What a mess.....

A quick summary:
-Traded in the Tahoe that was giving us lots of electrical problems
- GM and the dealer stepped up and offered 10k to put down on a new GM
- I had 5k equity in my trade in.

-Ended up getting another Tahoe.   It's over 1000 miles away.   Dealer said they would hold the loan paperwork until we got the vehicle delivered.   Signed papers on the 30th of last month with a promise that the vehicle would be in our possession within 4-5 days.    

- Dealer submits the loan paperwork the next day.
- I'm on day 14 with no vehicle and no delivery date now as to when it will be transported.  Transport company keeps dicking the dealer around.  Dealer offered to fly their employee up there to drive it back, I said hell no.

- Now I have a car loan with no car and a payment due in a few weeks.  

The bank knows I don't have the car; we told them a few days ago.   Needless to say they're a bit unsure how to handle it.

I believe the dealer is doing all they can truthfully to get the car to us...but.......what about when my payment is due?    Paying the payment assumes that I have the vehicle.......I don't..................

Suggestions?    I've kept a very level-head so far but It's beginning to wear on me.

wipe your ass with the first bill and send it to Aimless

you will be paying on the date on the paperwork

Dealer said they would hold the loan paperwork until we got the vehicle delivered.


Do you have this quote in writing?

If not, it is going to be cheaper to pay the loan than fight it.  Unless you can convince the dealership to pay the first months bill.  Perhaps you should "joke around" about wearing a sign outside their dealership saying you have been screwed by them.

Tell the dealer they are going to be paying the first months payment because you do not have to use of the vehicle they sold to you and then did not deliver as promised. Don't deal with the salesman, request to speak with and deal with the actual owner of the dealership.

Have the dealer pay the first month. Or he can do something else to make it up to you.

They have offered to pay interest which I declined.   Since the 08 has been in the shop, they gave me a 2012 KIA to drive.

To be fair the interest compensates for me having the kia to drive is how I look at it.

I'm just concerned for the dealer getting jacked around with the transport company and now I've got the loan that I'm responsible for.

Don't know where you're at, but in Indiana, if you haven't taken delivery of the vehicle and driven it off the lot, you haven't legally bought it.  "Paperwork" be damned.

call the bank, the dealer should not have sold the paper if you  did not have possession of the car.  Sounds like the dealer is playing a cash flow game.

Should have taken the interest offer since that's a significant portion of the loan payment when it's early in the loan life.

You have two instruments in hand, and the two have nothing to do with each other.  In one hand, you have a contract for sale.  The dealer offered to sell, and you offered to buy, and both affixed their signature.  In the other hand, you have a loan agreement.  You applied for credit, and the lending institution approved you for credit.  They wrote a check to the dealer, and you agreed to pay them back.

In short, your entire beef is with the dealer for breach of contract.  The lending institution did all they said they would.  At the very least, the dealer should pay their pro-rata share of your note, for the number of days you are without the vehicle, after the date it was promised.  I would accept nothing less than cash in hand upon delivery of the vehicle to you.  They will probably try to settle on some bullshit deal offering free oil changes, car washes, etc.  I would not accept anything short of cash.  After-all, it is cash you are going to have to pay the finance company.