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What happens if a dealer goes out of business and the buyer still does not have the title and can not contact the dealer?
That the dealer went out of biz while you still owe on the note, meaning they could claim that they want it back because you failed to make timely payments, could be a complication at some point.
2 things to do now though:
Carefully read your agreement. There is normally specific instructions on how you must tender payment - and or where to make legal contact. Make contact by certified letter saying that you have not been able to reach them at the place of Biz, as you always had previously, and have received no communications. If there are no alternative addresses, write the same type of letter, certified mail, to the address of the place of Biz that is closed. (It may well get fowarded). Your just trying to establish in a verifiable way that you have been making reasonable attempts to adhere to the agreement.
Then, and you can begin to do this at the same time, check with your State. Many, if not most, States require used car dealers to be liscensed. They should have contact information, or a process for you to follow already established to assure the title is delivered, if the dealer has flown the coop!
What else can I help you with?
Is there any way to obtain sales or ownership info on a firearm purchased several years ago if the receipt is unavailable and the dealer is out of business?
This depends on whether the dealer just folded or if the business was bought out by someone. A dealer going out of business is required to surrender his records to the ATF. If he is bought out, the buyer can keep the records, or he can choose to surrender them to the ATF anyway. You may try to contact ATF about those records.
If paid cash for car and dealer wants it back what happens?
Unless the buyer agrees to return the car, then nothing (...obviously??!).
why is it important for a business to business to be influenced by the business buyer behaviour?
In a business, the business buyer plays the most important role. It is the buyer who actually influences the business. A company will only do well if its buyers respond and give a feedback of the product or services which the company serves. Hence for any company, the buyer is like a "God".
In Ohio can someone sell a vehicle knowing it has a bad transmission and not tell you then three days later it goes comletely out?
If it is a dealer it is not very good business. Unfortunetly, if it is a private person selling the vehicle they can. It is up to the buyer to be careful not to get a lemon. That is why there is the saying "BUYER BEWARE"
How do you get contact of buyer for urban outfitters?
how do you get in contact for anthropolgie buyers
Can a used dealer sell you a car without telling you the car was salvage but the title was rebuilt?
Not sure about all 50 states but in the state of Illinois it is a misdemeanor for a dealer to sell a car and not have the buyer sign a form provided by the state which the buyer is acknowledging that the car is a salvage/rebuilt vehicle. Repeat offenders are felonies. Contact your states DMV to find out what your law states where you live.
What is business buyer behavour?
Business buyer behavior refers to how a customer will respond to a particular product. This is very important for the marketing team.
What happens to a co-buyer if the car is repossessed?
Same thing that happens to the buyer. Lender persues their legal options to collect the balance due.
Should real estate agent contact buyer after closing?
Yes, because your agent should contact you incase you have any problems. also a good agent always wants repeat and new business. Referrals are very important!
Can you return a used car back to the dealer in Nebraska?
Why would the dealer want it back. You bought it, and it is now your car. Remember, buyer beware.
What are your legal right if you signed a contact for a car in another state and the sold it the next day?
If the dealer agreed to sell you the car but sold it to another buyer:The dealer will claim it is an error, and it may be, it often happens that two sales people have deals going on the same car at the same time and one "CLOSES" first, meaning the other buyer actually pays 100% and drives away. This can happen without the dealer ship catching it.Then they have to give 100% of any deposit back and should apologise. When this happens we (at the dealer I work for) try to sell you an equivalent car with an option or add on feature at no extra charge as an apology.In another state makes no difference!
How do you return a used car back to the dealer that has problems?
there is no way to. Sorry as is buyer beware.
