I purchased a new vehicle a month ago traded in my vehicle and gave 4000 down. The actual deal is under my parents name but the extended warrenty and down payment was under my name... the dealer took 4 weeks after deal to verify employment and by that time my father was laid off now the deal fell through my tade in is sold and they now want the vehicle back and agree to give me the equity of 500 for the trade, as its been sold and paid off, and the 4000 down... what type of attorney should i look for?
To answer your specific question re: type of lawyer, an attorney who is familiar with consumer protection (DTPA - Deceptive Trade Practices Act) should be able to help you. Now, to address the issues raised by your questions- the contract is between the dealership and your parents. So, they would be the ones with the cause of action. Whether your parents have a cause of action depends on whether the dealership's ability to obtain financing was a condition of the contract. Your parents also need to review the contract to see what it says about how much time the dealership has to secure financing. As for your trade-in, since the dealership has sold your vehicle, they are generally required to give you either fair market value or trade-in value, whichever is higher (value after paying off the note on your vehicle - you should call the lender for your trade-in vehicle to confirm that the note was actually paid off.) Good luck!
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