I purchased a new car with a trade in. I owed my lender 11,500 on my trade in. The dealer allowed my 7,500 for my trade in. The add the full 11, 500 back to my new loan. I thought they were only supose to add the difference still owed to my lender back to my new loan am I right or wrong.
Answer
No one here has the documents, but it is your job to make sure the documents are correct before you sign.
Answer
What anyone told you they would do is irrelevant.
What the loan papers that you signed say are the real numbers. If you signed and failed to read what you signed, and thus overpay by $4000, then you cheated yourself by not reading the papers and you cannot complain now.
If you received a statement that DIFFERS from your signed papers from the dealer and the loan company, then you do have a valid complaint.
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