Forum Discussion
frankdamp
Dec 17, 2014Explorer
You were remarkably fortunate. We just had our first (and hopefully, only experience) with consignment. No names, no pack-drill, but I think we got scammed.
After the initial inspection the dealership estimated an "asking price" of $28500 and was confident they could get around $25000.
The rig was immaculate inside, had a one-year-old replacement fridge and only 18,000 miles from new in 2002. It had some minor cosmetic issues, needed a re-seal of the rubber roof (estimate $450) and the generator wouldn't run (a fix estimated at $350).
After three months of no activity, we finally got a bid of $14,000. less than half the dealer's initial estimate. We rejected it immediately and were told "Come pick it up". My lawyer asked them if they were unilaterally abrogating the contract.
We eventually settled for a selling price of $15,800, $9000 less than NADA wholesale, because we were sick of dealing with these clowns. When I signed over the title, they had surreptitiously folded over the bottom tear-off section, which is the Washington State "Seller's notification of Sale", intended to protect the seller if the buyer doesn't re-register the vehicle. They seemed a bit ticked when I unfolded it and tore it off.
When I got home, I realised there was no entry in where the Buyer i/d was supposed to go. I called, and the dealer said "Just put our name on there", which I did. I later realised that, because the dealer's name was on the Notification of Sale, and the check I got was theirs, I had legally sold the rig to them.
i'm still working with the State of Washington Vehicle Licensing Fraud people to find out if I was really scammed. Based on my experience, I wouldn't EVER use consignment again.
After the initial inspection the dealership estimated an "asking price" of $28500 and was confident they could get around $25000.
The rig was immaculate inside, had a one-year-old replacement fridge and only 18,000 miles from new in 2002. It had some minor cosmetic issues, needed a re-seal of the rubber roof (estimate $450) and the generator wouldn't run (a fix estimated at $350).
After three months of no activity, we finally got a bid of $14,000. less than half the dealer's initial estimate. We rejected it immediately and were told "Come pick it up". My lawyer asked them if they were unilaterally abrogating the contract.
We eventually settled for a selling price of $15,800, $9000 less than NADA wholesale, because we were sick of dealing with these clowns. When I signed over the title, they had surreptitiously folded over the bottom tear-off section, which is the Washington State "Seller's notification of Sale", intended to protect the seller if the buyer doesn't re-register the vehicle. They seemed a bit ticked when I unfolded it and tore it off.
When I got home, I realised there was no entry in where the Buyer i/d was supposed to go. I called, and the dealer said "Just put our name on there", which I did. I later realised that, because the dealer's name was on the Notification of Sale, and the check I got was theirs, I had legally sold the rig to them.
i'm still working with the State of Washington Vehicle Licensing Fraud people to find out if I was really scammed. Based on my experience, I wouldn't EVER use consignment again.
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