Legal Question in Consumer Law in Virginia
Private car sale
I am selling a car for $27,000 that I owe $15,000 on. The buyer wants the car now and will pay me $17,000 certified funds and the rest when I pay the note and sign the car title over to him which should take 8-10 days.
Does this sound like a bad decision?
Asked on 3/07/07, 9:08 pm
2 Answers from Attorneys
John Jackson
Law Office of John A. Jackson, P.C.
Re: Private car sale
Yes, it is a bad deal. Get all the money, give him the care, and then transfer title.
Answered on 3/07/07, 9:20 pm
Ruth Emily Kochard
Ruth Emily Kochard, Counselor at Law
Re: Private car sale
Agreed. By no means should you take any less than the full amount, and then transfer title.
Answered on 3/07/07, 10:28 pm
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