Car financing Question?

I traded in my old car and gave the dealership a down payment. They have already sold my old vehicle……. I have a contract stating the amount of my monthly payment and when it is due. I also have the new vehicle in my possession. Now they are saying that the company that was to finance me is not going to now because I’m a contractor and I live in an extended stay hotel. Will I have to return the vehicle if they can’t find a financier or is it their fault for proceeding this far?

This is a common problem. If the dealer can’t get you financed, he has not been paid for the car, and he certainly won’t give you a free car. Here’s an article that explains it in more detail:

http://www.leaseguide.com/Articles/dealer-car-back.htm

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