I need to return my vehicle i just got it 2 weeks ago, dealership wont help do i return to bank that financed?

There is a thing called lemon law

k rob

unless there is something wrong with the car the dealership does not have to take it back. the finance company won't take a car back either. you will have to go back to the dealership you bought it at and turn it in as a voluntary repossession. you will get no down payment back, it will make things very difficult for buying a car anytime in the near future and it will do some pretty serious damage to your credit score. you would be better off trying to sell it and then paying off your loan.

elmo o

you have a major problem
if you bought new the vehicle is worth 20% LESS THAN WHEN YOU bought it.
why would the dealer want it back.
if i were in your shoes i would find someone to take over payments
if used perhaps your down was enough the dealer could make money on the car, have you asked to talk to the genl mgr?
last option is to park it in the drive put the keys in the mail box and get a voluntary repo on your credit

justmyopinion

no, the bank won't want the car, you'll have to sell it quick to save your credit rating or let them repo after three months in default

GMoney

if it is seriously defective talk to a lawyer. most state's have "lemon laws" that permit owners of defective vehicles to return them to the dealer. if the car's not defective you are probably out of luck.

Dan G

The answer depends on why you need to return it.
If you've just decided the payments are too high, or you no longer like it, then you are out of luck. You can't return it after 3 days.

As another poster said, if you need to get out of the car for financial reasons, your best option is to sell it.
Clean it up as best you can, and put an ad on craigslist, autotrader, etc. Depending on the year/model of the car, hopefully you won't lose too much from what you paid for it.

br549

Do you mean you changed you mind, and don't want it?

You now own it! You can take it anywhere you want, but you are still on the hook for the loan.

Judy

If there's something seriously wrong with it, in most states you have to give the dealer a chance to fix it, then if after something like 3 tries they don't, you can return it.

If you just decided you don't like it, or can't or don't want to make the payments, you're out of luck. Yes, you can let it be repossessed, but that will really hurt your credit rating.

gussie

you are unclear whether you are having mechanical problems or financial problems. Did your car have a warranty or did your financial situation change?

dyilek

Will need a little more info. If there is a problem with the vehicle it should be fixed by the dealer if there is still a warranty. If you just changed your mind, then no, dealer probably won't take it back, and the bank doesn't want it either. All the bank wants is their money. More info would be helpful.

UN_POQUITO

If it's due to a financial hardship it would be in your best interest to look for someone who can have the vehicle refinanced & take over the payments. Taking it back to the financial institution will severely ruin your credit!!! Ever heard of repo? That's the equivalent, instead of you waiting for them to take the car for non-payment you're handing it over to them.... which is a bad... BAD thing. Look for alternate ways out of this obligation & good luck!

john l

Why DO YOU need to return said vehicle, unresolved problems, or did you have second thoughts, and by the way, the bank you financed it with,, doesn't want it either.

Yee

I recently bought my use 2005 chevy. Before I bought it I test drove it. I hear this banging and squeaking noise. So I went back into the lot and ask them what it was. They told me it was just a rubber thing on the steering wheel and they will fix it for free. We also told them about the breaks to and they said they just but new brakes on it so thats why its making noise. So since they said the would fix the banging noise for free. I decided to get the car. Put money down and got fincance . Will took the car home made an appointment to get it fix. As I drove it to work it start to get really bad and the breaks started to sound really loud. When it got to the appointment date, took the car there and left it there an hour. Call them to see if it was done they said yeah so I went to pick up the car and drove it home. I was still hearing the banging and the squeaking noise. Call they again and made another appointment. Took the car in for them to see and they said it was the dash board that was making the noise. I didn't trusty them so I took my car to the chevy dealer to check. Omg it came back and the breaks and rotors are bad,the sway bar is broken and ac compressor will leaking and there was a tear on the axles. And I only had this car for two weeks . PlZ help me. I don't know what to do.

patricia conrad

have this pt cruiser for almost two years and have been thinking about volunteering a repo on the car what will be the out come of this wanting to get out of a bad relation ship

Beccabow

I need serious advice I financed a 01 vw passat 3 months ago a week later the head gasket blew I have not driven the car since april 2 I tried to get a lawyer but none will help me. I took it to a mechanic and they said I could not have blown it in less then 7 days I need help!

Enter Your Message or Comment

User Name:
User Email:
Post a comment: