What does it take to run a car dealership?

How long ahould it take for a car dealership to pay off my used car?

  • Hey, I recently bought a car at a local Nissan dealership here in the Dallas/Ft Worth area. They offered me too little initially for a trade in on my existing car, and we didn't trade the car in. We went ahead and bought the car that we were interested. About a month later, after no bites on the used car(it wasn't over priced), we decided we'd follow up with the dealership and see if they could offer us that same price. We were making double payments, and needed to get rid of it. We called the dealership, and they agreed to take the car for that same price. They said it would take 10-14 days for a check to be cut by their corporate office and sent to our bank. They would then mail us a check for the difference. We our almost to the 21st day, and our bank has not received a check or call for a payoff amount. I contacted our salesman via email today, and he said it just must be running behind. Should I be concerned??? The car is for sale on their used website now.

  • Answer:

    They have 30 days from the date of purchase. I am a title clerk in a dealership.

matjamfo... at Yahoo! Answers Visit the source

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Other answers

Did you contact the bank prior to doing this? I would contact the dealership manager by phone and voice your concerns. Has the bank asked for another payment on the car that was traded in? I have never heard of taking a car in trade after the deal was already done.

Otto

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