State of Purchase : Florida
I traded in a car that had a remaining balance and the equity was used to pay a down payment for the car i wanted. On that Tuesday i purchased the car, and that following Monday i was laid off and the financing bank had refused to lend. The dealership called me back, was very polite and apologetic and asked to return the car. They also stated they will refund the extra down payment i made ( this was a an additional check i wrote, not part of the trade in's value).
I returned home with my old car, and went online to make my monthly car payment, there i noticed that the dealership has already paid the car off ( $13150.09) and I received an email, stating my title has been mailed to me.
Now what are my options, I plan to contact the dealership and bring light to the situation as im sure they are unaware of the situation at the moment ( not that they wouldnt catch it eventually)
What cant the dealership do? How can they make me pay for the car balance paid? Can they adjust my monthly payment? Will they make me rebuy the car, if so what if i cannot get financing or the financing is different from what i had before?