Legal Question in Consumer Law in Georgia
Is a Retail Buyer's Order for a used car with trade-in binding?
I have a signed ''Retail Buyer's Order'' from Toyota saying
they'll take my used car and sell me another for a price of
$22,000. They just called and said they made a mistake
and I actually owe $1000 more than they thought and that
I'll have to make the difference. I've already taken that
Buyer's Order to the Bank and got financing for the
$22,000. Can they really do ths? Is the Buyer's Order a
binding agreement that they have to adhere to?
3 Answers from Attorneys
Re: Is a Retail Buyer's Order for a used car with trade-in binding?
The answer depends on all of the language of your paperwork, and also on whether both parties signed it. Without knowing that, no one can answer this question.
Re: Is a Retail Buyer's Order for a used car with trade-in binding?
The answer depends on all of the language of your paperwork, and also on whether both parties signed it. Without knowing that, no one can answer this question.
Re: Is a Retail Buyer's Order for a used car with trade-in binding?
They, like everybody, is bound by a properly signed contract. Therein may lie the problem of a possible loophole.
Consult with a local attorney.
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