Saturday, June 28, 2014

I went to a car dealership and financed the car. I was told I was approved for financing so they let me take the car. 2 months later I am to...

Question

I went to a car dealership and financed the car. I was told I was approved for financing so they let me take the car. 2 months later I am told I was not approved for financing and to bring the car back. I dropped the car off to the dealership. They now want me to sign a letter saying I never took possession of the car. That made me question a few things. So, I went to get a copy of the title and it's in my name with NO LIENS. Don't I legally own the car?



Answer

Whatever claim of ownership you might assert under the circumstances

described would be subject to serious challenge by this dealership since you

are apparently without financing or the necessary funds to purchase this vehicle. (My opinion).



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