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florida buy here pay here problems?

Florida buy here pay here laws?

I recently traded , a truck,a car and some cash for one newer truck at a buy here pay here place... exactly 1 week later they call and say that all of the sudden the motor is no good on the car i traded in... they have had this car for 1 whole week... what are my options?

Update:

thats what i thought , but can they try to pull my financing at this point?

3 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    Buy here pay here dealers - happy to finally see someone on the other side of the fence giving these type crooked dealerships the screws.

    Simply ignore ... they may threaten you with big words, just hang up, its their problem the minute you handed them the keys, never mind a week going by

    Source(s): Buying - selling 30 years http://www.usedcartips.org/index.html
  • 1 decade ago

    Buying a used car from a dealer is in many ways similar to buying a new car. You have the option of paying in full or financing over time. You have comprehensive vehicle information. And – you have lots of pitfalls to avoid.

    First, be well versed on the loan options and payment schedules available to you. Pay close attention to the loan details – the exact price, the amount you’re repaying, the finance charge, the APR, and the down payment required.

    Dealers are required by the Federal Trade Commission to post a Buyers Guide in every used car for sale. The Buyers Guide will tell you:

    • Whether the vehicle is being sold “as is” or with a warranty

    • What percentage of the repair costs a dealer will pay under the warranty

    • The major mechanical and electrical systems on the car, including any major problems to watch out for

    • To get all promises in writing

    • To keep the guide for reference after the sale

    • To ask an independent mechanic to inspect the car before purchase

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    Private Owners

    Buying a used car from a private owner may be cheaper. But private sellers are not covered by the Federal Trade Commission’s rules and don’t have to use Buyers Guides. In addition, private sales are usually not covered by the implied warranties given for dealership cars, meaning most used cars will be “as is.”

    Prior to making a purchase from a private seller, do your research. Find as much information online about the car’s major systems, and use that information as a shopping tool. In addition, don’t hesitate to have a privately sold car inspected by your mechanic.

    No matter if you buy a car from a private seller or dealer, protect yourself by examining the car thoroughly, test driving it under varied road conditions, inspecting the car professionally, and checking the maintenance record. Following these steps can ensure your used car will be a reliable addition to your life, and not a regrettable lemon.

    Basically they toke your car as-is there is nothing they can do about it they can't pull your financing because they bought your car from you AS-IS but to be on the safe side I would go over your copy of the purchase agreement.

    For once the dealer got the bad end of the deal !!!!!!!!

    (about time)

  • Anonymous
    4 years ago

    Lemon regulations guard the vendors of latest vehicles from intense, ordinary defects. Used vehicles are oftentimes no longer lined with the aid of lemon regulations. if to procure it "as is", then the broker has no criminal accountability to you. What to procure is what to procure. It grew to become into your accountability to make certain the situation of the vehicle until now buying it. The law enforcement officers won't become in contact because of the fact no crime has been commited. there is not any regulation against merchandising a motor vehicle with problems, and buying any used vehicle contains risk. the customer's risk, no longer the broker's.

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