On my finance agreement it says you can terminate contract if you have payed over half and return the car with nothing t to pay back is this true Asked by bethanyc 6 days ago Similar questions: finance agreement terminate contract payed half return car Business > Financial Planning.
Similar questions: finance agreement terminate contract payed half return car.
If that's what the contract says, then that's what is true - read the fine print; I bet there are a ton of exclusions and "outs" for the dealership.
Thanks I will read it again bethanyc 6 days ago .
If it's in writing, you can be sure it's to their benefit. Think about it: you've paid for half a car ( well actually, much more, as the interest is really high at the beginning, so you've probably paid AT LEAST what the car cost), and you're going to end up with NO CAR. They end up with a used car, probably worth a bit more than half.So they end up ahead.
Also, they may let you out of the contract, but they can probably file a negative credit report on you, as you did not fulfill the terms of the contract. In general, if they let you do it, it's not to your benefit.
You need to look at the contract. A while back Hyundai had a deal if you were laid off within a year after buying the car, you could return the car and the auto company would buy it back from you. (Give you back the payments you made so far.)You have to read the fine print to make sure there aren't a lot of t's to cross and i's to dot before you qualify for the termination clause.
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I am planning to invest in a small business. What is registration rights in a share purchase agreement?
Is it possible after two half year on a 5year agreement that I can give my car back to the finance company.
I signed a licensing agreement with a landord. Who was to countersing and return. They didn't return it.Is it valid.
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