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They call me back and say that the manufacturer is not running that deal anymore so there needs to a new lease signed with a few changes.Do I have to accept there new lease or can i hold them to this lease since all the papers have been signed.If i do not agree to there new lease can they take the car back?
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if all the papers are signed they can't do jack. i'll bet you they are trying to get you into a new longer lease. i had bought a car a few months back and the day after everything was signed the dealer called me and said they needed an extra $2000 down. i told them where to stick it and 6 months later the car is still mine.
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No, the contract you signed is void the manufactuere will not honor. Take your business else where. They are setting you up for something. GET OUT while you still can.
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Tricky one. You signed that lease in good faith, yet they were probably genuinely unaware that this particular agreement had been scrapped.Is the new agreement not as good as the old one? Have you studied it closely? Would you really lose out by signing it?Without knowing all this, I can only say look at all alternatives, decide whether it would be worth a legal battle, which you may lose, to get them to honour the first agreement, then decide whether to sign the new one or take your custom elsewhere.
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take it back. problem is, did you trade in your old car, and if so have they already gotten rid of it.i had a friend and the dealership called to say the terms had changed (he got it on a friday afternoon) and he put about 500 miles on it. he told them he didn't agree to the new terms. they may try and browbeat you, but be strong.
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If the dealer's finance company won't approve the lease deal, the dealer hasn't received his money for the car, which means the car still belongs to him, regardless of documents you signed.This could be a scheme to get more money from you, but probably not. Most likely, the dealer simply was ignorant that the old promotional deal had expired. You could sue him for being stupid, but if the finance company won't approve the deal, you have the right to return the car.
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If the programs changed and the lender rejected the terms, then your contracts are void. If you do not agree with the new terms, you can refuse to sign and give them the car back. A 'deal' is never truly a 'deal' until it is financed, regardless of who signed what papers.It becomes tricky if you had a trade or put money down for the car, however, you have the right to refuse the new contracts. Good Luck!
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If it were a special manufacturer backed lease program, then you can find out when it expired. If your lease was well within the valid date, then they are trying to pull a scam. I would probably ignore them..... but if you don't receive a statement from the bank within 30-60 days, then they were probably telling the truth. I'd keep driving it until they either threaten to call the cops or tow it away.
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you do not have to ecept the new terms. they can take the car back but you can fight them on the lease. check out the state law on leases some state state that once a lease is signed and delivered the dealer must uphold the contract. if not make them diccount the car so you can get back to the same terms. hope this helps
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