What is the name of your state?What is the name of your state? TX
I sold my 1994 F150 Pickup with 184286 miles (original owner) for average blue book value of $3500, cash deal, the buyer had a friend test drive the vehicle 2 days before he bought it, he also test drove the vehicle. The truck was in great shape and ran great for us while I owned it, I had no knowledge of any problems or issues, it had recently been inspected and had oil changed. I did not offer any warranty nor was there any mention of warranty on the bill of sale receipt that was provided to them.
2 days later the buyers are calling saying they took it to have the oil changed immediately after purchase and had to pay for some additional repairs beyond the oil change. They bought the truck for their 17 yr old grandson who then "drove it to school, and drove it straight home, when it over heated and now are being told by their mechanic that the engine block is cracked and would be ~ $2000 to repair". They threaten to sue if I don't refund "half of the purchase price".
I feel badly for them, but the truck was just fine when I had it, I have no idea who changed the oil, what additional work they may have been conned out of by the oil changer and much less what the 17 year old grandson did to the truck! How many 17 yr olds get a new truck and don't take it out for a spin beyond "straight to school and straight home"!
Should I refund to avoid being sued?
I sold my 1994 F150 Pickup with 184286 miles (original owner) for average blue book value of $3500, cash deal, the buyer had a friend test drive the vehicle 2 days before he bought it, he also test drove the vehicle. The truck was in great shape and ran great for us while I owned it, I had no knowledge of any problems or issues, it had recently been inspected and had oil changed. I did not offer any warranty nor was there any mention of warranty on the bill of sale receipt that was provided to them.
2 days later the buyers are calling saying they took it to have the oil changed immediately after purchase and had to pay for some additional repairs beyond the oil change. They bought the truck for their 17 yr old grandson who then "drove it to school, and drove it straight home, when it over heated and now are being told by their mechanic that the engine block is cracked and would be ~ $2000 to repair". They threaten to sue if I don't refund "half of the purchase price".
I feel badly for them, but the truck was just fine when I had it, I have no idea who changed the oil, what additional work they may have been conned out of by the oil changer and much less what the 17 year old grandson did to the truck! How many 17 yr olds get a new truck and don't take it out for a spin beyond "straight to school and straight home"!
Should I refund to avoid being sued?