Thread: Car Dealership retracting offer??
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Old 01-22-2013, 09:16 PM   #2 (permalink)
tiger123
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Originally Posted by Jmcruz87 View Post
So I have a question for everyone out there maybe someone else has experienced this. This past weekend me and my friend were looking for a Z for him. We found one at a dealership in Dallas that he wanted and began negotiating a price. Two days later they call him back making the offer he wanted. He agreed to buy the car and put $1000 down to hold it till he could drive up there (he lives about 5 hours away). The next morning they call saying they changed their minds and that they could not sell the car for the agreed price. Although the verbal agreement may not stand up wouldn't the fact that he put a $1000 on it mean they could not back out of their offer. Has anyone experienced this or know if it is legal for them to back out like that after a down payment was made?
As long as they refund his money there is nothing you can do. It's not like buying a house......different set of rules.

Did you or your friend speak to either the General Manager or Owner of the dealership? If your friend really wants the car, I would start there and let them know WTF!! I mean this is really bad business practice. If either the GM or Owner won't do anything for your friend.....I would definitely threaten their reputation by advising the story on Facebook, their website, and contact the BBB in your area. I am sure they would be very interested to know about this. Good luck.
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