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Asked in GA May 19, 2022 ,  0 answers
I purchased a new car with a trade in. I owed my lender 11,500 on my trade in. The dealer allowed my 7,500 for my trade in. The add the full 11, 500 back to my new loan. I thought they were only supose to add the difference still owed to my lender back to my new loan am I right or wrong.
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2 Answers

Anonymous
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Posted on / Sep. 25, 2011 13:07:00

What anyone told you they would do is irrelevant.

What the loan papers that you signed say are the real numbers. If you signed and failed to read what you signed, and thus overpay by $4000, then you cheated yourself by not reading the papers and you cannot complain now.

If you received a statement that DIFFERS from your signed papers from the dealer and the loan company, then you do have a valid complaint.

Anonymous
Reply

Posted on / Sep. 25, 2011 13:07:00

What anyone told you they would do is irrelevant.

What the loan papers that you signed say are the real numbers. If you signed and failed to read what you signed, and thus overpay by $4000, then you cheated yourself by not reading the papers and you cannot complain now.

If you received a statement that DIFFERS from your signed papers from the dealer and the loan company, then you do have a valid complaint.

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