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

F_O_R answered 6 years ago

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

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