Am I entitled to receive a refund if a used car that I bought broke down just after I drove it off of the lot?
Approximately 19 miles and less than 20 hours later the car stalled and would not start. After the dealer towed it back to their own lot I am informed that the car is not fixable. I put $500 down on a used car and signed a contract. I would have $324 monthly payments for the next 4 years. What are my options and how do I go about trying to get my down payment back for a vehicle that they still have in their possession without intention of repairing it or offering me another vehicle?
I would notify the dealer, in writing, that you are revoking your acceptance of the vehicle under the Uniform Commercial Code (Texas Business and Commerce Code, section 2.608). I'd send that by certified mail, return receipt requested, with a deadline by which you expect to be able to go to the dealership, sign the necessary papers to transfer title back to the dealership and canceling the loan, and get your money back. You need to do that as soon as possible; hand-delivery to the dealer would also work if you can get a receipt for the delivery (difficult, with outfits like this).
If that doesn't work, you'll have to sue them. You won't be suing just for the $500, you'll be asking to have the entire deal un-done, including the loan; whether you sue or settle, make sure you have confirmation in writing that you're no longer responsible for that.