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What happens if the automobile dealer spot delivered a vehicle to you and after you’ve had the vehicle the car loan is not approved?

April 26, 2017Approved automobile car loan Dealer delivered happens spot vehicle

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What happens if the automobile dealer spot delivered a vehicle to you and after you’ve had the vehicle the car loan is not approved?

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After the loan is rejected the deal is off and you have to return the vehicle. The dealer must refund any down payment and/or return your trade in.