In The News Today...

Quote: DoubleGold

That's funny. LOL


So if I win, are you going to sign everything you have over to me for nothing in return?

Quote: ams288

You wouldn’t win. SCOTUS is never going to hear this case.

Quote:

Even after you think you bought a car, dealerships can 'yo-yo' you and take it back

"I received a phone call from the finance manager of the dealership," Darren Johnson says. The manager told them the financing for the car had fallen through and if the couple wanted to keep it, they had to come back and sign a contract with different terms.

"I was kind of confused," Johnson says. "I thought this was a legally binding contract. ... We've had this vehicle at home. What do you mean it's not financed?"

Most of us would be confused too. But odds are good that in the paperwork you signed when you bought your own car, there was some legal language saying the sale may not really be final. It often asserts that if the car dealer has trouble with the financing on its end after the sale, it can later cancel the deal, try to get you to agree to different terms, and take the car back if you refuse.

"It does happen all too frequently"

NPR has found that this happens regularly around the country — sometimes with painful consequences, such as losing your car or even getting arrested — and that tougher rules for car dealers can make a difference. All this is especially relevant right now, as the Federal Trade Commission is in the midst of drafting new rules for dealers.

In the Johnsons' case, the new deal raised the price of the car, paid less for their trade-in vehicle, and removed an insurance policy they had in the first deal.

The Johnsons signed the new deal because they wanted to keep the car. But then a week later, they say the dealership told them they had to sign yet another deal.
"At that point, it just all seemed really fishy," says Darren. The couple refused to return and sign it.

The dealer, Greenway Hyundai Orlando, sent a tow truck and repossessed the car.

Meanwhile, documents show that Greenway had already sold their trade-in.

Quote: rxwine

Never heard of this, but I guess if it’s got a name it must be common enough.

Quote: rxwine

Never heard of this, but I guess if it’s got a name it must be common enough.

Quote: rquiredusername

Assistant secretary for health “Rachel” Levine says “medicine and science are being politically perverted.”

Always good to be self aware I suppose…. the irony is a little bit too much sometimes.