I have a 1968 Cadillac Coupe DeVille and I have agreed to sell it to a co-worker at my new Job, at an Automotive Parts Company. Hes going to buy it and knows the condition, basically hes going to restore the entire car. It runs great and has no problems with anything on the car but it does have trouble starting if you leave it sit for a few days. If I sell this car to him, and for some reason he runs into problems, can he come after me and try and get his money back, or sue me???
2007-10-12 08:10:00 · 9 answers · asked by fyaskohellcat 1 in Cars & Transportation ➔ Buying & Selling
Give him an 'out of sight' warrantee. Once the car is out of sight, the warrantee is over.
2007-10-12 09:01:57 · answer #1 · answered by ryan c 5 · 0⤊ 0⤋
You are entitled to a refund of the amount on the contract you signed. I would go down to your own bank or credit union, and see if they can carry the loan instead. You can then go back to the dealer and have them finish writing up the deal of the numbers are in line. Now, if you go back in and they offer you different terms, you DO NOT have to agree to them. You can then ask for the refund (as mentioned, it will be for what you signed for) and walk away. **ADD -- Calling the BBB is a waste of time. What happened to you is very common in the industry (called a "spot delivery") and you didn't suffer any damages. The BBB will field your complaint, then approach the dealership via online or mail, and allow the dealership to respond. The BBB's involvement ends there. If the dealer responds (no matter what they day, be it "we refunded the customer in full" or "we told the customer to take a hike"), the BBB marks the complaint as "filled" and moves on. They cannot enforce anything... that's not what they do. A dealership can have a horrible rating with the BBB and still have their sticker in the window. The BBB, despite the public's thinking, is not some crusading organization out to right all wrongs.
2016-05-22 02:38:52 · answer #2 · answered by hang 3 · 0⤊ 0⤋
No - you just need to make a full disclosure to the best of your knowledge about the condition of the car. He could come after you if he could prove that you knowingly lied to him and made a false representation, but if you are up front, let him know everything you know, then you're in the clear. He's taking a risk by buying an old car and he should know that.
2007-10-12 08:13:31 · answer #3 · answered by kleo 4 · 1⤊ 1⤋
The best way to handle a private sale of a vehicle is to BE SURE on the paperwork you are very clear in stating that the vehicle is sold "AS IS" "NO WARRANTY" This will prevent the "buyer" from contacting the "seller" for any reason.
2007-10-12 08:16:54 · answer #4 · answered by Angela 4 · 1⤊ 1⤋
Type up a contract that the both of you can sign stating that it is to be sold "AS IS" w/no warranty at all. And that you are not to be held responsible for any past, present or future defects. Make sure he acknowleges that he is buying it as is.
2007-10-12 08:32:43 · answer #5 · answered by ♥Kempa♥ 4 · 1⤊ 1⤋
No, used car sales are as-is condition.
Unless you specifically lie to them about something you know is wrong. But that is hard to prove.
2007-10-12 08:17:58 · answer #6 · answered by Anonymous · 1⤊ 1⤋
Have a receipt written up that says the car is sold AS-IS
2007-10-12 08:15:15 · answer #7 · answered by Anonymous · 1⤊ 1⤋
As long as you sell it to him with some kind of agreement (paper agreement) that states he is "buying as is" and that he assumes all responsibilites for it then there is nothing he can come back to you for.
2007-10-12 08:14:42 · answer #8 · answered by Warbuff 3 · 1⤊ 1⤋
No. As long as you disclose any problems you know of.
Write "as-is" on the bill of sale to protect yourself legally.
As far as it affecting your friendship/working relationship, that's between you and him.
2007-10-12 08:13:25 · answer #9 · answered by Eric P 6 · 1⤊ 1⤋