Legal Question in Consumer Law in Virginia

Private car sale

I am selling a car for $27,000 that I owe $15,000 on. The buyer wants the car now and will pay me $17,000 certified funds and the rest when I pay the note and sign the car title over to him which should take 8-10 days.

Does this sound like a bad decision?


Asked on 3/07/07, 9:08 pm

2 Answers from Attorneys
John Jackson Law Office of John A. Jackson, P.C.

Re: Private car sale

Yes, it is a bad deal. Get all the money, give him the care, and then transfer title.

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Answered on 3/07/07, 9:20 pm
Ruth Emily Kochard Ruth Emily Kochard, Counselor at Law

Re: Private car sale

Agreed. By no means should you take any less than the full amount, and then transfer title.

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Answered on 3/07/07, 10:28 pm


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