Can a dealership change the annual percentage rate after the contract is signed ?
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yes it may be possible but the choice ....
Can a dealership change the annual percentage rate after the contract is signed ?What does the contract say?
Is it a fixed rate loan or is it adjustable to the prime?
Can a dealership change the annual percentage rate after the contract is signed ?Oh, they can try to get away with anything. It's up to YOU to not let them. Your best bet is to play hardball, and say either I get my rate that I signed for, or give me my money back NOW. They're scamming you, so I'd walk away from this place FAST, WITH your down payment in your pocket. If they play like this, don't expect better treatment at service time, either. Good luck,
- The Gremlin Guy -
Can a dealership change the annual percentage rate after the contract is signed ?Is he trying to lower your rate or raise your rate. You didn't answer that. Since you have already signed a contract at a certain rate, then that rate should remain in effect until the contract is ammended or revised.
Can a dealership change the annual percentage rate after the contract is signed ?Usually when the dealership has you sign a contract they are carrying the loan and most likely it is the worst interest rate possible.
Maybe he is trying to get into a better rate, otherwise you have a grace period to shop around, your bank, a credit union for a better rate. If the dealership cannot qualify you for the loan rate on the paper you signed on you can take the car back
Good luck, and I hope it's a kick *** car!
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