In Dec 2012, our son-in-law, who was working for a car dealership asked my husband to co-sign for a car. In the end, my husband ended up signing to buy the car under his name only because our son-in-law's credit is bad. Our son-in-law traded in our daughter's car for this purchase. Her car was also in our name and had a balance owing on it. The person who did the loan paperwork at the car dealership put the wrong payoff on the loan paperwork. The dealership paid off the trade-in car, but then then billed my husband for the difference. Our son-in-law now says the dealership should "unwind" the deal: Take the "new" car back and give my husband back the money for the car that was traded in. Can you give an answer to this?
I don't believe he was given a misrepresentation of the amount of the loan.
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Our son-in-law has not made a payment to us for the length of the loan and we are now trying to sell it.
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