Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
how can i pull off dealer contract?
my brought a car Nissan Altima 2008..and he financed....i think the orginal price is $25000 but in the contract paper it said 32000...so what can we do to get that things fixed...(he already signed everything before.. )
6 Answers
- 1 decade agoFavorite Answer
the above answers may be correct. But you dont mention if you had a trade in or not.
if you had a trade in that was upside down - where you owed more than it was worth, then the numbers have to be shifted around to cover that negative equity.
lets say you are trading in a car worth 10,000 but you owe 15,000. the new car you are buying is $25,000
bank contracts cannot have negative numbers. We cannot show that we are adding $5000 on top of the car.
So instead of showing $25,000 for the car you are buying, and a NEGATIVE 5000 for the trade.... we show $30,000 for the car you are buying, and that we are paying 15,000 for the trade. The trade equity is shown as 0
In either case, you are buying the car for 25,000 and adding the $5000 in negative equity. Its just a matter of how the contract reflects those figures.
Source(s): 15 yrs in the car business - mccoybluesLv 71 decade ago
You "fix" those things while your discussing the details with the Finance Manager before you sign the contract and before you take possession of the car.
If you signed the contract your signature is confirmation that you read, understand and accept the terms.
If you drove off the lot with the car, it's a done deal. I think you need to go over that contract line for line so you understand what you signed. Make sure all the pluses and minuses add up to the loan contract he signed. But there is no "fixing it".
That's like saying you want to rethink that leap off the bridge.
- 1 decade ago
Are you sure that the $32000 is not including financing? Because it's normal for the price of the car to go up with financing. Otherwise you are screwed because anything you say or the salesperson say doesn't count. If it's in writing, that's the final price. You should have reviewed the price you were paying before signing.
Source(s): The obvious - Anonymous1 decade ago
Um, if you financed the car then chances are that's the total you will owe with interest. That should be the amount on your financing contract. But if you mean that's the amount on the bill of sales then something is definitely wrong.
Don't you check the contact when you sign? geez.
- How do you think about the answers? You can sign in to vote the answer.
- jayLv 71 decade ago
I'm sure it's listing the total time price. including cost of the car, all interest, taxes and everything. And regardless, that's what contracts are for, for you to review the purchase before you take the car. Even if they did raise the price on you, they won't change it now.
- Anonymous1 decade ago
That is the tax, title, license and finance fees added to the total...
Source(s): 923