Need information on new auto loan with capitol one?
First off before I start my question I really don't want mean answers I been trying to get an answer for a bit now and it's annoying if you don't know what your talking about and are rude.
I financed a car at a delarship yesterday. Got approved for 13k and the car in Total was 12k and I also traded my car in and out $700 down. I called capitol one, finance department, and they said they will not know if the loan is finalized until they get the contract and finalize. Does approval mean I got the car or not? And is it a real set price of monthly payments. I don't want the car dealership calling later within the week asking for the car back. I heard many horror stories online about people getting scammed they will call days later saying the financing fell though. It's my first time buying a car and I need real help. Anyone get me? Note I bought this at a ford/Lincoln dealership.
Contact local banks and credit unions as you May need other options.
Car dealer let you take it, they will find financing.
you may need second jobs though.
I bought this at a ford/Lincoln dealership.
First, learn how to spell Capital One, get me?
And haundi? You can't read it off your car? Get me?
Drive the car back & leave it there until Capitol one calls.
Hint, you will be waiting forever. They don't exist.
The way to avoid the situation of the dealer wanting the car back is to have financing completely done before you take the car. In other words, the bank has fully approved your loan and written a check to the dealership, which you take to the dealership, sign the final sales document, and then drive away with the car.
Being told something on the phone does not mean that it is true.
Until you are told something in writing, it might not be true. (Sometimes even if you are told in writing, it might not be true.)
If the financing falls through, you can't just give back the car. If you don't keep the car, you have to pay some money for having had the car for however long you had it.
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