Do I have to give my car back to the dealer if they say it isn't eligible for a particular incentive?

"Do I have to give the car back if I've already signed the paperwork? I purchased a car from the dealer and received 0% financing due to my credit score.

Now the dealer is calling me and asking me to bring the car back and work out a deal because my car wasn't eligible for the 0% promotion."

Answer provided by
Eric Schad
Answered on Jul 03, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“If you’ve already signed the paperwork for your new car, there’s little that the dealer can do to rectify the situation.
However, they may be able to cancel the purchase order within 10 days of issuing it, effectively canceling the purchase and the loan as a result.
If you’ve had the car for longer than 10 days, you probably don’t have to do anything.
The dealer might be trying to bait and switch you, or they could have made a clerical error they don’t want to admit. Regardless of the reasoning, you should go in and see what they want.
Don’t sign anything and just listen to the explanation. It could be a simple fix.”

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