Wednesday, October 08, 2008

Did This Car Dealer Lie to the Bank?

Hi Tony,

I bought a new car about a month ago. I left without a bill of sale. When I realized this I called for days asking for my bill of sale. They kept giving me excuses.

Finally on Sept. 16th they finally sent me my papers. This deal was made August 2nd. Found out in order for me to get the loan my friend was suppose to co-sign for me. The dealer put his name first on the loan and me as the co-signer. He also told the loan people that we were married.

I guess we signed the papers so fast and did not take time to read all the fine print. Anyway the car was $17,000 and when we finish it will be $30,000. Did not notice this until we got the sale agreement in the mail.

Please help.
Hi,

If the dealer lied to the bank in order to get your loan approved, or if they did not disclose to you at the time of the sale all the details of the sale and the financing they could possibly have broken the law. You should contact your state Attorney General's office for advice.


I guess I don't have to tell you to read before you sign, and get copies of all the paper work the next time you buy a car! You can't make it that easy for them to get over on you!

Tony Iorio
http://www.InsiderCarSecrets.com
http://www.Car-Loan-Quotes.com
http://www.Used-Car-Warranty.com
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