Dealer won't send terms of loan/contract?
Hey guys, Going to pick up our new camper from a dealer in Oregon on Thurs. Everything has been done over the phone and online, but when I asked for them to send me the contract/loan agreement ...
Forum Discussion
RL Rahe wrote:
joeshmoe
They should be able to send you a buyers order with sales numbers but sending an unsigned bank contract is problematic. That is in the package that needs to kept in secure document area at the dealership by law. I would be uneasy sending an unsigned bank contract as well.
It is not a contract until it is signed. I own a dealership in Illinois and there is no such law or regulation on the books.
If the customer wants a copy of the Retail Installment Contract to review in advance of signing, there is no reason why that cannot be supplied to the customer.
In fact, ALL BUYERS should request a copy of the long form Retail Installment Contract and read it in its entirety in the comfort of their own home before executing the document in the F&I office.
