Okay, so I went to BMW dealership and wanted to do a trade in for a new BMW 135i, my car was valued at 21k and all seemed well. Then they did a credit check and said that I need a co-signer. I was pretty disappointed since I refuse to go that route. However, they said they could try to go through the higher ups and present the paperwork to BMW Financial but they would need me to sign the agreement that we had agreed to and then they would show it to BMW Financial and ultimately they would make the decision whether or not I can move forward without a co-sign. I was assured that if I signed this particular document that I was not obligated to buy the car, that the paperwork was necessary in order to check to see if I would get approved w/o co-sign. However, I'm just now paranoid that I signed it and will be forced to buy the car. I did not drive off w the car and at the moment I am not sure if I will get approved. I just don't want to be forced to buy the car when I was told that the document is just to check if I will get approved. I don't plan on getting the car, need to make sure I'm not legally obligated to buy the car. I DID NOT take delivery of the car and I did not drive it off the lot (other then test drive prior to signing that piece of paper). I do not want to get this car and I feel like I may have been tricked into signing something that will force me to come back and buy the car. Sorry for my ignorance 
My father gave me the car, the title is still under his name. However, he said to go look for a car that I feel that I would like. The only thing I did sign is that I don't want the car if the insurance is over 212. Which is how much I am paying for my current insurance. I really don't want to be suckered into being forced to buy it......I was under impression that signing this paper meant they would check to see if I can get approved, not that I actually bought the car. I don't even have the car...I drove home in my own car and was told they would call me the next day to see if I was approved or not. I told them I didn't want to sign any paperwork but they said they couldn't ask the BMW financial people unless I had signed the document showing the numbers we had agreed on.
My father gave me the car, the title is still under his name. However, he said to go look for a car that I feel that I would like. The only thing I did sign is that I don't want the car if the insurance is over 212. Which is how much I am paying for my current insurance. I really don't want to be suckered into being forced to buy it......I was under impression that signing this paper meant they would check to see if I can get approved, not that I actually bought the car. I don't even have the car...I drove home in my own car and was told they would call me the next day to see if I was approved or not. I told them I didn't want to sign any paperwork but they said they couldn't ask the BMW financial people unless I had signed the document showing the numbers we had agreed on.