by Helpless on April 23rd, 2009

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I need help, I purchased a used car from a Dealership in Reno Nevada, I put down $3000.00 as a down payment, the sales contract signed by myself and the dealership said $4500.00 as a down payment. The dealership said that I must pay the additional down.

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by tuttleman on May 30th, 2009
It must be because that was all they could get financed, the price of the car SHOULD NOT HAVE CHANGED, if so, CANCEL YOUR DEAL. BUT, the BANK, or lending arm, is who wants the additional cash down, not the dealer. Good news is your payments should drop $10 =$15.00 per month depending on the term. In todays BLEAK auto climate, getting a loan AT ALL can be a challenge, so maybe THIS BANK is just being CONSERVATIVE on how much it will loan, thus the additional monies down! Hope this helped!
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I need help, I purchased a used car from a Dealership in Reno Nevada, I put down $3000.00 as a down payment, the sales contract signed by myself and the dealership said $4500.00 as a down payment. The dealership said that I must pay the additional down.

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I need help, I purchased a used car from a Dealership in Reno Nevada, I put down $3000.00 as a down payment, the sales contract signed by myself and the dealership said $4500.00 as a down payment. The dealership said that I must pay the additional down.

Answers. 1 helpful answer below.

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