I purchased a Lexus GS300 4 yrs ago from a local dealership without knowing it had a salvage title,Found out about it recently when i took it in for a trade in apprisal.I wasnt told by the dealership or the salesperson about the title when i signed the papers.Didnt also know with the title because its a financed car and the bank still holds the title.What should i do in this situation.Can i legally sue them? should i call the dealer first?Would appreciate any info or help i can get. Thanks
2007-11-08 11:12:59 · 4 answers · asked by pirwani_inc 1 in Politics & Government ➔ Law & Ethics
Depends - you would have to prove that the dealer knew about the salvage history and deliberately with held that information.
Does the car have branded title now? Or is it a branded title in the past that was taken to a state where the salvage brand can be removed so now it's a clean title?
How much did you pay for the car? Did you pay full retail value on it or did you get one of those "I can't believe I got this car for this much" steals. If it's the latter - that was probably your tip off and you probably paid a fair price for the vehicle.
I would pull all the paperwork that you signed when you purchased the car and read over it again. I would also pull the title history from the DMV on the car and get proof that the car had a salvage title at one time - make sure the guy you were going to trade the car into was not pulling your leg. Then decide what you want to do about it. But I would not go picking a fight with the dealership with no bullets in my gun first.
2007-11-08 11:29:50 · answer #1 · answered by Boots 7 · 0⤊ 2⤋
First step would be to document everything to the best of your memory. If you're ready for a new car, see how the the salvage title affects the value of your car and ask them to work something out with you on a trade in. If that doesn't come out satisfactory, I'd contact an attorney. Make sure due dilligence was met on everyones part...and when I buy a used car...I request a carfax from the dealer. That way you have a little more peace of mind.
2007-11-08 11:23:43 · answer #2 · answered by ariesguy_78 2 · 0⤊ 1⤋
you'll probabably have to get an attorney to do youre talkin for ya, otherwise they will just try to squirm out of it!!!
im pretty sure they will be held responsible in a court of law, since the vehicle should not have been sold to you without the salvage info!!!
2007-11-08 11:21:27 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Take them to small claims court.
Make sure that you have all of your paper work when you go to court to sue the person, and also make sure that they are still in business.
You should be able to take them to court and sue them.
Best of wishes.
2007-11-08 11:26:56 · answer #4 · answered by Cindy 6 · 0⤊ 2⤋