Welcome New User! ( Create Account | Sign In )

Our members earned over $6,000.00 last month! Join Us

Start earning today!

 
Congratulations!
bobintexas

bobintexas

Professor (1,341)

bobintexas answer was awarded and will earn ongoing royalties from this thread.

How This Works?

 
Question

Submitted 55 days ago...

deceptivelie

deceptivelie

Beginner (32)

I have some questions please thanks you in advance as well.

Why would a dealer ask you to write and get a letter notorized for the other half of a refund they owe you for a used defective car that was returned to them for such defects?

They gave me half the downpayment back while returning car now they are offering to give other half of downpayment back as long as I write a notorized letter stating there will be no legal action taken against them? Should I do this? What actually are notorized letters? Do they hold up in court? The used dealer knows they are wrong and that I have a strong case and they don't want me taking them to court now so they gave me any offer? I am in maryland what do you think?

Share | Abuse |
 
Answers

Awarded Answer (What’s This?)

Answer 1 / 1 - Submitted 55 days ago...

bobintexas

bobintexas

Professor (1,341)

What they want is a release of liability. If you are not going to persue the matter any more and are satisifed with the return of the down payment, then sign the letter in front of a notary (most banks have them). Make sure that the letter includes a paragraph where the dealership holds you without liable also and that they will not attach or report anything unfavorable to a credit reporting agency. I'd look up example of liability releases on the web and cnstruct a similar letter.

 

This Question was awarded 55 days ago therefore you can no longer post an Answer. However you may post a comment below.

 
Comments
Submitted 55 days ago...

deceptivelie

deceptivelie

Beginner (32)

Thanks you are always helping me each time I need help thank you so much but do they hold up in court for each party to go against those letters?

Share | Link | Abuse
 
 
 
 
 

Add A Comment

Email Subscriptions
Author adds clarification
All new responses