Quote:
Originally Posted by 37zeroZ
Let say the tables were turned and he test drives and/or inspects the vehicle he want to purchase and then signs the purchase agreement and then soon after he drives it off the lot he soon realizes that someone beat the s**t out of it even though it was perfect before signing the purchase order. This person knew what's up and only asking for advise because he knows he's in the wrong.
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I think that's a different situation. Usually state laws hold dealers accountable for their representation of cars, while private parties selling cars are presumed to be selling "as-is." The lawyers would need to sort this out.
I would be very surprised if the OP's insurance company will cover the car now since it's now in the physical and probably legal possession of the dealership, and the OP likely already informed the ins co that he no longer owned it when he obtained coverage for his new car. This would have been much less of a headache if the OP had come clean at the time of the trade.