Can the dealer back out of our contract?

Asked by Gene Jul 31, 2018 at 03:19 PM about the 2019 Honda Fit

Question type: General

I purchased a new 2019 Honda, the advertised terms are 4.9% interest rate. After negotiating the purchase price, the financial manager got me qualified at 1.9%. He wrote up the contract with the financing of 1.9%. He ran through the contract explaining what the fees and charges were. Even told us of the 1.9% interest rate. We all signed. Eight days later the financing manager calls me telling me about the error in the interest rate, he wants me to sign another contract or give the car back. What can I do?

3 Answers

I would tell them you have a written legally enforceable contract and to pound sand.

1 people found this helpful.

Your Answer:

Fit

Looking for a Used Fit in your area?

CarGurus has 175 nationwide Fit listings starting at $5,989.

Postal Code:

CarGurus Experts

  • #1
    Crfr
    Reputation
    470
  • #2
    GuruY8JG7
    Reputation
    430
  • #3
    miquel1955
    Reputation
    420
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Honda Civic
192 Great Deals out of 4,047 listings starting at $440
Used Toyota Corolla
138 Great Deals out of 2,314 listings starting at $103
Used Toyota Yaris
14 Great Deals out of 191 listings starting at $2,449
Used Honda CR-V
181 Great Deals out of 5,013 listings starting at $440
Used Honda Accord
57 Great Deals out of 961 listings starting at $2,995
Used Toyota Camry
44 Great Deals out of 1,134 listings starting at $4,795
Used Toyota Prius
14 Great Deals out of 196 listings starting at $2,028
Used Honda HR-V
35 Great Deals out of 1,237 listings starting at $9,995
Used Honda Civic Hatchback
16 Great Deals out of 462 listings starting at $12,995
Used Mazda MAZDA3
71 Great Deals out of 1,303 listings starting at $3,499
Used Toyota RAV4
127 Great Deals out of 3,065 listings starting at $4,999
Used Toyota Corolla Hatchback
18 Great Deals out of 352 listings starting at $11,990
Used Honda Civic Coupe
12 Great Deals out of 266 listings starting at $2,795
Used Ford Fiesta
3 Great Deals out of 172 listings starting at $4,300

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.