Wednesday, March 17, 2010

I sold my car, but now the new oner wants me to buy it back?

I sold my 2008 car to some guy. two weeks later, he found out it was a prior lemon car.


True, I knew it was lemoned before and didn't tell the guy, but he never asked. we signed a bill of sale and I stated "as-is". Now he wants me to buy the car back. Do I have to or not? Before he told me he was a dealer, now he tells me he is not a dealer. What is the difference? Do I have to buy the car back?
I sold my car, but now the new oner wants me to buy it back?
It's your responsibility to inform the buyer. There is no "well, he never asked" involved.





You can buy the car back, or he can sue you for failure to notify, which makes your sale basically a fraud.....





Dealer or not. Doesn't make a difference. He didn't purchase what you led him to believe he was. Which puts him full in the right, and you in the wrong.





Sorry for the bad news, but that's the bottom line.
I sold my car, but now the new oner wants me to buy it back?
as long as YOU are not a dealer tough luck for him..don't accept his calls or see him
Reply:What go around come around. If you guys already signed a contract as is, then dont worry about it. He probably going to take you to the court to settle this, but he will lose.
Reply:Failure to disclose known problems will result in lawsuits by the buyer. Lemon laws are ferociously upheld by the courts.
Reply:Not under as-is you do not need to buy the car back. As-is mean just that, that it is being sold as-is. Whatever problem that the car has is now the new owners problems.





If you were a dealer, the laws would be different with lemon cars.
Reply:does the guy know where you live? does he have your phone number?





i say that you just try to ignore/avoid the guy. if it's a cheap car, it probably won't be worth his time/money to try and sue you. if the car was expensive, then you might want to hide out with some family members in another state (or even better, another country) for a bit. good luck.
Reply:hell no. don't let him pressure you. you sold it "as-is"


that's how it's goin to be, the buyers obligated to gather all pertanent information about the vehicle meaning the seller does not have to disclose random factual information. carfax's are not required documents to sell a car (why you still have to pay for them, they are third party profitable business)





someone tried to do the same thing to me, when they had trans noise on a manual...only i am a mechanic and he thought i should give him money to fix after he had bought it
Reply:Usually lemon laws only apply to new cars. You need to check the laws in your state. If you are not a dealer and sold a used auto "as-is", then there is no warranty. If he did not ask, then he is out of luck. He should have done a carfax. You need to check the laws before there could be a lawsuit.
Reply:That's something you should probably have disclosed, as it is material to the value of the vehicle. He can try and sue you, but if he'd done his due diligence, he would have known from a Carfax report.

pomegranate

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