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Guys, need some advice. Sometime end May i viewed and bought a used car (coe left 1.5yrs at about $27k) from a dealer. Till date in July, ownership has not been completed and i have not paid any installment apart from first installment which i paid together with downpayment when i drove away the car. Brief sequence of events below: 1) Day 1 - View and placed a $500 deposit 2) Day 2 - Sent car to my workshop for checks and negotiated price down further as some repairs needed 3) Day 4/5 - Loan aprroved. Collected car along with a cheque for downpayment and first installment. 4) July - It has been a month plus and dealer kept delaying the transfer of ownership. I have also not received any form of installment advice from approved bank. I have been constantly messaging and calling him but all sort of excuses given and last given yesterday was cash flow problem. What sort of actions can i take at this point of time ? Very stressful :(
