Hello Faviola. On some occasions the lender can refuse to fund the loan. This can happen for a number of reasons and if your dealer cannot find financing they will ask to bring the vehicle back. This is rather common when buying a car and can happen at any dealership, and it does happen all the time. Dealers rely on lenders for funding and lenders and underwriters can void approvals, change approval terms at their own discretion, for example, if they cannot verify some info on the application.
Sorry this has happened to you. We were actually told by them when we were purchasing the car, that something like this could happen. We were given the heads up. I'm so sorry that has happened to you, that would hurt my feelings too. Good luck on finding another car. Something will come through for you.
Generally if they ask to bring the vehicle back it's not on the dealer,, the financing or financial institution has something to do with it.. always best to get pre-approved through your own back and ensure the financing it secured. In-house financing is where dealers make a lot of their money but when they put your info out there to get to approved, sometime new information comes up after the sale that causes them to deny you..
What was the reason? I seen that happen before to my friend they had car a week and a different dealer asked them to bring back. Bank didn't final the loan.
Thanks! Your answer is awaiting moderation.