Legal Question in Consumer Law in Illinois

We purchased a used car 3/31/2011.After haggling on payments we agreed to pay $448 a month for 60 months instead of 428 for 72 months. Lots of documents signed and when we got home the term of the loan is 72 months. I called the dealer same day and told them that it was a mistake. The Business Manager said that we already drove it off the dealer lot and its our car now and was signed.I'm still waiting for a return call from the General Manager. What is our recourse if they decline to change the term. Thank you for your help.

Asked on 4/02/11, 6:50 am

Burton Padove Indiana and Illinois Lawyer, Burton A. Padove

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You may be able to refiance the car elsewhere. Without seeing the paper work I really cannot tell you what recourse may exist.

Answered on 4/12/11, 5:58 pm

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