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Question: Went to a used car dealer and found a car I wanted. Made a $3000 down payment. A week later dealer calls me and ask if could come in a sign some paperwork get there and he tells me that the bank didn't approve financing. He says its because my work history wasnt accurate and that this broke the contract I signed. They refund my down payment and want to force me to spend it with them.What can I do?

Answer: See our article on Used Automobile Buying Tips.

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QUESTIONS

  • Went to a used car dealer and found a car I wanted. Made a $3000 down payment. A week later dealer calls me and ask if could come in a sign some paperwork get there and he tells me that the bank didn't approve financing. He says its because my work history wasnt accurate and that this broke the contract I signed. They refund my down payment and want to force me to spend it with them.What can I do?

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