Sponsored

Dealer sells truck out from under me

Dewayne

Active member
First Name
Dewayne
Joined
May 14, 2021
Threads
3
Messages
28
Reaction score
12
Location
Louisiana
Vehicles
2016 f150 2020 BMW X5
Occupation
Retired
Can my dealer sell my order 2021 f 150 out from under me for over sticker price?
Sponsored

 

85Mustangman

Well-known member
First Name
Michael
Joined
Apr 5, 2021
Threads
3
Messages
225
Reaction score
152
Location
Toronto, Ontario
Vehicles
2021 XLT Supercab/ 6.5 box, 2.7, 302A, Antimatter
Occupation
Retired
Agree... should not be able to if you signed a 'Vehicle Purchase Agreement' (or similar). This is a contract in most civilized jurisdictions, and legally binding.
If you did not put a deposit down and sign an agreement you may be on thin ice...
check your paperwork, and if you've done your part, seek legal council... you will surely not be able to replace your purchase at the same price and certainly not in a hurry presently.

This shit makes my blood boil.
 
OP
OP

Dewayne

Active member
First Name
Dewayne
Joined
May 14, 2021
Threads
3
Messages
28
Reaction score
12
Location
Louisiana
Vehicles
2016 f150 2020 BMW X5
Occupation
Retired
Sorry to get everyone worked up, they have not sold my vehicle I was just concerned about them being able to do so. I did not put a down payment because I am well established with that salesman. Just not sure about the dealership. I do not have a signed contract just a order form that is signed
 

Sponsored

jperry5835

Well-known member
First Name
John
Joined
Feb 22, 2021
Threads
2
Messages
301
Reaction score
219
Location
Florida
Vehicles
2021 F-150 Hybrid Platinum
Sorry to get everyone worked up, they have not sold my vehicle I was just concerned about them being able to do so. I did not put a down payment because I am well established with that salesman. Just not sure about the dealership. I do not have a signed contract just a order form that is signed
I have always been told its the transfer of money that makes these kinds of agreements binding.
 
OP
OP

Dewayne

Active member
First Name
Dewayne
Joined
May 14, 2021
Threads
3
Messages
28
Reaction score
12
Location
Louisiana
Vehicles
2016 f150 2020 BMW X5
Occupation
Retired
So much for a man’s word and handshake right.
 

xtraman122

Well-known member
First Name
Pete
Joined
Apr 15, 2021
Threads
12
Messages
728
Reaction score
630
Location
MA
Vehicles
‘21 302A PB
I would be very surprised if they were to do that. Could they? Sure, they could do a lot of things. I'm sure there's fine print on the purchase agreement that would get them out of any liability if they needed it, but I would be shocked if some dealership would deliberately go selling a car out of from underneath someone unless they had good reason to do so (Buyer getting cold feet, delaying the sale once it arrives, etc etc).
 

CarolynStride

Well-known member
First Name
Carolyn
Joined
Mar 21, 2021
Threads
1
Messages
73
Reaction score
73
Location
SD
Vehicles
2021 F150 xlt 4x2
Occupation
Retired?
I ordered my truck in March and tried to sign an order and put down a deposit, even mentioning my fear. They would not take a deposit. I am honoring my part and waiting for my build - I'm sure they are not getting lots of requests for 4x2 PB.

Still scared, but the green sticker has my name on it.....
 

85Mustangman

Well-known member
First Name
Michael
Joined
Apr 5, 2021
Threads
3
Messages
225
Reaction score
152
Location
Toronto, Ontario
Vehicles
2021 XLT Supercab/ 6.5 box, 2.7, 302A, Antimatter
Occupation
Retired
I have always been told its the transfer of money that makes these kinds of agreements binding.
That's right... I'm not a lawyer but as I have understood it, a contract needs 3 things:
  1. the 2 parties are named,
  2. the scope of the agreement and,
  3. "consideration" which is an exchange of monies.
I never understood when i was younger why a guy would sell, for example, a sports team for a dollar. I guess it completes teh contract relieving the seller from future liability.

Yes, unfortunately, while we have a system where you can sue, a handshake won't stand up.

Glad to hear the OP hasn't actually had this happen to him yet.
 

Sponsored


OP
OP

Dewayne

Active member
First Name
Dewayne
Joined
May 14, 2021
Threads
3
Messages
28
Reaction score
12
Location
Louisiana
Vehicles
2016 f150 2020 BMW X5
Occupation
Retired
I ordered my truck in March and tried to sign an order and put down a deposit, even mentioning my fear. They would not take a deposit. I am honoring my part and waiting for my build - I'm sure they are not getting lots of requests for 4x2 PB.

Still scared, but the green sticker has my name on it.....
 
OP
OP

Dewayne

Active member
First Name
Dewayne
Joined
May 14, 2021
Threads
3
Messages
28
Reaction score
12
Location
Louisiana
Vehicles
2016 f150 2020 BMW X5
Occupation
Retired
Thanks
 
OP
OP

Dewayne

Active member
First Name
Dewayne
Joined
May 14, 2021
Threads
3
Messages
28
Reaction score
12
Location
Louisiana
Vehicles
2016 f150 2020 BMW X5
Occupation
Retired
what is the green sticker?
 

F150ROD

Well-known member
Joined
Apr 14, 2021
Threads
28
Messages
981
Reaction score
963
Location
SoCal
Vehicles
F150 XLT on Order/Mazda Roadster Club/Model 3
Occupation
U.S. Navy Retired/Student
Yes, and I expect it to happen to me which is why I keep tracking that sucker on a daily basis
 

Caneman88

Well-known member
First Name
Ron
Joined
Mar 3, 2020
Threads
3
Messages
264
Reaction score
178
Location
San Antonio TX
Vehicles
2021 Powerboost F150 Platinum ,MB GLC 300
Occupation
Pella Windows and Doors
what is the green sticker?
On a custom ordered truck the stickers the window is green where a stock has the blue stickerI think this is what you are asking
Sponsored

 
 




Top