bought a vehicle in july. put a large sum down for a vehicle for busines purposes. set up with lender first payment due on 8/25 spoke with lender on 9/16 made arrangements to pay payment. payment made on 9/24 online payment cleared account on 9/26. truck repo'd 10/5.
lender sent letter to dealer requesting them to buy back the loan. Letter informed dealer to no repossess the vehicle if the check to lender had not been cut and cleared the account.
Dealer is the one who repossessed the vehicle. Now dealer states that they will not release the vehicle back to us unless they have an order from the court signed by a judge. Dealer still has not cut the check to lender. lender states that they DID NOT request the repo.
What can I do. I have now lost 5 days of business, customers and brokers do to this. This dealership has crossed the line and will not own up to their mistake.
Please help.
lender sent letter to dealer requesting them to buy back the loan. Letter informed dealer to no repossess the vehicle if the check to lender had not been cut and cleared the account.
Dealer is the one who repossessed the vehicle. Now dealer states that they will not release the vehicle back to us unless they have an order from the court signed by a judge. Dealer still has not cut the check to lender. lender states that they DID NOT request the repo.
What can I do. I have now lost 5 days of business, customers and brokers do to this. This dealership has crossed the line and will not own up to their mistake.
Please help.
Repossession: Wrongful Repossession
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