dibtastic

I live in New York State and about 30 days ago I drove to Massachusetts and leased an Infiniti from a dealer there and I put down 9 Multiple Security Deposits. The following week they drove the car out to me and I met them at the DMV where they registered it, etc.

Today I get a call telling me the agreement I signed is not valid because I live in NYS and I used MSDs. Is this true??? I thought if you lived in NY and went outside the state you could do the MSDs?? Please give me some information, I need immediate help. Thanks in advance!

MyocyteX

iTrader: (1)

What is an MSD?

Legally, it is a contract and if they knew that you were using MSDs or whatever, and it is not in the terms of the contract that you cannot use MSDs, then this is their mistake, but not a legal reason to invalidate a contract.

What are they claiming? That you need to return the car?

Beer Magazine

Usually if you are buying a car it's sold at the point of your residence. So if you live in NYC you pay taxes based there, or when you register. If you had a place to claim residence in Mass then moved to NYC they couldn't do anything about it. I'd stick to your guns and tell them you will honor the contract you signed, if they don't want to honor it you want your money back in full, and no charge on the car usage (legally they can charge you for usage)

Black Betty

iTrader: (60)

PM da mayor.

carz

technically NY doesnt do MSD....but i dont know if that means if NY Dealerships cant do it, or it cant be done to any car registered in NY, and the sale is done at the point of residence.

However I do know of someone who leased a BMW (in westchester i think) and was able to do MSD.

Kenny (da mayor) is your best person to ask. Also call up the dealership and find out.

As beer magazine said.....stick to your guns, fight your fight. worst case scenario, make sure they refund all the money you spend and not let them charge you for usage. It might end up costing them more to get the car back used than to let u just keep it

RYs06MT

iTrader: (4)

If it's a sport, just leave it in a parking lot with the wheels(off) and seats removed, tell them to go get it.......... and go buy another, thats just what I'd do.

dibtastic

Tried to PM da mayor but it said his PM box was full.

Beer Magazine

Let's be honest, you knew they didn't do MSDs and tried to get around it. The dealer probably new it wouldn't work but sold you the car anyway. All the contracts you sign are pending bank approval. and if they didn't approve, they can take the car back or offer you a different deal.

dibtastic

I was under the impression that it was fine for me to go to a dealership outside of NYS and do the MSDs. The dealership drove the car out to me. I never got anything in the mail for my payment to be due. That's why I called IFS and they had no record of it. I then reached out to the dealership and they looked into it and this is what they told me. I'm not sure how I could be driving the car for over a month and they didn't realize that. This is crazy to me.

Doggy

iTrader: (12)

Drive a free car! Lol

da mayor

iTrader: (2)

I keep my PM's full b/c of too many inquiries.... and i prefer email in case i'm out of the office and can reply quickly

MSD's are not allowed on any lease for New York state... it's written in black and white nationally and I guess they did not catch that.

They should've read the fine print. I'd return the car and get every dollar back -- I'd be glad to help you into a new one if you prefer.

RaulGCustom

iTrader: (50)

hahaaaaaa you crazy bro

da mayor

iTrader: (2)

well they messed up... make sure they come to you with a full refund check and they come pick up the car from you.

dibtastic

Thanks for you response Kenny. I have sent you an e-mail to discuss this. I'm in a major bind and need some insight.

zhaofl

I too leased my car in Massachusetts. The dealer also messed up and over charged me for the security deposit. One month later, IFS voided the contract and I had to go back to the dealership to sign a new contract. Basically the finance manager at the dealership had to fudge the number so that my monthly payment stayed the same and cut me a check for the overcharge.

Though, your case is much more complicated. I would imagine that the dealer will have a huge loss if they just take back the car. Most likely they will ask you to sign a new contract. Worst case, you get the MSD back and you will have the monthly payment recalculated based on the original money factor. Your best scenario is that they refund you all the security deposit and keep the monthly payment the same, basically you get around $2000 saving for free. Unlikely to happen, but the dealer messed all this up and you have all the leverage. Just negotiate with them firmly, and you may get somewhat of a reduced monthly payment without any security deposit.

On a side note, IFS is really inefficient regarding lease. I got my car almost for two months now, but they still haven't set up my payment in the system. So yeah, I am riding the car for free now.