When is an RV purchase final?
Not real knowledgeable on this type of stuff but...here goes. We signed papers for the loan doc last week. Loan was approved yesterday. We are supposed to do our walk through on Monday. However, we ha...
Forum Discussion
drsteve wrote:
Writing stuff down is what we do in an advanced civilization. How is this concept so difficult? You write it down so there are no misunderstandings, so neither party can cheat the other, and any later disputes can be settled by an impartial judge just by reading the papers.
Seems that everyone is talking past each other. No one disputes that purchases should be memorialized in writing and signed by both parties.
The question is, how much should your verbal commitment count in the interim before final acceptance and signing papers. For some people, it counts alot... for others, not so much or virtually nothing.
Most of us do NOT sign any papers until after PDI. So, if you tell a dealer you are going to buy a trailer, and will sign the papers post successful PDI, and the dealer commits to the same, is it okay if the dealer sells the trailer out from under you because he got a better offer?
No one seems to want to answer that question. But, it appears to be just fine for a consumer to make the commitment to the dealer, have dealer expend resources to prepare for PDI, and then back out because he or she found a better deal. And we wonder why dealers want papers signed as soon as possible, and not wait for PDI.
Mike
