I traded a car for a car a few months ago and the engine stopped running 4 days later. I found it suspicious and gave the benefit of the doubt and walked everywhere since but today finding out looking in detail its 200000 miles over what the odometer reads.
I assume that this was a private, person to person transaction and did not involve a dealer. If there was no written contract and you just traded titles, which I also assume, you have an oral contract based on whatever oral agreement and representations were made by each of you. An oral contract like this is likely to be enforceable in Colorado, the problem being to prove any oral terms or representations that were made to avoid a "he said, she said" situation. The one thing you might have in your favor is that I believe that on the title you got, there was a representation by the seller of the mileage. If that was completed by a number that reflected the odometer, and you can prove that the car had substantially more miles than that, then you might be able to get back the value of the car you traded. If the title reflects that the odometer did not reflect the true mileage, which was unknown, then you will have a real problem proving that you were defrauded. If you have a claim, the only practical way of pursuing it against the other party is in small claims court in your county. You can find information about that procedure online. Good luck.
This response contains general information only and is not legal advice on which you may rely. It does not establish an attorney-client relationship.
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