- Report: #1534144
Complaint Review: South Jersey Classic LLC - Newfield N. Jersey
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Author Confirmed
Why?
South Jersey Classic LLC
52 Harding Hwy. Newfield, 08344 N. Jersey, United States
Phone:
856-521-0832
Web:
https://www.sjclassics.com/
Categories:
Business Rating:
(1)
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South Jersey Classic, LLC i.e Shawn Wark, Owner and Logan Wilson, Owner Dealer is having Sellers Remorse and refuses to release the classic I purchased for cash plus trade in aftr the Deal was Completed!!! Newfield N. Jersey
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Complaint filed with NJMVC 09/06/2024
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...."
