Is it safe to sell car to used car dealer like landmark?
- if the dealership is a reputable dealer or business you should not have any problems. the only thing they could do is write you a bad check or cancel the check after you gave it to you. so you could ask for a money order or certified check. or just go and cash it when they give it to you at their bank
- If you have a bill of sale, and it is a company check, there should be no problem if it is a dealership. Ideally, you would hold the check for 10 days to make sure it cleared, but take the check directly to their bank and cash it, even their bank charges you a fee, it will cost less than having their check bounce and having to take legal action against them. Get everything in writing, an actual bill of sale that you sold them the vehicle, and fill out the le with their name as purchaser you can leave the amount sold blank
- There are no rights for you to really protect if you are selling to a dealer?it all about price. A dealer is looking to buy at wholesale prices. Of course you will make more money selling to a private party but that takes more time and actually carry more risk because you are not familiar with the car selling process. Whatever you do, protect yourself by signing a release of liability form when you sell to anyone. TS
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Knowledge Base: Used Cars
a used car dealership asked me to sign a paper waiving all my rights to sue them. is this standard practice in the usa? i obviously told them i would not sign. i would not think this is standard practice, i'd never sign away my rights in a business transaction. (sell used car)
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Knowledge Base: Sell Used Car
i just bought a newer used car from 2005 at the toyota dealer and i got the loan through them. i bought the car for $12, 800 total with taxes and i put $2, 000 dollars down when i bought it. so now i owe about $11, 000 on it. (sell used car)
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