I fear that I am being targeted for a "Yo-Yo" scam. The form is titled "Buyer's Representations Statement". (see pic) What does this form legally bind me too? The dealership "inspected" my vehicle, gave me a value, and then made me sign a form similar to this form that stated "To the best of my knowledge". But then as I was signing the bill of sale I signed another one and did not realize that it did not state "to the best of my knowledge". Can they come back on me in any form after I take delivery of the car I purchased? There is no way I am going to "warrant" anything on a 200,000+ mile car especially since I am not a certified mechanic. I fear that a few days after I take delivery of the new car tomorrow, they will call me with a list of problems that my 200,000.0 mile trade in had then demand more money or whatever, and threaten me with legal action if I do not comply. I am not a certified mechanic, they inspected it before I signed the doc, and I plan to ask them for the original doc that I signed as well. What do I do if they do not produce the original that stated To the best of my knowledge"? This sale is taking place in the state of WI.
I am unable to read the sheet on my computer screen but I would NOT worry about a trade-in at an established business. They know the risk involved and of course there is no way any person can warranty a trade-in with over 6 figures on the odometer. As much as I maintain my old Pontiac and Mustang with mileage way under 100,000 miles, if I traded one in, no way I can warranty anything as things just break as the cars get older. The a/c in my T/A has worked perfect for 20 years but it could fail tomorrow. Who knows? You can always do a search on that business (including reviews) and see if there is any reason to be concerned. Usually high mileage cars are auctioned off anyway. With used cars being in demand though these days I'm not sure that holds true today.
You're selling Christine the Battlecat? Or, is this for another car you're trading in? As @NC20RT said ... that form is hard to read. Even on a big monitor. Even with a magnifying glass. What I could make out looks like you're just stating that your trade-in belongs to you and you have the right to sell it, that other than a normal car loan there aren't any liens agains it, that it isn't a salvage or flood vehicle, doesn't have major engine damage, hasn't been in a major accident with frame/unibody damage, and that the odometer hasn't been tampered with. But ... since the form looks like all of boxes were checked as "yes" before it was ever presented to you, it could be argued that you didn't say "yes." They said "yes" for you. No where in the document does it say that you guarantee that the radio works or that the car is mechanically sound. If you're getting a "can't trust y'all" vibe, then have them sign a document that they're accepting your trade-in "as is" and no warranty is given nor implied. IF this is for Christine the Battlecat ..... Then from looking at the mods in your signature ... they might take issue with #8 as you have certainly changed the engine from its original equipment and #10 as it appears that the original seat belts have been replaced (or deleted in the rear seat.)
No. Christine (Battlecat) is still safely parked in the garage. I traded my work car in on a 2017 Subaru Crosstrek. Been wanting to get a Subaru for a while now since my daughter and I bought her a 2017 WRX last year. Her WRX is in a grave already, but it took two separate accidents to put it there. She was literally run over by an 18-wheeler and walked away. There was $7,500 worth of damage to the car and she had it repaired. The trailer of the semi ran over the top of her car and pushed her off the road into the ditch. She walked away. After the car was repaired she had it only for a month more before she was going too fast on the ice on the way home from work one night and ran off the road at 60 miles an hour and rolled the car three to four times. She walked away. That's when I decided I was getting a Subaru for a daily whip. I picked up the Subaru yesterday without any problems from the dealership. I noticed in the final bill of sale that once I take delivery the contract is final and they cannot go back on it. So they can call me and say this or that about the trade-in vehicle all they want to and all I have to do is hang up on them.
When I dropped off the trade in and picked up the Subaru yesterday, they told me that they are going to buff it, clean the interior and completely detail it and that they will double their money on it because the used Market is so hot right now. I don't see how anyone would pay $12,000 for a vehicle with 200,000 miles on it. That's crazy. However the Hemi that was under its hood (it was a Dodge) is worth $1,500 to Jasper.
