Rules on canceling an order?
#1
Rules on canceling an order?
Ordered about 3 weeks ago and there is a possiblity my current job could be eliminated. I got the info a few weeks after the order. If this happens, sure hope it does not, are there any real issues with canceling an order? I did not put any deposit down so am not worried about that but can the dealer hold me to it or come back on me for anything if I need to cancel?
#3
Tasca Super Boss 429 Member
![](https://themustangsource.com/forums/images/rank.gif)
![](https://themustangsource.com/forums/images/rank.gif)
![](https://themustangsource.com/forums/images/rank.gif)
![](https://themustangsource.com/forums/images/rank.gif)
No deposit=No problem
If they tell you anything different, don't believe them.
If you are sure you are not going to buy it, you should tell them as soon as you know.
That way, they might be able to change the build to different specs if they want.
If they tell you anything different, don't believe them.
If you are sure you are not going to buy it, you should tell them as soon as you know.
That way, they might be able to change the build to different specs if they want.
#7
That order form is probably just a way of making sure that you and the dealer are on the same page of what the car is that is being ordered. It's not a financial contract. It's basically to protect both you and the dealer in case of a disagreement about what was ordered and delivered to the dealer.
I think the only legal binding contract is the actual finance agreement. In other words, once you sign the financial agreement to whomever you're financing the car from, then you're legally binding to that financial contract at least.
Paul is the expert here and can clear it up more, but I think you're ok. Plus, that financial agreement you make with the financier is binding on what you state is your cash flow. If you lose your job before receiving the funds from whomever, it would seem to me that they would consider that a breaking of the contract agreement.
I think the only legal binding contract is the actual finance agreement. In other words, once you sign the financial agreement to whomever you're financing the car from, then you're legally binding to that financial contract at least.
Paul is the expert here and can clear it up more, but I think you're ok. Plus, that financial agreement you make with the financier is binding on what you state is your cash flow. If you lose your job before receiving the funds from whomever, it would seem to me that they would consider that a breaking of the contract agreement.
#9
Thanks for the information. It was just an order form nothing financial at all. The dealer I ordered it at has a base model v6 with 3.31 coming in so maybe that could be an option at almost 12k less. Still could get a mustang and keep a similar payment to what I have now. We will see.
#10
Mach 1 Member
![](https://themustangsource.com/forums/images/rank.gif)
![](https://themustangsource.com/forums/images/rank.gif)
#11
GT Member
![](https://themustangsource.com/forums/images/rank.gif)
#14
Straight up.
Thread
Thread Starter
Forum
Replies
Last Post