Legal Question in Business Law in Georgia

Verbal Contract Dispute

I responded to a Truck Trader ad, sent my mechanic to inspect the truck, agreed on a price with the seller, transferred money into our account to pay for the truck today, but received a call from seller stating that he can no longer sell the truck because the truck he was to buy is no longer being sold to him so he has to keep this truck. However, the seller stated to my mechanic that he had someone else also interested in the truck The advertised price was $36000 and we agreed on $35,500 and he may have sold the truck to the other buyer. Is this worth litigation?


Asked on 8/18/05, 9:20 am

2 Answers from Attorneys
Scott Riddle Law Office of Scott B. Riddle, LLC

Re: Verbal Contract Dispute

While it may take a few more facts to establish an enforceable contract, I cannot imagine it would be worth the time and expense of litigation unless the truck as worth several thousand more than you agreed to pay. Why spend time and money when the best you can get will be buying the truck for the agreed-upon price? Good luck.

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Answered on 8/18/05, 9:25 am
Charles W. Field Charles W. Field, Attorney at Law

Re: Verbal Contract Dispute

Probably not. Your damages would be the difference between your "agreed upon" price and the fair market value of the truck. Plus, it is always difficult to prove verbal contracts. I.e., the other side almost always denies the agreement, since you don't have documentation.

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Answered on 8/19/05, 4:37 pm


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