not if you've taken the car off the lot
No, they cannot take your vehicle without a signed document.
I signed a contract yesterday in masschusetts for a car and wish to back out there was no money put down on this vehicle.
Yes they can report the vehicle stolen, but as long as you have a copy of the contract that is signed by both parties and a receipt of the purchase and/or money order receipt, there is nothing that they can do about it. It would just be a waste of time for them to try. Hope this helps.
like 200000 if it is by some one famus It depends on the player were talking about
You signed a contract and now you want to change your mind? What do you think? A contract is a legally binding agreement between 2 parties that is enforceable in law. You signed the contract and you are bound by it. If the contract included you trading in your car then legally you must trade it in. Do otherwise and you are just asking to be sued. You will loose the suit if the contract is in order and will be out more money.
If you signed a contract to buy the car, it is legally binding. That fact that you have not parted with any money is a mute point. You signed the contract, and that is all that matters. Ask the seller if they will release you from the contract and be very nice about it.
Having worked for many years as the director of the finance department in an auto dealership, I can tell you with certainty that signing must accompany "delivery". That is, if you both signed AND drove off the lot -- OR -- signed AND had it delivered to your home, then you own it -- you might as well start paying the bill. If all you did was sign but never took delivery, then the dealer cannot legally force you to take the contract or vehicle. If the dealer attempts to "get funded" for the contract (get the money from the bank who is financing your vehicle), then all you have to do is simply call the bank and tell them you never took delivery of the vehicle -- they will pull the funding immediately. Furthermore, if the dealer is requiring you to sign another contract, this is illegal. You can re-sign if you want, but the first contract is legally binding (assuming you also took delivery).
There are a couple of answers. If you are talking about a Purchase Order or Proof of Sale, then you can give it back with no money exchanging hands. But if your talking about a Bank Contract, then no, it is binding the moment you inked the paper with your name no matter whether you have the car or not. The contract is between you and the bank for money to pay for that specific vehicle.Unless you contract is flawed in some way (i.e. not signed by the dealers business manager, no bank listed, missing signatures from either party) you are the proud owner of a vehicle.
You need to review the contract you signed to determine what terms you agreed to. That contract should be reviewed by an attorney.
Via Court of Law
not a chance of winning!! You signed a contract that stated "as is" do not waste your money on a law suit cut your losses and move on.
Once they have signed a contract or the player received a franchise tag