Just purchased 2 new to me vehicles. Traded in 2 as well. Signed all paperwork including financing with a credit union that the dealer utilizes. Now, 2 weeks later they tell me to call the credit union because they are having trouble with the financing. All they needed was to resign something because my wife’s name wasn’t printed on it..
but through that discussion I find out that the financing does not cover gap insurance, which the dealer said it did. I carried some negative equity on one vehicle (I know, stupid move but had no choice) so I wanted gap.
Dealer will not add the gap insurance that they said would be included. Will be an additional $350. And that I need to sign by Monday because I’m technically driving their vehicles, my trade-ins are already sold.
I did sign the purchase agreement, so can’t back out.
What would you do? Sign the financing and pay the $350 as it is not a significant amount? Find your own financing? Try to return the cars..?
Dealer will not add the gap insurance that they said would be included. Will be an additional $350. And that I need to sign by Monday because I’m technically driving their vehicles, my trade-ins are already sold.
I did sign the purchase agreement, so can’t back out.
What would you do? Sign the financing and pay the $350 as it is not a significant amount? Find your own financing? Try to return the cars..?