Car Sales: Do Gentlemen’s Agreements Apply? Is your word your bond?
What if you are offered much more money for what you are selling?
What if as a buyer, a much better deal just fell in your lap?
A guy recently said to me about a car transaction: “I’m old school and for me trust is everything, even if no deposit was given” – This was a guy who had agreed in principle to buy a car over the telephone and email. The seller sold the car to someone else while this guy was making arrangements to collect it and pay.… Click here to continue reading this article