[rere6151952]

I just went and bought a car on 10-13-08. I signed all the paperwork, put my deposit down and they handed me the keys and said congratulations. Now on 10-18-08 the finance man called and said I need to put more money down or they will not put the loan through. Can they do this after I signed the loan agreement. I signed all the paperwork. Is this legal to do.

[twinkiedooter]

I've heard of this scenerio before. Read what you signed to see if there are any contingencies such as that happening.

[ScottGem]

This seems to be a more common occurrence. I've seen several similar questions. Apparently it is legal, though most car dealers I've encountered won't let the car out the door until credit is approved. So it appears to be legal. On the flip side, you should be able to turn the car back on and get your deposit back.

[Fr_Chuck]

Sadly as noted, read the papers you have very closely, most likely what you signed was an agreement to find financing and so on. It is happening a lot lately.

[EbonieBarbie]

I had a similar situation happen. I put down the money drove off with car and then got a call a couple days later saying that my payments would be more because of the bank. I told them that they could not do that and it was illegal. They told me to read the fine print on the paperwork and that it was on there. I sat there with them in the office and read through all of the pares and no where did it say that they could do that. I told him that I was leaving with the catr and only paying what I signed to pay in the first place. A couple days later he called and tolds me to come in and sign the new contract with a smaller interest rate and lower payments. I read that over thoroughly and get the car for an even cheaper price than before. Moral of the story is not to let them push you around and call them on their crap.