Bailment Agreement Car Dealership For Lying
Description
How to fill out Automobile Bailment Agreement With Release And Indemnification Agreement From Bailee?
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FAQ
If you believe you have been the victim of auto fraud by way of misrepresentation, you may very well be able to file a lawsuit. Some states will require car buyers to contact the dealer first to give them the opportunity to correct the matter or to speak with a state consumer protection agency.
It's important to note that most car dealerships are on the up-and-up. Few will lie to you outright. But they might try to mislead you to make a sale.
Federal law permits consumers to obtain treble (triple) damages in court or $1,500, whichever is greater. The Secretary of Transportation's office can pursue a criminal warrant for odometer fraud and a fine of up to $100,000 on your behalf.
The law requires car dealerships (new and used) to disclose the actual mileage of a vehicle and inform the buyer if an odometer has been tampered with or destroyed, but there's a legal "loophole".
If the dealership cancels within 10 days, you get your down payment or trade-in back. The purchase contract requires the car dealer to return to you all consideration (i.e., everything) given for the purchase.