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You purchased a truck and have driven it for a week now the dealership wants a cosigner is this legel or can you give it back and get your trade in?

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Answer

This is a case where the dealership believed they would be able to get you financed without a cosignor and let you take the vehicle. Generally, this is done when buying a vehicle after banking hours. If getting a cosignor was not discussed or agreed to then,yes you can return the vehicle and get your trade back. However, catch 22 in this situation maybe that they have already sold your trade-in.

Answer

Depends on what state you live in. If they are asking for something more than what is in the original contract for the purchase, yes you should be able to give back the truck. The hitch would be in your trade in. The dealer in most cases is not obligated to give your trade back but they will give you the dollar amount they valued your truck at.

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First answer by Witcheswheel. Last edit by Bagrok. Contributor trust: 34 [recommend contributor]. Question popularity: 8 [recommend question]

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