Can you get money back from private car sale?
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Can you get money back from private car sale?
After a vehicle is sold from one private party to another, the buyer can ask for their money back, but the seller generally does not have to agree to cancel the sale, absent a warranty or fraud.
What happens to car value after accident?
Your vehicle will first lose value immediately after an accident and before any repairs are done. If you fail to make repairs or the repairs are low quality, your vehicle’s value will also suffer. Despite the repairs, the vehicle’s market value has decreased simply because it was damaged in an accident.
Does sold as seen still apply?
Remember, regardless of car age and price, sold as seen and trade sale do not legally apply to private buyers. Your buyer rights include satisfactory quality, as described, and fit for purpose. Within these parameters, you are entitled to repair. If the vehicle is not corrected, you are entitled to a refund.
Is it bad to buy a used car from an auction?
This is one of those common misconceptions that still persists. Just because a car was sold at an auction does not mean it is problematic. In fact, the vast majority of used cars move through auctions at least once. There are a number of reasons why a dealer would have a car then send it to the auctions.
Can you sell a car that has been in an accident?
The trick is to sell you a previously damaged car before the accident report is obtained by CarFax or AutoCheck vehicle history reporting companies. So, do not be surprised if there is a clean CarFax, but the car you just bought was in an accident.
Is it a warning sign if a car was sold at auction?
Is it a warning sign if a car was sold at an auction?” This is one of those common misconceptions that still persists. Just because a car was sold at an auction does not mean it is problematic. In fact, the vast majority of used cars move through auctions at least once.
Why do used car dealerships sell accident-damaged cars?
These cars are a prime target for car dealerships that want to increase their profit margins. By acquiring damaged and repaired used vehicles that have only been in an accident recently, used car dealers can sell you a car that has been in an accident without disclosing it to you.