Prestige Porsche PPI - BEWARE
#16
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I'm with Vic here-I think that the odds of the seller getting more then 30K are slight. If he does, it will take a long while before the right buyer comes along. Sorry you missed out on the deal, but time to get back to looking for another good example that will make you smile every time you see your Porsche.
Al
Al
#17
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Originally Posted by footUNDER
1988 911 Coupe - 36,000 miles - concours condition - full documentation and window sticker
advertised for $27,500 and agreed price of $27,000. Prestige told him it was worth $35K-$40K
advertised for $27,500 and agreed price of $27,000. Prestige told him it was worth $35K-$40K
The mistake you made was not paying for the PPI yourself and making it clear to Prestige's that your were the client, not the owner. That way, they should not have communicated anything to the seller without your consent.
#18
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fwiw, general rule is that if you and the seller agreed on a price, it's a legally enforceable promise. You could sue him for willful breach and ask the court to enforce the contract. You could also sue the dealership for tortious interference. As long as you have some sort of documentation (email, perhaps?) that you and he agreed on a price of $27000. I'm assuming the purchase was conditioned on the car passing the PPI. Well, the seller bringing the car to the dealership for the PPI is performance, and an indicator of your mutual agreement. The seller has no legal right to back out of the contract you and he made.
--TheOtherEric's significant other (1st year law student studying for her contracts final)
--TheOtherEric's significant other (1st year law student studying for her contracts final)
#19
Burning Brakes
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Actually, $27000 for an 88 911 with 36k, even in concours condition, is a pretty fair price in my book. It might pull low 30s if it had 10k miles, but over 30k miles ... I don't think so.
Absolutely. The late G 50 3.2's are nice and demand a premium, but nowhere near a $40K premium!
Sorry to hear of your trouble.
Lee
#20
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Its an oral (parol) contract. You don't need anything in writing. Offer and acceptance conditioned upon Buyer's (YOUR) acceptance of the PPI, no other conditions appear to be present for Seller's obligation to sell. Of course, it's your word against his but the facts seem to lean in your favor, why else would you take the car for a PPI? Sue for specific performance of the contract, or in the alternative, the difference in price when you purchase a similar car and the price you agreed on here. Sure, suing is a little extreme, but so is breach of contract.
I imagine Seller just got a better offer and is just using dealer as an excuse. Wouldn't bother involving the dealer anyway, they are just a guilty bystander.
I imagine Seller just got a better offer and is just using dealer as an excuse. Wouldn't bother involving the dealer anyway, they are just a guilty bystander.