Results 1 to 3 of 3
  1. #1

    Default Car Dealer Wants Cosigner to Be the Sole Buyer

    My question involves a consumer law issue in the State of: Ga

    I went to purchase a new car in mind. I went with knowing my mother in law would co sign because of my bad credit and her good credit. I went very niave and alone. Bad mistake. But in all I have signed all documents. (with my mother in law agreed on phone to sales lady) She wanted to help me get a car. Then the financing people started haggling about if she was the only one on the contract we could get a better deal. So I agreed! So now the dealership is asking me to tell my mother in law to tell the finance company she is buying the car for herself. We said no and that she made 40000. A yr. Which is a NO.
    Basicly the car dealership used my mother in law credit and my income. Is this legal ? And can I go Back to dealership and tell them I need to redo contract with my name on it?

  2. #2
    Join Date
    Mar 2013
    Posts
    17,616

    Default Re: New Car

    Did your mother-in-law sign the contract?

    Pay any money?

    Take delivery of the car?

  3. #3
    Join Date
    Jan 2010
    Location
    New Jersey
    Posts
    3,656

    Default Re: Car Dealer Wants Cosigner to Be the Sole Buyer

    Quote Quoting lfw81166@gmail.com
    View Post
    Basicly the car dealership used my mother in law credit and my income. Is this legal ?
    It is insurance fraud, not only the dealer could get in trouble, but your mother-in-law, and depending on who signed the contract, possibly you could too. So don't go shaking the tree...

    Quote Quoting lfw81166@gmail.com
    View Post
    And can I go Back to dealership and tell them I need to redo contract with my name on it?
    No, your credit is not good enough.
    I'm not a lawyer, but I did stay at a Holiday Inn Express last night.......

    1. Sponsored Links
       

Similar Threads

  1. Sales Agreements: Car Purchase Agreement Switched the Buyer and Cosigner
    By Rochelle8101 in forum Cars and Dealerships
    Replies: 1
    Last Post: 03-28-2017, 04:32 PM
  2. Car Buyer's Default Threatens Cosigner's Credit
    By sweetazzwhine in forum Cars and Dealerships
    Replies: 4
    Last Post: 02-16-2015, 08:50 AM
  3. Buyer vs Cosigner Auto Rights
    By MyCar1 in forum Cars and Dealerships
    Replies: 1
    Last Post: 04-15-2008, 06:42 AM
  4. Cosigner Wants Ownership Of Car From Buyer
    By Psyman42 in forum Cars and Dealerships
    Replies: 1
    Last Post: 02-15-2008, 06:53 AM
  5. Cosigner And Buyer In Dispute
    By Digital Man in forum Cars and Dealerships
    Replies: 2
    Last Post: 02-06-2008, 08:25 AM
 
 
Sponsored Links

Legal Help, Information and Resources