Buyer wants me to buy car back, help!
03-11-10, 04:11 PM
#16
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when my friend sold his GSX a couple years ago the new owner burn the clutch and told my friend to pay for the repairs. he was hella scared and paranoid like you are right now. one day he called and I picked up the phone and cussed him out he never called back.
03-12-10, 06:09 AM
#17
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The buyer purchased a 16 year old car for $800. I assume the buyer started and test drove the car when he purchased it and drove it home. I also assume that you, the seller, did not offer or provide any warranty on the car, in writing or aloud. The buyer then comes to you about one month later (not later later on the day of purchase or even within a week of purchase), asking for compensation for repairs that the buyer made or is planning to make on the car. I believe any reasonable person would say that any repairs on the car are the responsibility of the buyer and the seller has no obligation to repurchase the car or compensate the buyer.
If it goes further, hopefully you have a signed and dated sales agreement that indicates the selling price and stipulating that the sale was "as is". I assume you have a copy of the title that you signed over to the buyer.
If it goes further, hopefully you have a signed and dated sales agreement that indicates the selling price and stipulating that the sale was "as is". I assume you have a copy of the title that you signed over to the buyer.
03-12-10, 07:00 PM
#19
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Its been awhile since my business law class...but in California
"If you lied to him, or concealed the need for repairs" when the buyer ASKED, the buyer can return the item or take legal action against the seller.
That's why normally when people buy used items...they always asks the general questions "are there any problems with the vehicle?"
But legal action normally cost more than the price of the purchased item.
"If you lied to him, or concealed the need for repairs" when the buyer ASKED, the buyer can return the item or take legal action against the seller.
That's why normally when people buy used items...they always asks the general questions "are there any problems with the vehicle?"
But legal action normally cost more than the price of the purchased item.
03-12-10, 08:06 PM
#21
Lexus Fanatic
If he paid $800 for it, then why put $1200 more in for a valve job and $500 for a battery/starter? That alone doesn't make sense.
IMO, what that old man needed to do instead (and maybe you should have considered doing it before you sold it to him) is to donate it to a charity, take the tax credit, and put some money down on a decent car....either new or used.
IMO, what that old man needed to do instead (and maybe you should have considered doing it before you sold it to him) is to donate it to a charity, take the tax credit, and put some money down on a decent car....either new or used.
03-13-10, 06:29 AM
#23
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