freddie1117
Junior Member
What is the name of your state? Missouri
My son purchased a car from a used car dealer. He actually bought a truck whose engine threw a rod on his way home; then, was told if he'd choose another vehicle, they'd apply his down payment, otherwise he'd lose it, so he choose a Dodge Intrepid. He financed through a bank. Then, his Intrepid was totaled in a 3-car accident and his insurance company paid off the loan and he received $301 (minus $500 deductible). He had around $2000 invested, minus interest payments. In the insurance report, he discovers the odometer has been set back, way back, and that the car was in two previous accidents, hit once in the exact spot he was hit in in his accident. Going into the VIN information website, he found the vehicle has 13 reports on it, but hasn't yet paid money for the information they contain. Question is: can he recover any money from this used car lot or does the insurance company paying off the bank loan kind of void everything?
My son purchased a car from a used car dealer. He actually bought a truck whose engine threw a rod on his way home; then, was told if he'd choose another vehicle, they'd apply his down payment, otherwise he'd lose it, so he choose a Dodge Intrepid. He financed through a bank. Then, his Intrepid was totaled in a 3-car accident and his insurance company paid off the loan and he received $301 (minus $500 deductible). He had around $2000 invested, minus interest payments. In the insurance report, he discovers the odometer has been set back, way back, and that the car was in two previous accidents, hit once in the exact spot he was hit in in his accident. Going into the VIN information website, he found the vehicle has 13 reports on it, but hasn't yet paid money for the information they contain. Question is: can he recover any money from this used car lot or does the insurance company paying off the bank loan kind of void everything?