South Jersey Clasic, LLC i.e. Shawn Wark, Owner and Logan Wilson, Sales Agent. Classic Car Dealer is having Seller's Remorse and refuses to release the Classic Car I purchased for cash as well as a Classic Trade In after the deal had been finalized, executed and completed. Newfield N. Jersey
In more than 45 plus years as a former Dealer since retired in 2012 I have never done business with a fellow Dealer who Finalized a transaction, swappped titles to the vehicles involved and received all monies due to them only to decide to research the trade in after the fact and decided to simply cancel the deal on their own.
The transaction was negotiated over a couple of weeks and each party exchanged photos and info on each others vehicles and the Dealer came back with an offer for trade with me which I accepted after much back and forth and then I wired the difference of $32,000 and FED Ex'd the Dealer the title to the trade in and made arrangements for the vehicle I purchased, a 1968 Ford Mustang Shelby GT 500 KR Tribute.
They agreed in writing executed by both parties to sell their vehicle for $92,000 and offered me $60,000 for my trade in.
If a customer enters into a transaction with a Dealer and then attempts to cancel a deal they are told too bad as the deal is binding and final.
This Dealer feels they can simply attempt to cancel the deal with no consequences.
They have my money, they have the title to the trade in and they refuse to release my 1968 Mustang Convertible to me and they cancelled the pick up of their trade in.
I have began filing complaints with the New Jersey MVC as well as the B.B.B. of New Jersey and others to follow.
Dealers are contracturally bound just as a consumer is and they need to do all reserach they find neccessary before they execute and finalize a transaction. (Bill of Sale).
I have advised them that the Deal is Final and I WILL NOT renegotiate the deal that both parties agreed to on or about 08/31/2024.
I would be very leary in doing any deal involving a trade in with this Dealer because they feel they can undo any deal if they decide they offered more than they should've for a trade in.
In closing, their own Bill of Sale states and I quote....
"Purchaser agrees that this order includes all of the terms and conditions hereof, that this order cancels and supercedes any prior agreement written or oral. This order shall not become binding until accepted by the DEALER or his authorized representative. I make this purchase knowingly without any guarantee expressed or implied, by this dealer or his agent"
1 Updates & Rebuttals
Irv
United StatesThere Are Legal Solutions
#2Consumer Comment
Sat, September 07, 2024
There are remedies for your case but trust me, the BBB is most definitely NOT one of them! You can forget the BBB with all their PHONEY BS! The BBB is NOT part of ANY government body! The BBB is NOT part of ANY law enforcement body! As such, the BBB with all their BS has absolutely ZERO POWER to force the other party to do anything or enforce any business laws...PERIOD! Those BBB "accreditations" and BBB "ratings" you hear about are all PURCHASED! In this case, the BBB with all their PHONEY BALONEY will use your complaint as a SALES LEAD to badger the other party into BUYING their PHONEY RATING. If by chance that other party has already PURCHASED their PHONEY RATING and the BBB tells you the solution is the BBB "arbitration" program, you can forget that as well because the "arbitrator" is PAID by the BBB and that PAID ARBITRATOR is most definitely NOT going to decide against a BBB PAYING CUSTOMER. That "arbitrator" would be fired as soon as the meeting ended! Every legitimate business person knows all about the BBB con-game. Don't waste your time! There is alot of value at stake here and you are not going to get it back on the cheap. Much, if not all of this deal is governed by the Contractual Terms. There is never any kind of "standard" contract and in a contract, every word counts. You are going to need to run this past an attorney, see what they think, how much is it going to cost and how long will it take. Can you re-coop legal fees? Is there the possibility of treble damages? Those are questions for your attorney and there is variance based upon jurisdiction. One thing for sure is you are NOT going to resolve this sitting at a keyboard posting internet complaints and reviews. Call an attorney and if you need to pay for a half hour consultation, so be it. You have value in this case. I wish you well!