Warranty on a used car with 180k miles?

[Pat88998899]

What is the name of your state? Massachusetts


I have an ad in the Want Ad for a 92 Cadillac Eldorado, which has 180k miles on it, fair to good condition, book value about $2200, for $1500 or BO. Everyone that calls tries to talk me way down because of the high mileage. The last person I spoke to said that if I sell it for under $700, a buyer cannot return the car even if it won't get a sticker within 7 days.
I looked up the law and believe it to read that if a car has 125k miles or more (no matter how much you sell it for) OR if you sell it for less than $700, the buyer cannot return the car to you, even if they cannot get a sticker.

Am I interpreting the law correctly?

 

[BlondiePB]

What is the name of your state? Massachusetts


I have an ad in the Want Ad for a 92 Cadillac Eldorado, which has 180k miles on it, fair to good condition, book value about $2200, for $1500 or BO. Everyone that calls tries to talk me way down because of the high mileage. The last person I spoke to said that if I sell it for under $700, a buyer cannot return the car even if it won't get a sticker within 7 days.
I looked up the law and believe it to read that if a car has 125k miles or more (no matter how much you sell it for) OR if you sell it for less than $700, the buyer cannot return the car to you, even if they cannot get a sticker.

Am I interpreting the law correctly?

Sell the car "As Is" and include that on the bill of sale along with the purchaser being responsible for registration and insurance upon taking delivery.

 

[Zigner]

And, change your asking price to $2,200 so the $1,500 seems like a deal to the potential buyers