Used car sale - Am I getting cheated? Hi,
I booked an Aveo and would be getting delivery within a week. I wanted to sell off my current car (Santro) before that. Since I do not have time to sell for private parties, I thought of selling it off to the dealer's used car showroom or some other used car showroom. My dealer gave the contact of their used car section (which I later came to know that, they are not directly part of the dealer but they are just offloading some business to him).
The used car agent and another guy (Mr.X) came to my place to inspect the car and took a test drive. Mid of that, the agent told me that the guy with him is the prospective buyer. The bargaing sessions then started. All the while the agent was mostly supporting me (making me believe that what I am asking for is reasonable). Mr.X was a middle aged guy. He said the vehicle is for his private use and he is only a civil enginner. All the while I was getting a feeling that Mr.X is an auto expert. He immediately noticed the repaint on my car, estimated how much he will have to spent on repairs etc. I was getting an insecure feeling and I asked them for one more day to tell my decision. But they pressurised me and made me take an advance from them. Mr.X also had a printed form with him which talks about the advance, balance amount, date of delivery which he made me sign. They left saying they would pay me in cash and take delivery in a week. The RC transfer the agent said, he would get it one in 10 days time and give me a photocopy.
After the guys left and I thought about the whole incident and was wondering if there is a plot here. Could Mr.X be the agent's guy and they made the drama to make me feel I am making a direct sale and getting a good deal? Could it be that,
1. They take the car from me, put it on sale in their showroom and sell it off to someone else, get the RC transfered in the new person's name and show the RC to me. I have no issues with this, if during the sale they would have told me this (rather than making me feel I made a direct sale)
2. They do not transfer the RC and use the car for some more time and sell it off for a better price (as ownership hasnt changed in between). Any issues that happen during this period due to the car would direct it to me as I would still be the owner as per RC (I dont know if the delivery note they give me would hold value here)
Thinking about this I called up the agent and said we will do all transactions and RC transfer on the same day. I said I would accompany them to RTO office. The agent's reply was, transfer will take a while as he has to get the repairs and painting done on the car. I asked why this is required for RC transfer and he had no answer. I took this as a confirmation that they plan to do the repairs and put it on showroom. Also I asked the name of the prospective buyer once again and the agent first said he is Mr.Y and immediately said Mr.X. I asked is it Mr.Y or Mr.X and he said it is Mr.X (again a bit fishy). I told the agent to call Mr.X or Y and tell that I would like to do the RC transfer with the deal and call me back. He would call me back today hopefully.
I am in a dilemma. Could things go bad as I think or should I just ignore all these? If Mr.X is a geniune buyer he will be interested in RC transfer at the earliest. If he says no, should I come out of the deal. Should I also keep the dealer informed about this?
Hoping for your advice on this.
Nirmal |