Hello and thank you for allowing me the opportunity to assist you.
All of your questions are answered by the sales contract
. You do not have to do anything that the sales contract doesn't require. Typically, sales contracts for autos will state that you have to accept any reasonable financing they find. But if they cannot find any financing, then they typically cancel the sale and require the vehicle to be returned. It was stupid of them to pay off your car note before finalizing the other transaction. Unless the contract explicitly states otherwise, I think you have a good argument the dealer paid the loan
at its own risk, and that you are not liable for it and have no obligation to take back that car and repay the dealer. On the other hand, if the contract states that you must take back your car and reimburse the dealer in this scenario, then that is your obligation per the contract, and the failure to do so could result in a lawsuit for breach of contract
. Accordingly, you should study the contract. If the contract is silent about what happens in this situation, then I think that you would win the argument if they demand that you take back the car and reimburse it.
Does that answer your question? Please let me know if you need clarification, as I am happy to continue helping you until you are satisfied. Also, your positive feedback is much appreciated.
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