View Single Post
  #8  
Old 06-29-2004, 05:24 AM
67BelAir427 67BelAir427 is offline
Yenko Contributing Member
 
Join Date: Nov 2002
Location: Burlington, Ontario Canada
Posts: 313
Thanks: 181
Thanked 150 Times in 51 Posts
Default Re: Interesting Cars For Sale Not Mine

I'm not a laywer, but I did come across a similar issue recently in a dispute over a piece of antique furniture.The buyer paid $400 for an item that was worth $2000. The seller tried to cancel the deal and it went to court. The buyer ended up winning the case, but that was only because he was "not an expert on the real value of the piece". In a nutshell, if you know the true value of something and manage to get the seller to accept a stupidly low price the court will cancel the sale. You will have been deemed to have "duped " the seller. Probably the reason more of these cases don't end up in court is that the seller never finds out the real value. Bragging about a great deal can get you into trouble.
Reply With Quote