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      03-23-2008, 06:34 PM   #212
ArtPE
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Drives: e46 M3
Join Date: Dec 2007
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Quote:
Originally Posted by erdoran View Post
The dealership had a legally binding contract to sell to the buyer. Period. End of discussion. It is no different than if it he went to the dealership, they agreed on $60K, both signed the sales order, and then the dealership backed out.

This mistake stuff is BS. They should have had a reserve price. Period. They chose not to. Mistake or not, THEY ENTERED INTO A CONTRACT.

I'm not an attorney, I have no idea what, if any, damages could be had or how a court could compel the dealership to honor the contract. Perhaps one of the many readers/posters is an attorney and can comment?
that happens sometimes: the law allows them to reposess the car and refund the $$$, do some research....

most states have laws that allow a buyer to return a vehicle within 3 days...it cuts both ways...
because they made a mistake or error in judgement buying it...
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