TegGSR2CivSi
Member
- Joined
- Feb 7, 2018
- Threads
- 2
- Messages
- 8
- Reaction score
- 1
- Location
- California
- Vehicle(s)
- 2017 Civic Si Sedan
- Thread starter
- #1
Hello All,
New to the civicx scene - first time post!
I need opinions and advice on the Si I just purchased in regard to dealing with the dealership finance office.
Here's the background:
At this point, I'd prefer to not do business with them, as this reeks of yo-yo practice, so unwinding the contract would be preferable.
My question - do I have to comply with providing more loan application information now that we've long since signed paperwork (+12 days since signing)?
It seems at this point I can just say "we agreed and signed a contract of sale. You collected my financing information and told me I was approved for the loan, I'm not providing any more information to secure a loan. Either provide the loan on the terms we agreed upon, or I'll return the car".
Can they obligate me to provide more information and make me jump through more hoops to meet the contract? Or is this a "hey you're supposed to do this IF you want the financing" (which at this point I want to unwind the contract)?
Thanks for your opinions and advice on this!
New to the civicx scene - first time post!
I need opinions and advice on the Si I just purchased in regard to dealing with the dealership finance office.
Here's the background:
- Bought a '17 Civic Si in California from a Honda dealership
- I have excellent credit and financed a majority of the price of the car
- I filled out a credit application form from them (i.e. provided whatever information they wanted for financing) and was approved.
- I asked and was allowed by sales and finance departments to make a down payment on a credit card (for the reward cash I'd get back later). CC payment went through and has since cleared, so no problems there.
- Finance said loan was approved and Capital One would call me to finalize loan.
- Got a call about 9 days after the purchase from the finance manager saying loan was rejected (go Capital One!) because down payment was made with a credit card. So IMO, the dealership has now messed thins up.
- Finance guy said I'll have to bring him a cashier's check and they'll refund my already posted credit card charge they made. So IMO, he's trying to pressure me to fix his mistake.
- Our contract says specifically the "seller can't change the financing or payment terms" unless both parties agree in writing. They accepted my credit card and contractually they can't go back on that if I refuse. I refuse to do so - I haven't appreciated how I've been treated this entire deal with them since my purchase (I asked the sales guy for assistance with all of this and even he passed the buck).
- I own another car, so I'm not hurting for a car if the Si ultimately gets returned. At this point, that'd be the preferable route for me, but I'm fine too if the contact goes through.
At this point, I'd prefer to not do business with them, as this reeks of yo-yo practice, so unwinding the contract would be preferable.
My question - do I have to comply with providing more loan application information now that we've long since signed paperwork (+12 days since signing)?
It seems at this point I can just say "we agreed and signed a contract of sale. You collected my financing information and told me I was approved for the loan, I'm not providing any more information to secure a loan. Either provide the loan on the terms we agreed upon, or I'll return the car".
Can they obligate me to provide more information and make me jump through more hoops to meet the contract? Or is this a "hey you're supposed to do this IF you want the financing" (which at this point I want to unwind the contract)?
Thanks for your opinions and advice on this!
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