CAR-BUYING QUESTIONS

What is a 'we owe' form at a dealership?

A 'we owe' or due bill is a written list of anything the dealer has promised to provide after the sale, such as a second key, floor mats, a repaired scratch, or a recall fix. Verbal promises are hard to enforce, so make sure every commitment is written down and signed by a dealer representative before you sign the contract. Keep a copy and follow up promptly if items aren't delivered.

General information, not legal or financial advice; rules vary by state and lender.

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