We found a "too good to be true" car...He gave him 200.00 deposit and we go back tomorrow to get car along with a more mechanically inclined guy to check it out first. We got the VIN and ran a report...We asked about the milage on the car since it was so low. The report indicated milage discrepences...Heres is part of the reposrt:
04/02/2003 34,549 Ohio
Motor Vehicle Dept.
Massillon, OH
Title #XXXXXXXXX New owner reported
NOT ACTUAL MILEAGE TITLE ISSUED
Registered as lease vehicle
CARFAX Advisor™
A NAM title is issued when the owner discloses to a DMV mileage fraud, a broken odometer or that the actual mileage of this vehicle is unknown.
Mileage reported after this reading is potentially unreliable.
* So now what. If we decide not to get this car...or should we? Do we loose the deposit? The seller never mentioned this.
2007-01-26 04:33:55 · 11 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
If the title was reported as not actual mileage (known in the business as TMU or True Miles Unknown), the title will have a "not actual miles:" brand on it. The seller has no defense of not knowing, because it is on the title.
The mileage on the vehicle is a material part of any contract to purchase. If the miles are not correct, and were represented to be actual, then you can rescind the contract and get your money back.
If the seller is unwilling to refund your money, take him to small claims court.
TMU /NAM reduces the value of a vehicle substantially. Be very careful whem buying a car like that!!
2007-01-26 05:11:56 · answer #1 · answered by fire4511 7 · 1⤊ 0⤋
Get your more mechanically inclined friend to check it over. They should be able to check things mechanically on the car to make sure it won't die right off the lot.
It could be that the odometer system went bad, like the speedometer cable or other such pieces, and the person that did the work or owned the car before the current owner was at least honest enough to mention it on the title. Most titles have this marked as either: 1. actual mileage; 2. actual mileage unknown; or 3. mileage exceeds the mechanical limits of the odometer. Either way, your friend should be able to determine if the car is worth purchasing. Most sellers & buyers are not as diligent as you, and the current owner may not have even known that the car has unknown mileage. Whether or not you lose the deposit is up to the agreement between you and the seller. Typically most private sellers will give it back if you changed your mind about buying it. Ask them if they knew, and if they would be willing to go down on the price because of it. If they are asking too much in your and your friend's mind, then I would ask politely for the deposit back, and just politely tell them you are no longer interested in the car.
Be polite above all. Even if they get rude. There is no Manager to talk to in a private sell, so if you get in their face without good cause, they can just say you are trespassing, and they would be in the right, unless you got a receipt for your deposit.
2007-01-26 04:54:44 · answer #2 · answered by Doug K 5 · 1⤊ 2⤋
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2016-08-30 13:31:31 · answer #3 · answered by Andre 3 · 0⤊ 0⤋
You better not lose the deposit. Private owner, verbal understanding. If he keeps your deposit, sue him, he has not right as long as there's nothing in writing. Let the guy you're taking with you (the mechanical guy) know what you found out. I say if it's too good to be true it probably is.
2007-01-26 04:43:12 · answer #4 · answered by Mickey 6 · 2⤊ 0⤋
I can only speak for myself.
If, I were selling a car, and someone gave me a depsit of $200.00 and decided not to buy my car for the reasons you described, and showed me proof of such, I'd be more willing to give back the money. Rather than go to court or put up with the headaches.
2007-01-26 04:45:13 · answer #5 · answered by Mr. KnowItAll 7 · 2⤊ 0⤋
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2017-02-09 23:23:03 · answer #6 · answered by ? 4 · 0⤊ 0⤋
Ask for your money back politely, do not be combative or argumentive and he should give it back. If not stop payment on the check thru your bank. If mileage is off or wrongly reported the DMV may not title it. RUN FROM THIS DEAL
2007-01-26 05:17:34 · answer #7 · answered by Art B 2 · 1⤊ 1⤋
How many miles is the car supposed to have on it?
As stated, it could be something as simple as having to had the speedometer or odometer replaced, to having over 100,000 miles on the car.
If it checks out mechanically, don't worry about it.
The seller should tell you if asked the deal on the odo.
2007-01-26 12:00:43 · answer #8 · answered by Robert S 3 · 0⤊ 2⤋
Your probably going to loose the deposit. Unless they didn't know about the mileage thing. Which I doubt. Suing them for two hundred dollars . Good luck with that. A lawer would not even waste there time on that and would charge you a lot more than two hundred dollars.
2007-01-26 04:51:30 · answer #9 · answered by Anonymous · 1⤊ 3⤋
check out the car..if you thaught is was too good to be true it must either look good or run good..iv had several speedos break..iv also bought cars with millage unknown.. a 1969 Chevelle SS. who cares what the milage is. ..IS it a good car.
2007-01-26 05:38:22 · answer #10 · answered by Anonymous · 0⤊ 1⤋