I really need help about auto financing and a wrecked car law...?
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I purchased a car 21 days ago. The dealership drug their feet on getting the car funded from the lender. The car was wrecked and may be totaled. So I have a possibly totaled car on my hands that the bank hasent funded the financing for. So NOW I get a call from the dealership saying they are missing a piece of information they need to get the loan funded. (this only after I found out that the car was never registered in my name, and had trouble getting it towed. I had to call the dealership) I told them what happened and they are basically wanting me to lie about the car to the finance company to get the car funded. They never came out and said it, but they are jumping around the subject. I don't know what to do. The car isn't in my name. My insurance company is paying for it which is fine because I wrecked it. I just don't want to lie, and now I have to jump hoops because the dealer drug their feet. What should I do and what is the law. Should I just keep the finance co. out of it?
I really need help about auto financing and a wrecked car law...?There are several unrelated issues here. What happened was the dealer "spot delivered" the car. What they did is let you take the car, assuming that they could get you financed! They did all the paperwork and depending on the state, may have issued you a temporary tag!
The fact that your financing was not yet approved does not mean that you are not responsible for the car! The dealership made sure that you had insurance prior to allowing you to take the vehicle!
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