First, can I go back on my word if I haven't picked up my car after getting a car loan?
1. Whether you can go back on your word if you don't mention the car after getting the car loan depends on the situation:
(1) If the audit result is passed, but the contract has not been signed and the car loan has not been released, this situation is relatively easy to solve and you can go back on your word;
(2) If the car loan has been released, it will be more troublesome to apply for repayment at this time. Generally, you can only repay the loan in advance, but it takes one year, otherwise there will be liquidated damages and handling fees. Moreover, there will be a certain loan record, which will even have a certain impact on credit reporting, and you can't go back on your word.
2. Legal basis: Article 585 of the Civil Code of People's Republic of China (PRC).
The parties may agree that when one party breaches the contract, it shall pay a certain amount of liquidated damages to the other party according to the situation of breach of contract, and may also agree on the calculation method of the amount of compensation for breach of contract.
If the agreed liquidated damages are lower than the losses caused, the people's court or arbitration institution may increase the liquidated damages at the request of the parties; If the agreed liquidated damages are excessively higher than the losses caused, the people's court or arbitration institution may appropriately reduce them at the request of the parties.
If the parties concerned pay liquidated damages for delayed performance, the breaching party shall also perform the debt after paying the liquidated damages.
2. Can I change my car if I haven't picked it up after getting a car loan?
You can't change a car without receiving a car loan, which may delay valuable time, pay liquidated damages and handling fees, and even generate credit records, which will affect your future economic life.