April L. asked

⚖️  Law

I purchased a used car using my credit union. The dealer was aware they wouldn't immediately have payment and my credit union required the title to be completed for payment. The dealer was aware of this and the title expense was included. The finance guy had me sign stating I carry full coverage and 'got approval' from his manager, telling me we were set. It's been two weeks and the dealer has paid off my trade-in. Today, I was told to finance with a different bank and then refinance with my credit union later because it could now take 6-8 weeks for them to get a check due to Illinois not doing title work. The dealership doesn't want to wait and wants me to finance through them or return the car. They have already paid off my trade-in. Am I required to return the car or finance again, or can I make them wait?

November 9th, 2024

Robert C. answered

The transaction likely does not require you to return the vehicle as it doesn't seem contingent on y...

November 9th, 2024

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