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Book Value: $9,975
Purchase Price: $475
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Auto Fraud or Contract Dispute? What should I do?
3rd September 2010
I bought/financed a used car in August 2008 and recently tried to sell it to CarMax because I cant afford my payments anymore. When CarMax appraised the car they reported to me that the car was salvaged. Considering that when CarMax appraises a car they check the car’s title through AutoCheck.com.
I filed a complaint with the Investigations office through the DMV and they reported that the car was completely fine. And of course my bank would not have loaned me the money to purchased a salvaged car.
So basically, CarMax and/or AutoCheck.com are the only ones saying that the car is salvaged. I called AutoCheck.com and they said that the dealership bought the car from an auto auction, and the auto auction “announced” it as a salvaged title to the dealership; but neither the auto auction or the dealership reported the title to the DMV.
I called a lawyer that specifically deals with Auto Fraud but he would not take my case. He stated that the only way I would win is if the DMV said that the car was a salvaged title.
So I dont know what to do…and I dont want to pay 000 for a car that is only worth 00. Should I go to my bank or should I go to another lawyer? Am I entirely screwed? Does this happen a lot? Please, someone give me some advice!
How much cheaper are dealer auto auctions?
15th September 2009
Assuming a used car would be worth 00-00 from an auto dealership, how much could you expect to pay for a similar car at a dealer auction?
Can the auto dealership where I I bought vehicle repossess my car if my payment goes to finance co?
10th July 2009
I financed a used vehicle from a car lot and paid in cash a total of 00.00 for a down payment to the dealer. The total price of vehicle was 00.00. The remaining balance of 00.00 was financed through a loan company/bank. My first payment due gave me a 10 day grace period from date due, and a late charge owed if paid after that. Three days after grace period the dealership towed my vehicle. The finance company knows nothing and says dealer has vehicle, but dealership says finance co. has vehicle. Two days no answers from either party. What do I do? Is this legal? Please help legally. Thank you. How do I get personal belongings back imediately that I have in car?