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  1. #1

    Unhappy Trade-in value mistake with a car purchase

    I Traded In A Vehicle To A Dealership. Money Was Still Owed On The
    Vehicle--it Was Pre Approved Through The Same Finance Company That
    Previously Held Then Lien On The Vehicle I Traded In. I Traded In My Car And Took The Deal Over A Week Ago.
    I Now Have Noticed That The Payoff On The Vehicle I Traded In Seems To Be Considerably Less Than What I Think It Should Be. I Asked The Dealership To Double Check And
    They Said It Was Correct--\'and It Couldn\'t Be Wrong Since It Is
    Through The Same Finance Co....\'
    But I Think The Dealership Got The Wrong Payoff---i Think It Got A
    Payoff
    I Was Told By The Dealership That It Was Not My Responsibility Now. If The Dealership Overpays, I Will Get A Check For The Difference---and If They Underpay---it Is Between The Dealership And Finance Co. Is That Right?
    Who Is Responsible If Their Is A Difference?
    What Should I Do?

  2. #2
    Join Date
    Sep 2005
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    Posts
    98,846

    Default Re: Trade-in value mistake with a car purchase

    What should you do? You could start by using normal sentence and paragraph structure and proper capitalization and punctuation, so your questions aren't a chore to read.

    If the dealership is indicating that you won't be held responsible for a shortfall, and you don't think they're lying to you, there wouldn't seem to be anything to worry about.

  3. #3

    Default Re: Trade-in value mistake with a car purchase

    Yes, I am truly sorry about the structure. There are no excuses for bad cutting and pasting without checking to see how it looks. I always assume the worst in car sales people as well as dealerships. I just wanted to make sure if they were lying, what should I expect?

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