Legal Question in Business Law in Tennessee

I bought a used car from a small dealer and he has been charging $10 per day late fee. but nobody informed me of this policy at the time of purchase. Is I have paid a lot of money in late fees is this legal?


Asked on 8/02/11, 1:45 pm

1 Answer from Attorneys
Kevin B. Murphy Franchise Foundations, APC

As a Franchise Attorney I advise you to read your contract carefully. Usually (and I'm assuming the late fee is for not picking up your purchase yet) if there is a late charge for not picking up the vehicle by a certain date, it is specified in the contract or a notice is posted at the dealer's business. If neither was done, then you should have grounds to complain. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation

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Answered on 8/02/11, 2:11 pm


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