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speednme1 speednme1 is offline
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Join Date: Nov 2007
Location: New Jersey
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Quote:
Originally Posted by JMS935 View Post
Bozos...read further, the non binding aspect of it only applies to the buyer - not the seller. The seller is bound to a contract if the buyer intends to follow through with the purchase. The BaT auction would at minimum work the same exact way, but it would help if the auction house, BaT in this instance, had their seller also sign a listing contract. I hope I kept that short enough for you ppman.
BAT is not an auction house, it is an auction service for your vehicle. There is a difference. I agree with you that both should be binding but that is not the case. Even if you list your car with an auction house or consign your car with a dealer. You as the owner(title holder) have every right to not to sell(pull the vehicle) if you choose to but you will incur fees as the selling dealer or auction house can claim that your vehicle has taken storage space and time. You also may be at their mercy since they have your vehicle. It may take going to court to retrieve your car but in the end you will get your car but will lose some money in the process. Once again, I too would be upset if I won an auction and the seller tried to pull a fast one. Part of any good sale is the seller too. If the seller is a douche, the car may not be as great as he or she makes it out to be.
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Old 05-15-2019, 01:04 AM
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