Legal Question in Credit and Debt Law in Virginia

We purchased a car from a dealership. All we had was the trade in. My husband called and got the 20 day pay off amount from our lender, as the dealership requested. They said they would work out a deal and call us back when it was ready. I went in alone to sign the paperwork and the amount they were paying off was $1000 less than what we quoted them. I explained this to them and they said it was the amount the lender agreed to. I signed off on everything. I've already made two payments on my new car and they have already sold the car I traded in. Now they are saying that I owe them $1000 because they amount they agreed to pay off was less than the amount we owed. They have a paper I signed saying I agreed to that condition only that is not how it was explained to me at the time I signed. Now they want this money. The big problem, the car we traded in was not in my name at all but it is my signature on their payoff document. Is that a legally binding document? They were dishonest with me and now they want money that I never agreed to pay them, it's not in ANY of my paperwork.


Asked on 10/01/11, 11:24 am

1 Answer from Attorneys

Michael Hendrickson Law Office Michael E. Hendrickson

If you signed the purchase agreement/contract agreeing to the condition

that you've described, then it's highly probable (in my opinion) that

you're legally obligated to comply with this condition--irrespective of your

claim as to how it was allegedly explained to you.

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Answered on 10/03/11, 9:00 am


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