What they told you is likely not relevant if you willingly signed a contract that states the terms of the purchase. What does the contract say about a warranty or repairs? If you signed documents you knew were wrong, then you might have a problem with the finance company and may be equally liable for the false information you agreed to by signing. Either way, we don't have the contract to review so you'll need to have a lawyer look over it.
If someone attacked you, or threatened to attack you, you should have immediately called the police.
I agree with the other attys. Also, $1,400.00 sounds like an awfully large "bank fee". I've had clients buy houses with lower "bank fees"! And the 6k you put down doesn't really matter if it was cash or a trade-in as long as you were given credit for it on the new car price. The bank finances you on how much you're borrowing, what your credit rating is and how much you will owe them as a percentage of the new vehicle's value (and other variables, such as your income, employment, etc.)The 6k will help that ratio whether it is from a trade-in or cash. You need to have a lawyer review your warranty, if any, and your loan documents to make any further determinations as to the bank's propriety in the matter and as to the sensor light issue. In Georgia, a salesman is permitted to "puff", meaning he can tell you the car is made out of solid gold, but if it is not in the written agreement, you lose unless his puffing rises to the legal definition of actual fraud.
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