Legal Question in Consumer Law in Virginia

I recently leased a car from a dealership. I signed contracts with a 1/9% APR. Two weeks later the financing agent calls and states that the finaincing fell through and now I will have to pay 13.89% as my annual percentage rate. Can the dealership do that? Or do I have a right to sign into any other agreement and have them honor their contract.

Asked on 10/04/12, 10:12 am

Michael Hendrickson Law Office Michael E. Hendrickson

0 users found helpful

0 attorneys agreed

Would seem to depend upon what the terms of

your original contract for the purchase of this

vehicle may have to say about this issue (if anything).

Answered on 10/04/12, 11:37 am

Michael Hendrickson Law Office Michael E. Hendrickson

0 users found helpful

0 attorneys agreed

Would seem to depend upon what the terms

of your original contract for the purchase of this

vehicle may have to say about this issue (if anything).

Answered on 10/07/12, 2:02 pm

Keywords

Match Any Match All

Country

State

Area of Law