I got a new car, the bank approved it and everything and now they want it back, can they legally do this ?
361160
I think it is legal in the first three days after the contracts are signed....you have the same right as well. With most "major" purchases.
366742
Just make the payments and it stays yours. Fail to do so and they will take your car, determine that it's not enough to cover the loan due to depreciation and then you will still owe them money! So pay it off! And if you do have a problem go to the bank and they might work with you by just letting you pay the interest for a month or two as it is cheaper for them to do so than reposses your car.
580557
NONE , THE MOMENT YOU DRIVE OFF THE LOT THE CAR BEGINS TO LOOSE VALUE\n\nTHE DEALER OR SELLER WONT TAKE IT BACK \nAND WHATEVER CONTRACT YOU SIGNED IS LEGALLY BINDING\n\nYOU WILL HAVE TO SELL IT YOURSELF BUT YOU WILL GET A LOT LESS THAN YOU PAID FOR IT(EVEN IF YOU ONLY DROVE IT ONE MILE)\n\n\nGOOD LUCK \n\n\n\n\nTHINK BEFORE YOU ACT
319385
Yes it is legal.  What typically happens is that you are still on the books for the full purchase of the loan.  If they repo the car, they auction it off and then try to collect on the difference.  The only recourse that you might have is if the auction price was considerably less than the fair market value.  You might be able to do something there.  Other wise, sorry to say..You are stuck.
673860
To an extent yes as the loan is tax deductible.  The problem arises if the loan is for 15 years and the car only lasts 5.  That means you are paying an additional 10 years for something that you no longer have.
374982
i think you have to go to a small claims company that will take your client to court with a ruling (wether they attend or not) there is one problem if they have filed for bancrupcy off there own back that means i think they can keep things like cars and if they have made everything out to be in a secound partys name a recovery company cannot take this stuff....they are aloud to keep a car because it might be there only mode of transport....plus depending on what you are claiming for other things like taxes come out first so u may not be able to claim for anything u need to go to a small claims recovery company
191429
Unless the car has a big fault to it, you may be stuck with it.  If the dealer did not disclose a problem with it then they are still liable for it.
362199
yes you need the money order back,  then you can date it or take it back where you bought it.
475506
YES!!! \nDont do it.  My wife and I did it and when we went to buy a new car it showed up on our credit report.  It wasnt as bad as a bankrupcy but it did put a negative hash on it.  We were still able to get the new car loan but it really mad me mad at myself for not looking into that first.  Should have just paid them off by myself.
432067
What you need to do is file a police report and report the car as stolen.  Once that's done you'll get your car back.  You don't need anything other then the title to have a tow company tow the car.  Once they have proof of the title showing you as sole owner (if your ex is on the title you have NO right to take the car or report it as stolen) they can tow it and ship it for you.  If you don't want a lien to be placed by the tow company you MUST PAY UPFRONT ALL COSTS, otherwise they have the legal right to a lien until paid regardless of if you didn't sign allowing a lien.  (All states allow tow companies to claim liens until paid)
1013417
This is easy! Take the car back and tell them you expect a full refund. If the bank is changing the terms of the contract it is void. Meaning you never bought the car and all your money should refunded without question. Find a better dealership to deal with on your next vehicle. \n\nIn most cases if the dealership wants you to come back to do some bargining that means they had an error in their math and they short changed themselves. They want their money. This happen to my brother in law on and Audi TT. They screwed the numbers up and shorted themselves about $4000. He saw the error signed the papers and drove off. only to get a call 3 hours telling him he owed $4,000. He said sue me and hung up. They called him everyday politely asking if he would do the right thing and pay them the money and he refused. He told them all the years of getting screwed over by car dealers, it was nice to share in their joy of screwing people. I don't blame him.
399344
Refer to the Song-Beverly Consumer Protection Act.  I bought a BMW 750 and it was malfunctioning a go awry from the moment I drove it off the lot.  I complained but BMW just wanted to fix it.  I went in and met with the manager there and sighted the act above as well as my willingness to pursue legal action should I be ignored.  In the end, I walked over to their showroom, said I want this one, and drove their model car out of their indoor showroom at no extra charge, after changing all the necessary paperwork.\n  However, be aware that most states do have a "no cool off" policy.  That means that you can't buy a car and then decide later that you don't want it, unless otherise specified by the dealer.  You can't simply change your mind and say you want your money back.  You have to have concrete evidence that "your expectations are not met" as provided within the lemon law.  Obviously, they must be reasonable.  Good luck!
466513
Since it has been 8months I doubt you will get anywhere with it. Not only that you have to prove that they knew about the damage....the court doest side on just assumptions. If I would you next time you buy a used car take it some place and get it looked over if the dealer ship wont allow it have the look it over and sign off that there is no damage. If you dont like this answer I would seek legal help!
779365
It might be worth enquiring at the shop you bought it from.  Obviously you wouldn't get back as much as you paid but they probably could re-sell it
927826
Depending on the sellers rating you 'might' have had redress (through Paypal if you had used them) at one stage but because you carried out repairs, that deems you have accepted the vehicle.  If you push the seller, they may accept taking it back (well who wouldnt, you just spent 3k on it).  They are under no obligation to refund money you have spent on it.  The best chance you may have is if you can prove the MOT is illegal and then go after the garage that gave it, again because you have had many repairs carried out, I suspect this would also be an impossible route to prove.\n\nSorry its not better news.
743611
Rather you just give it back or they come and take it, yes you will have a repo on your credit. They will resell the car and you will owe the difference in what they sell the car for and what you owe on it. Your credit will be in a mess for seven years. A repo looks very bad, worse then a collection or charge off. I would call them and see if they will work out a payment plan with you to get caught up. Maybe you could try to sell it. You are running out of time if you are already three months behind. They will be coming after you for the car soon....If you wouldn't have let yourself get three months behind, you could have refinanced the car and gotten a lower payment.
899786
We had a similar problem The bank will follow through as they will want there money back also. The best thing is to protect your details I dont deal with anyone that does paper transactions anymore as Our details were taken from a carbon in th rubish of a chineese Resturant so if there machine isnt working we go elsewhere.