ANSWERS: 3
  • That's a sticky situation. No they can't, but yes they can. You signed the back of the title, which, in effect, relinquished your ownership of the vehicle to whoever signed as buyer. FYI, you are still on the hook for the loan they didn't pay off. You need to keep up on those payments or ruin your credit. As always, consult with an attorney, as I am not one.
  • Yes. This is a simple contracts question. You are the one that breached, which does not affect the dealers rights.
  • Well I spoke to my finance company and he said that I would be able to back out of the deal..And told me to seek legal advice....

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