2 wks after buying up to date car(and varying insurance) - they read out credit not good/2 days next they deposit......?

bought car from well-known dealership. give 2 wk postdated check for down-payment($1000.00) signed all papers, shook all hand and went on to pursue my newly started small business. tens days then they leave message of congrads...& by the way they necessitate 2 references/last pay stub, leave label & number of gentleman who I am to contact. When I call 3 days then he sounded kind of bewildered, put me on hold (for awhile),when he gets put money on he and says my credit was turned down. Told me that he be working again next day, he will investigate and seize back to me next year...don't do anything till i hear from him. this was the 14th day of the month (my chk be dated the 15th) so I asked that my chk not be deposited until this is cleared up...he agreed-said he'd call back subsequent day. Check bounced on 16th...he has but to call back(one week has passed)...I use motor in my new business...hold put 2,000 miles already, paid for insurance.....WHAT DO I DO NOW?
Answers:
Stop waiting for him to telephone back. Either call his boss or the finance company to find out why you were denied. At this point, you are within possession of property you have not paid for or made arrangements to compensate for. If you want to risk driving that car, make sure you give notice bail money with a trusted person.
Drive it like you stole it.
You will have to return the sports car, otherwise they will pick it up anyway.

You are free and clear. You owe them nothing.

As for the check, they accepted a "post dated check" and you asked them not to deposit it right away. That is not a "Hot Check". It be nothing more than a "promissory note".

Let them have the vehicle. Walk away.

Don't let them threaten you.
Get that check. Or be sure to stop payment, so they cannot redeposit. I doubt your bamk would honor it anyway. Be sure.

Just reverse your insurance. There may be a slight charge. Check with your ins. co.

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