What are my rights if I purchased a vehicle from a preowned lot but after a week of driving the vehicle, it was repossessed?
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What are my rights if I purchased a vehicle from a preowned lot but after a week of driving the vehicle, it was repossessed?
The company did not disclose the fact that there was a GPS tracker in said vehicle. They also want the full price of the vehicle to be paid off for it to be released. Is this legal in any way?
Asked on September 8, 2015 under General Practice, Delaware
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
Why was it repossessed? If it was repossessed because there was prior financing which was not paid off i.e. due to something not disclosed to you, and for which you are not responsible, then you could sue the lot based on breach of contract not selling you a car with clean title and/or fraud lying about something critical or material. On the other hand, if it was repossessed due to you failing to meet your obligations e.g. not making a payment your first check bouncing etc. then you breached the conrtract, they could repossess, and you would have to pay off the full amount because you defaulted or else they would not need to give you the car back.
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