My current car has £3000 outstanding and i thought that it had £1200 so when the sales guy was doing the figures i said that i could afford about £160 a month....but because there was so much outstanding i would have to pay at least £202 a month.....the thing is i signed the form thinking i would only have to pay £160 a month and now realise this is not the case......
...1. under one of the clauses it says ( In the event of the manufacturers or Concessionaires recommended price for the goods being increased the amount of such increase which the seller intends to pass to the purchaser shall be notified to the purchaser. the purchaser shall have the right to cancel the contract within 14 days of the reciept of such a notice..
2.If the contract be cancelled under provisions of clause 2 or 3 hereof the deposit shall be returned to the purchaser and the seller shall be under no further liability.....
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IM A AUTO FINANCE MGR AT A DEALERSHIP,
IF YOU SIGNED A PAYMENT CONTRACT IT SHOULD HAVE HAD THE PAYMENTS ON THERE,IF YOU SIGNED A BLANK ONE THAT'S WHY YOUR PAYMENT RAN HIGHER...
IN MOST U.S STATES ONCE YOU TAKE DELIVERY YOU OWN IT, BUT IF ITS FINANCED YOU CAN STILL CALL THE LENDER AND STATE YOUR CASE AND SEE WHAT YOU CAN DO....
HOPE THIS HELPS
You mean his decision cost your family many thousands of dollars. Morally, he should be responsible to pay the debt for you. Legally, that's probably not the case. You signed the contracts, you're obliged. Count it as an expensive lesson learned. This is why most all wedding vendors want deposits and cash upfront, weddings don't always happen as agreed to. I also wouldn't say his act was irresponsible. It seems more responsible to delay a wedding than to go through the motions when you're not ready for it. I bet any trouble you're dealing with would be cheaper than if he had gone through with the wedding and then filed for divorce.