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Are you liable for a car after you sell it?

Are you liable for a car after you sell it?

In most states, used car sales are understood to be “as is.” This means the buyer understands that if something goes wrong after the car is driven away, it’s entirely his or her responsibility. That means that, as a seller, you’re not responsible for the car after it’s sold.

What happens when you unknowingly buy a stolen car?

What happens if you accidentally buy a stolen vehicle? The car will be impounded, and you may go to jail. Your car and any money invested in it will be gone. To recover that money you must find, sue, and win a judgement against the person who sold you the car.

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What happens if you let someone borrow your car and they wont give it back?

If the “borrower” fails to return the car after the lender makes numerous obvious attempts to get it back, theft has officially been committed. Borrowing can also become theft if the borrower sells the vehicle while it’s in their possession. In this situation, the borrower is treating the car as their own.

Is it OK to buy a stolen recovered car?

Nevertheless, buying a previously-stolen car can be a great investment. They are usually priced inexpensively and many can be found in good condition. In the case of a theft recovered car that has a salvage title, it is often a great decision to purchase such a vehicle.

What to do if someone sells you a faulty car?

You can report them to Commerce Commission. See Solving problems with your car dealer. If you have a problem with your vehicle because the seller misled you, you may be able to cancel the contract and get compensation under the Contract and Commercial Law Act.

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Who is liable if I loan my car to a friend?

In California, vehicle owners are generally responsible for damages if they allow friends or relatives to borrow their vehicle. That means it will not cover damages the excluded driver causes. Whether you are liable for damages depends on the situation and should be discussed with a licensed attorney.

What happens if I let my friend drive my car?

If you let someone else drive your car and they get in an accident, your insurance company would likely be responsible for paying the claim, depending on the coverages in your policy. The claim would go on your insurance record and could affect your car insurance rates in the future.

What happens if vehicle is not transferred?

Ensuring the transfer of ownership lies solely with the first seller (whose name is in the RC), senior RTO officials told The Hindu. In the event of the vehicle getting involved in accident or a criminal activity, the police will land at the doorstep of the original owners, if the ownership has not been transferred.

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What should I do if my car is stolen?

Report the car as stolen, NOW! Law enforcement may be able to find some one better than you can. On the other hand, they have a zillion cases and you have only 1. My colleague is correct, not only in approach but practical application: find the car, tow it. I’ve read your responses to the other attorneys.

Can a private investigator track down a stolen car?

If a process server or private investigator can track him down for service of process, then they can probably track him down to recover the car…

What happens if the buyer does not sign the title?

If the buyer does not sign the title and mail or give it to DVS, then the seller’s name stays on the title of the car. If the buyer doesn’t transfer the title within 10 days, the car’s registration is suspended.