Re: Questions on buying Toyotas/Potential Car Salesman Shenanigans
It happens. Trade-ins are not supposed to be sold until the contract has actually been funded by the bank. They slip thru the cracks every now and then though. It can get ugly especially if we can't get the guy approved for anything. In that case, you just negotiate a value for the car and realize that guy will hate you forever and you'll usually end up in court defending yourself. You can only recover the value of the car as long as no fraud was involved. In most cases, the dealership will bend over backwards trying to make the customer happy when this stuff happens.
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