AboutRay Paulsen Expertise confused buying new or used...buy with confidence from dealer or private...consumer fears...paying to much...getting a lemon...accident car...fair value for trade...negotiation process...etc...you simply want a fair deal...
Experience over 30 years in automotive industry, management, retail, wholesale, appraisals, auctions, vintage
Question A bill of sale was signed but no money or possession of the vehicle was completed. I am trading in my corvette for a, what I thought was, safe 4 door car for my 16 yr old daughter. Nissan dealership was confronted about the vehicle being in a flood but denied it and pull a clean car fax. However, after searching in the trunk and back seat safety belt, mold and standing water was found. I don't want this car for my daughter. If I don't take possession can I cancel the deal?
Answer Hi Jamie
The fact there is no deposit and vehicle not in your possession 99.9% says the dealer will not pursue this transaction, they may try you on for size with scary tactics if they want to pursue, if I was in your shoes I would let it ride.
The fact the dealer shows you a Carfax means nothing to me as Carfax is only a provider of information that have been submitted from various channels, and should be looked upon only as a guideline.