Legal Question in Consumer Law in California

the price keeps changing on my new car .

We bought a used pick-up truck from a local car lot. Asking price was $17,000. our trade-in was given a $5500. value, but we still owed $9000. We agreed on a payment and everything was great. Four days later we get a call asking to renegotiate the loan at a higher amount due to a higher than they expected pay-off on our trade-in. We sign the papers. The next week we recieve our new loan papers from our credit union at the original amount. one week later the car lot call us and wants the amount that differs between the original loan and the new loan. (The second set of papers we sighed. about $950.) We need to know what our legal options are at this point. Can they sue us for the $950.? can they keep upping the price to get their profit? please send us any info you can thanks


Asked on 5/08/00, 10:02 pm

1 Answer from Attorneys

Ken Koury Kenneth P. Koury, Esq.

Re: the price keeps changing on my new car .

they can keep raising the price as long as you keep agreeing to let them.

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Answered on 6/22/00, 9:57 am


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