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New Car Purchase Nightmare!

kidafa

By kidafa,
in New South Wales

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R33GTRKid Experienced

R33GTRKid

Posted
Posted

umm bush bloody lawyers, actually there is a binding contract for the sale of his vehicle, there has been an offer and acceptance, consideration in the form of a deposit and his conduct now constitutes repudiation of a contract.

You have 2 choices, you either:

1. elect to accept the repudiation and sue for damages, ie the deposit, your flights, any other out of pocket expenses and the loss of the value of the car (measured in what you would have got if you bought that car verses what you will have to pay elsewhere to get the same car); or

2. refuse to accept his repudiation and insist on specific performance of the contract.

In the case of 1, he has offered to reimburse you your deposit and other costs, which is essentially paying you any damages you have suffered and if he comes through on that offer, aside from not having the car, you are pretty much in the same position that you were prior to the contract.

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