Am I legally obligated to change an executed auto sales contractif the dealermistakenly under charged me for the vehicle?

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Am I legally obligated to change an executed auto sales contractif the dealermistakenly under charged me for the vehicle?

I recently purchased a new car from a dealership in the state of DE. I accepted the vehicle on the terms that the salesman and finance manager presented to me. The sales contract and other documents were signed and executed by myself and them. I took possession of the vehicle, they gave me the keys, wished me wel,l and I went on my way. I got a frantic call the same night from the manager who told me that the contract has to be changed as the car which I just bought was actually $2,500 more and that they fully expect me to comply. Must I legally comply? I now feel a scam is in the works.

Asked on November 13, 2010 under General Practice, New Jersey

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 13 years ago | Contributor

Take all your documents that were signed to an attorney in your area to review on a consultation basis.  I think that they probably made a mistake with the base price of the vehicle and that is what the call was about.  Yes, you have signed what appears to be a negotiated, legally binding contract.  But contracts can be set aside for various reasons, mistake can be one of them.  I honestly doubt that they will pay more in legal fees than the difference in the car amount to right the contract but one never knows.  You need to speak with the attorney as to your options here.  You seem, though, to be sitting in a good place.  Good luck.  


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