I made an offer of $10,500 for a car. I was told my offer was accepted over the phone. I signed an agreement to purchase the car if my offer was accepted. When I went for my financing the price was listed at $11,500. My saleman said he must've submitted the price incorrectly. Do I still get the car at $10,500, or am I out of luck.
2007-03-14 09:10:39 · 7 answers · asked by The Goat 2 in Cars & Transportation ➔ Buying & Selling
Only if the dealer changes the price to $10,500 per your phone conversation. If not, walk and if they want you to come back - make it $10K even or keep on walking. Find another dealer and resist making oral bids over the phone unless you take notes of the bid and who you talked to. Providing evidence is a lot stronger than he said / she said.
2007-03-14 09:54:49 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Legally binding? No... unethical? Yes.
Dealers promise all kinds of things over the phone to get you to come down. That's why it's better to do it over the fax or email... where you'll have it in writing.
If they refuse to honor the price the only recourse is to go to a different dealer.
Dealers are sneaky that way, they pad all kinds of stuff in to the contract hoping you don't notice. So good thing you caught it before signing it.
2007-03-14 10:10:10 · answer #2 · answered by Anonymous · 0⤊ 1⤋
sure is can sell it to somebody else because of the fact and not utilising a writing or a witness you haven't any longer any information a deal has been struck. in case you like a deal to be concrete you would be able to desire to a minimum of deliver him an email detailing the settlement. That way, if he stiffs you, you may tutor that there replaced into an settlement between you.
2016-10-02 03:08:04 · answer #3 · answered by ? 4 · 0⤊ 0⤋
If the document you signed states the price you offered which I am sure it would then unless you are paying that price you are not bound as that would be considered a counter offer.
2007-03-14 09:14:42 · answer #4 · answered by maybayus123 3 · 0⤊ 0⤋
NO
Anything over $500 has to be in writing to be binding
2007-03-14 09:18:04 · answer #5 · answered by Delphi 4 · 0⤊ 0⤋
If he told you $10500 on the phone, it is truly a he said, she said situation. If he is that dishonest. Let your money do the talking and take your business elsewhere.
2007-03-14 09:27:52 · answer #6 · answered by jelly6739 2 · 1⤊ 0⤋
what does your signed receipt state you left that out
2007-03-14 09:20:24 · answer #7 · answered by Anonymous · 0⤊ 0⤋