Trappe, Maryland; Town: Motto(s): 19th Century Charm - 21st Century Progress Location of Trappe, Maryland: Coordinates: Coordinates: Country United States: State Maryland: County: Talbot
When buying new cars, if you ignore our advice and you trade in a used car which you still owe money on, insist that the dealer put in writing that they will pay off your car loan in 10 days or no deal. Then the dealer is liable because you took steps to protect your rights up front.
How many days does the dealership have to pay off your trade-in? I bought a car from a dealership and traded in my car. They were suppose to pay it off. How many days or how long does it normally take for the dealership to pay the balance of what you owe? Also, what does the dealership do when they can't find a bank to finance my auto loand? Do they take the car that I... show more I bought a car from a dealership and traded in my car. They were suppose to pay it off.