If you have signed the papers at 9.5 percent can the dealership come back the next day and say you need to re-sign because they only got you 10.8 percent?

Answer 1

I have a similar situation going on now. I purchased a vehicle for 4.9% for 72 months with no money down. I was called two days later and asked to come in and resign because the finance manager made a mistake and the interest rate should be 5.9% and Mitsubishi caught it. My friend and neighbor is an attorney and reviewed all my paperwork and recommended to me to tell the dealership very politely "no thank you, and that we have a signed contract that stipulates all the necessary requirements and that the dealership concede this". I am still waiting to hear what other delays or excuses may come but I doubt they have any recourse but to take their loss. (The dealer very likely makes commissions on the interest rates they sell.)