Legal Question in Business Law in Florida

automobile

Buying a car at a local dealership, I signed a 60mo financing contract. Two weeks after driving the car off, the dealer calls me and says that there was a mistake in the contract and that the company financing me approved the contract for a 72mo term. What are my choices here? We both signed the contract for 60mo - are they liable to pay the bank the other 12mo for the mistake that they made or will they just back out of the contract? If they don't want to back out and tell me I HAVE to sign - do I?


Asked on 6/02/08, 1:48 am

1 Answer from Attorneys

Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Re: automobile

Why not see if the company will change it to a 60 month loan. The payments are smaller with a 72 month loan, so you may like that better. They should change it to 60 months if that is your preference.

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Answered on 6/02/08, 8:51 am


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