the dealer i bought a car from last year, included a 'statement of facts' which said he would purchase the car back for $4,000 inside a year or under a certain amount of miles, of which ive only driven half. I have been trying meet him to sell the car back for over a month and now it is coming up on a year, so im just checking my legal rights. i have spoken to him, and taken the car to his mechanic for an inspection as requested, but every time i speak with him, he says he is out of town and that we will get around to the actual sale. I have voiced my concerns about the year deadline approaching and he said he would sell me the car at a 'fair' price no matter, but im concerned he is going to offer me something far less than the original amount, and since i wouldn't have bought the car last year without knowing it could be sold for a certain amount, im feeling nervous
Send a written confirmation to the dealer at the address listed under the dealer’s license number and any address listed in the purchase agreement. Include proof of mileage in the letter. Send it both regular mail, certified mail, and fax/email if you have those.
Like all things "legal" the answer is "maybe." It will depend on many factors, most of which are the writings themselves? I'm sure no one guarantees, for instance, they will let you drive a car for a year and then pay you back the same amount you paid. So, seems like without a price certain, there will be lots of room for conflict. That said, the promise may be "illusory" which would be unlawful and cause seller some issues. I'd get in touch with a lemon law atty soon to discuss possibilities.
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