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trade in car for new one

Sent to Car Experts February 28, 2005 9:39 p.m.

If i trade in a car thats been in an accident, and dont tell the dealership that it was. Can they do anything about it after paperwork is signed?

Customer (name blocked for privacy)

Status: Closed Value: $5

Answer
February 28, 2005 9:43 p.m. (3 minutes and 39 seconds later)

ACCEPTED

No, not under that circumstance. Most laws are geared toward retail sales and a trade-in is a wholesale transaction and not subject to retail regulations. You will have to sign an odometer statement and can be prosecuted for any fraud there. That's all.

Tech501 -- Auto Service Technician -- 96% Positive Feedback on 740 Car Accepts
38 years exp, ASE Mastertech with L1 Advanced Engine performance

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