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| Insurance Issues Including property, health, auto and life insurance. |
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#1 |
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Michigan; My wife purchased a used vehicle from a car dealership, it start breaking down and we want to do a trade in on it, but now we are being told that the vehicle is a leased vehicle and we can\'t trade it in or sell it, also this vehicle is a Ford Windstar but all the paperwork is typed up for a Ford Tauris, is this contract binding, and is it true about the selling or trading of this vehicle?
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#2 |
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I could really use some help, do anyone know anything about this situation? Please help. Thank you
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#3 |
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[My wife purchased a used vehicle from a car dealership]
Those are two different things--did she have a contract that she reviewed? She can argue fraud or misleading behavior if need be but normally one is clear if it is a lease or purchase. |
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#4 |
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Good information, thank you. But maybe I should break up the question. The contract was typed up for a Ford Taurus but then they scribbled it out and wrote in Windstar, is this contract binding?
Then the other question is: If it turns out that this vehicle is a lease, are we allowed to sell of trade it in? |
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#5 |
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Top Level Member
Last Online:
07-11-2008 01:49 PM Join Date: Mar 2007
Posts: 696
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Changing it to windstar does not void it automatically if you all agreed.
Leases do have provisions for ending the lease; and some websites exist to help you swap the lease or have somebody else take it over. |
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