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Purchase Contract


Asked on Sep 4, 2021

Auto purchase agreement on trade in payoff.

The dealer we recently purchased a new car from didn’t pay off our trade in until 7 weeks after the contact. In Texas they have 25 days to pay off a trade in. We asked the dealer to to push back our payment 2 months since they were late paying off our trade in. I called the bank we financed with (Kia Financial) and they said to go to the dealer and have them push back the contract payments 2 months The dealer is saying there’s nothing they can do. I feel like we are being taken completely advantage of.

1 Attorney answer




Answered 361 days ago

Donya G.

ContractsCounsel verified

Business Lawyer
Licensed in Connecticut, New York
Free Consultation

Have you spoken to the dealers manager or the manager of the dealership? if you haven't already done so, you should. Make sure to mention the delay in the dealer paying off the trade in and the fact that you called the the bank and they have told you this delay of two months can be done. If they don't listen to you, then it would be time to hire an attorney to assist you. If you would to engage my services where I would call the dealership on your behalf, you can contact me on the contracts counsel website and I would be happy to assist. Regards, Donya Gordon

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