I recently bought a car, but upon looking closely at the documents it seems that the prices are all jacked up. The car was originally going for $23,000, and they raised it to $25,500. Along with that they added a service contract ($2,500 more) on a totally different car - we checked the VIN numbers and found them to be different. We never signed the service contract, but it was on the bill. They also lied on my auto loan on my occupation and how much my annual income is. I don’t want to run into problems later down the road because the dealers scammed us.
If you signed the contract, this means those are the numbers you are agreed to. If you agreed to the numbers, how can you say you had been scammed?
I suggest that you notify the bank of the false information and confirm in writing. Also ask for a copy of what the dealer submitted. If the bank refuses to purchase the contract it may fall through. However if the bank chooses to go ahead and there is nothing wrong with the car you are stuck.
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