I'm in the process of buying a car and negotiating. I walked away from a deal and they followed up by calling my cell phone and left a voicemail giving me the price I was looking for and more money for my trade in. Is the voicemail legally binding? Can I hold them to that legally?
1 Answer from Attorneys
Depending upon the amount at issue, you probably cannot hold them to that amount - since a legal doctrine called the "statute of frauds" which in part requires that contracts for goods worth over $500.00 be in writing - probably protects them.
That said, it seems unlikely that a dealership would agree to a deal on which it was unwilling to follow through. Ask them to make you an offer and fax it, or email it to you - that would be binding.