment in exchange for use of the vehicle. If the $1500.00 is owed to the dealership then the dealership would be required to sue to get their money. If the $1500.00 is owed to the leasing company then they as the titled owners could attempt to repossess their property. If the debt is not paid either could add negative notations to your credit record. I offer free consultations.
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