In most state , used car sale are read to be " as is . " This means the emptor understands that if something endure wrong after the car is driven by , it ’s entirely his or her duty . That means that , as a trafficker , you ’re not creditworthy for the railcar after it ’s sell . However , would - be sellers should understand a couple of authoritative point .
First : If your cut-rate sale contract includes any language distinguish a warrantee or a guarantee on the railcar , you might be on the claw for anything that go awry . As a individual vender , you in all likelihood are n’t in a position to offer up any such affair ( you ’re not going to vivify the cable car yourself , right ? ) , so such a guarantee would be an odd benefit to offer . As long as the declaration does n’t say you ’ll take the car back if something goes wrong ( and why would you do that ? ) , you ’re good . Anything that was said during the sale wo n’t put the seller on the bait either . Any statements about a warranty have to be in writing to carry legal weight [ source : Johnson ] .
secondly : Do n’t by choice wangle the status of the railway car when you betray it , because that ’s fraud .
Fraud is serious . If it ’s let on that you ’ve committed fraud , you ’ll likely be force to take the railcar back , and you also might face other sound consequences . Here ’s an instance : Say a automobile wasfloodedor in a serious accident . It should have been salvaged , but a process called " title lavation " kept the auto from being branded as a wreck , and so the harm was never disclosed during the cut-rate sale .
Not all case of fraud are that hard , though . Any pretended statement about the motorcar ( a statement of fact , not an opinion ) — which the purchaser can prove is wrong — can open up a fraud showcase . In other words , fraud is a measured and illegal action at law on the part of a funny seller , rather than a scenario in which the purchaser and marketer but disagree about the elbow room the car ’s condition has been draw . ( If you say the railcar runs well , and the vendee drive off and finds it ’s not really running all that well , that ’s not role player . )
This might sound funny to anyone who ’s ever bought or sell a used car , but silver dollar really is the safe policy . As long as you do n’t manipulate the car you ’re selling , it ’ll be out of your life for dear once your buyer has driven it aside .
