My daughter was talked into signing contracts to buy a new car - that she can't pay for?

My daughter%26#039;s car broke down and her boyfriend (who has now left) and his father was supposed to tow her car somewhere for an estimate to repair it (it%26#039;s a cadillac) and they towed her to a Toyota Dealership and she was talked into signing contracts to purchase it (brand new 2008 car) - to come back with a check to pay it in full and a second contract to finance it, and they let her leave with the car keeping her cadillac (which I, her mom have the title too) and she doesn%26#039;t have a job, so they couldn%26#039;t possibly get her financed and they did not check to see if she had the funds to pay for it in full. The boyfriend talked her into loaning the car out a couple days after she got it and the people got into a wreck and left the schene of the accident. The other driver was at fault, but has no insurance and my daughter%26#039;s auto insurance won%26#039;t pay to fix the car (over $10,000 in damages/maybe totalled) because she was not driving the car when it was wrecked. ANY ADVICE?

My daughter was talked into signing contracts to buy a new car - that she can%26#039;t pay for?

Thorn is right as far as if the car still had dealer plates, then they also have insurance. She should have signed a notice that states if she were in an accident, her insurance would cover it, however if not, the dealership would typically with $1,000 deductibles.

The problem is the driver was not insured. If the loan is final and she has taken delivery, then she will have to deal with it. Otherwise, it%26#039;s still the dealerships car and they will have to have the vehicle repaired, but since she signed the agreement, she will probably be liable for the deductible. You might want to see how the dealership handles this and if you need, consult an attorney.

So basically, if she is not approved for the loan, then the car still belongs to the dealership and it%26#039;s the dealerships responsibility and is the risk they take in doing a spot delivery.

My daughter was talked into signing contracts to buy a new car - that she can%26#039;t pay for?

Get a lawyer, sounds like you are going to need one

My daughter was talked into signing contracts to buy a new car - that she can%26#039;t pay for?

She got hosed ! Lawyer time, creditors will be knocking on your door pretty dang fast!

One thing that is sure that will happen, the credit is ruined for all of you. This are a couple of cases altogether. If she never took the car from the dealer, it could be possible to reverse the purchase. You have a X amount of days to return the car. But she took it and not only that, made the very bad decision to let someone borrow it and wrecked the vehicle.

No to be pessimist, but you guys are in a world of legal trouble. A lawyer is need it for this.

My daughter was talked into signing contracts to buy a new car - that she can%26#039;t pay for?

I agree with Dave..this is hoplessly complicated. I%26#039;d go get the Cadillac back first of all..she can%26#039;t sign over a car that%26#039;s not in her name. Without financing there is no deal...so I would contact your Attorney Generals office..this whole thing sounds shady...I don%26#039;t want to make fun of your daughter..but damn did she do a dumb thing.

My daughter was talked into signing contracts to buy a new car - that she can%26#039;t pay for?

Sounds like she has a problem with saying no. Did they hold a gun to her head to sign the papers? She obviously had something to show as income or they would not have let her take the car. It looks like you will need to take the at fault person to court and hopefully, they will have assets you can attach for a settlement.

My daughter was talked into signing contracts to buy a new car - that she can%26#039;t pay for?

since she doesn%26#039;t have the money to pay for the car in the first place, she would have to bring the car back anyway. Now, she%26#039;ll have to bring the wrecked car back to toyota and they%26#039;ll have to sue her for the money.

My daughter was talked into signing contracts to buy a new car - that she can%26#039;t pay for?

the main problem here is that more than likely the vehicle is totaled. For most insurances if the damage exceeds 35% to 45% they consider it a total loss. The problem with that is that the insurance is right,, they dont have to pay for it, because the insured person was not in the car at the time of the accident.

now even though the dealer did some shady things to push your daughter into a car she is still liable for the cost of the vehicle, because she signed papaerwork and drove off with it.

honostly I think your best bet is to explain all this to your local news fraud center ( i.e. 7 on your side ) ( fox shame shame shame) and have them put the dealer on the 10:00 news!

you would be amazed how quickly they are willing to accomodate when the are being completely slammed on national tv!

also check with your state attorny general and consumer affairs center

My daughter was talked into signing contracts to buy a new car - that she can%26#039;t pay for?

Can you say SCREWED.

I%26#039;d be calling an attorney, she%26#039;s going to need one. Your daughter (assuming she%26#039;s of legal adult age) will end up being responsible for paying for that car and the damages.

My daughter was talked into signing contracts to buy a new car - that she can%26#039;t pay for?

Was she on dealer plates? If so, don%26#039;t worry about it. The dealerships insurance is responsible. Don%26#039;t let them tell you different.