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i bought a car from a company i use to work for. they sell used cars and finance them buy here buy here. i was the sales manger of the company and i work in every field of the company. i bought a car and when i was leaving the company the owner took my car that we have a contract on. now i dont have the vehicle and they want me to buy the full amount owed on the car which i do not have.
Optional Information: Country relating to Question: United States State (if USA): Florida Already Tried: asking for them to honor the contract and i have tried apply for loans ant my back
What were the terms of the purchase agreement you had with them? Did the contract provide that the car had to be paid in full upon termination of employment?
i sign a contract to pay weekly $100 until i covered the loan of $4700 no interest. i now owe 3700. i have not missed a payment. but i did leave the job. this happen Friday 07/06/2012. and the contract only spoke of the loan. nothing was mentioned about the whether i was employed or not
his reason for not continuing the loan is because he can not trust me and he only finances people trust. which is funny cause he sells used cars to people who have bad or no credit
If the contract did not say he had a right to keep the vehicle if you quit, he is in breach of contract and you have a right to sue him for breach of contract and conversion of your property for illegally taking the vehicle from you. As you had not defaulted on the loan he had no legal right to take the car and you have the rights to sue for damages and breach of contract.
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