Paying for a car then returns it the next day?

Question:
I had a guy return the car the next day saying he doesent like it .But he left it on the street with no tag .He left me a message that he has the keys and title and will return in a few days for his money...But he left it on the street with no tag.I called him and he never called back.Today it was towed by the city .I dont want the problems its his now....He did sign a paper that the car is sold in as is condition....I need feed back on this.

Answers:

i have just bought a used car but when i drove off i broke down after only 1 mile what are my statutory right

it depends on the state you live in. In California, there is no cooling off period. if he signed the papers with the as-is in it, it's his. if you do decide to give him the $$ back, you could charge him for the tow and impound fees plus for the car for the day he had it. it's your choice.

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In my state, as long as you aren't a dealer the sale is a done deal. Did you sign the title? Then it belongs to him.

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Additional: You signed the title over. You no longer hold title. It's up to him to go to the dmv and transfer. HOWEVER, you may be responsible for towing and storing. Call and explain and figure out your liability. If you are being charged for storage, I'd go get it out and sue him in small claims for any fees.

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Just keep the money and if the guy comes back tell him hes beat and if things get ugly call the cops its not your fault

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Sounds like it is his car

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Well if you transferred the title and you got the money I don't see how he could return it. That is his fault for buying something he didnt want. Tell him if he wants to get rid of it, he can do it on his own.

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If he paid you, and you gave him title, it became his car, not yours. As is means that. If he shows up with title and keys tell him "no refunds" and let it go at that. It is his fault the car was towed, not yours.

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The car is sold. In California, you just need to make sure you have turned in the release of liability dated when you sold the car. Whatever you do, don't take the car back, as you do not know what he did to/with it.

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Essentially he is responsible since he has the titles and keys and you have the payment in full. That's the easy part. Unless you signed a "release of liability" and filed it with DMV, then the charges and storage are going to be billed to you as the last known owner. You will be given a chance to pay for the towing and storage and regain title to the car after a certain period of time. At that point he is out the money and you can sell the car or leave it in storage and they will sell it for the storage and towing fees. The person who will lose is the new purchaser who left the car.

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Just make sure that you notified the authorities (DMV, RMV, DVLA, whomever) of the change in ownership. And keep your copy of the bill of sale, just in case. It's his problem, not yours.

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If he shows up, just tell him that it's his car and the city towed it and you know nothing about it.

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Got the money? Not your problem. He signed the papers - he owns it. When it comes to used cars - buyer beware! Move on with your life!

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Possesion is 9/10ths of the law. You have the money, he has the keys and a dated signed (legal) document showing transfer of ownership. The state has the car. YOU have the money. It is up to him and the state or county to work out the problem. As for him not liking the car, buyers remorse. Call the cops if he comes snooping around. And show them a copy of the release of ownership. (you did make and retain a copy didn't you?)

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Legally it's the buyer's car.

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But unless you filed the 'Release of Liability' with the DMV prior to the towing, you will be held responsible for the towing/storage fees.

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You sold it and he owns it. Even if you had agreed to take it back he would still be responsible for the towing and such since he parked it illegally and you did not receive the vehicle from him (keys, title and money returned). It is no different if he was bringing it back and he got into a wreck.

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He is responsible for the vehicle and for registering it. You sure you sign the release of liability and sent it to the DMV.

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You should explain that the vehicle will be sold at a lien sale if he doesn't get it out in 30 days.
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