i gotta agree. all sales men prob heard ill be back line way too much

 

In our defense (I am a salesman at a dealer) we hear i'll be back tomorrow, or the day after, or etc. way to often. We commonly refer to it as the b-back bus. So its no surprise that they sold the car. They have no guarantees that you would be back. At least if you leave a deposit you have to come back to pick it up if you change your mind. However any good salesman would of had your contact info and would have called you the moment there was another deal working. Chances are the salesman that sold it was not the sameone that spoke with you. Like that you could get a heads up and plan accordingly.

Hey and ease up on car salesmen we aren't all bad!

Andres

 

I agree about the deposit - refundable - being needed when you find the car you want. Preferably with something in writing although I have done this over the phone with a credit card and it worked out fine. Make sure you jump on the next one you see that you are sure you want.

 

dealers only understand handshakes with money in the middle

But you'll find another one my friend, keep your eyes pealed

 

on a side note..carfaxes may not mean much. my other car was in an accident a couple of years ago and there is no record of it when i looked up carfax on it. i *think* they only show salvage and flood damage though i can't remember exactly.

 

No, CarFax can only report damage submitted to authorities and insurance companies.

 

i mean most salespeople in all industries

 

Well, the OP didn't leave a deposit. "I'll be back" is a phrase we hear all too often, and not only from CA's governor. No deposit = you are not serious = we (the dealership/salespeople) get to sell the car to the next customer. Even if the OP signed something to the effect of having the dealership holding a car, without monetary exchange that piece of paper to hold the car is not a binding contract (in most states).

I don't see how that translates into a generalization of "salespeople are dirt."

 

Well, now, wait a minute. The OP said the dealer would put a "hold on it" until he go his money out of he stock market to pay for the car. The OP got his money out of the stock market, went back to the dealer with it, and found that the dealer had sold it. As an attorney, one of my favorite type of lawsuites is in the area of "promissory estopple." That means that you don't have a real signed and sealed contract, but you as a buyer are promised something like a "hold" on a car for a few days until you can gt your money out of investments. Then the dealer breaches the "hold" while knowing that the buyer is liquidating some investments. What the dealer is liable for under " promissory estopple" is not to get the car back and sell it to the buyer, or anything like that. But the dealer IS liable for any costs the buyer might have had in liquidating the investments to buy the car. I LOVE to see the look on seller's faces when they are confronted with a "promissory estopple" suit. They may not be liable for much, but they don't "skate off" for free! Nor should they.

Thanks,
Richard

 

We're not all bad.

And who ever said that they believe in deposits - refundable- deposits...what good is a refundable deposit? The only time a deposit should be refunded is if the person that made the deposit couldn't qualify for the loan; much like the ernest money in a real estate contract.