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Business Law question Car buying question

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I found an online add for a 2003 Honda Element for $1,999.00 I know what you're thinking, what's wrong with it? well, it's from a dealer, so I'm assuming nothing because it's listed along with a few others at higher prices. I'm thinking that they've mistyped this and made a mistake.

 

my question: if nothing in fact is wrong with this vehicle, do they have to sell that vehichle at that price??

 

discuss

No they don't.

 

EDIT: Off topic, I used to work at Best Buy, and sometimes media forgets to put higher prices on CD's after they've had their release-week sale. So look through all of them, if you do find one with a lower price, they must sell it to you at discount.

Edited by 3E8

Contract Law says that if they post a warning that there was a typo they do NOT have to honor the price. I'll bet you that they have a warning taped to the door of the dealership - and/or put an ad in the paper tomorrow.

QUOTE(sox4lifeinPA @ Mar 1, 2005 -> 10:13 PM)
I found an online add for a 2003 Honda Element for $1,999.00  I know what you're thinking, what's wrong with it? well, it's from a dealer, so I'm assuming nothing because it's listed along with a few others at higher prices. I'm thinking that they've mistyped this and made a mistake.

 

my question: if nothing in fact is wrong with this vehicle, do they have to sell that vehichle at that price??

 

discuss

 

 

Get a carfax report on that sucker.......there's something terribly wrong with that.

  • Author
QUOTE(3E8 @ Mar 1, 2005 -> 10:14 PM)
No they don't.

 

 

any particular reason? I know an add isn't legally described as an invitation to negotiate...but it seems like if you've got an item marked for a price, regardless of error, that's the price you're stuck at, otherwise I'd mark stuff down all the time just to get people into my store, ya know?

  • Author

just looked it up again.... same price.

 

it's actually on the NADA website. that's what made me scratch my head. I can't seem to find any disclaimers, either.

So, are you going to purchase?

  • Author
QUOTE(3E8 @ Mar 1, 2005 -> 10:25 PM)
So, are you going to purchase?

 

 

I have no idea. Even if I was completely in the legal standing, I don't think I have the cold heart to do something like that to another person. I'm gonna call the dealership tomorrow, just to see if anything is wrong with the car without mentioning the price. I'll let you know.

QUOTE(sox4lifeinPA @ Mar 1, 2005 -> 10:29 PM)
I have no idea. Even if I was completely in the legal standing, I don't think I have the cold heart to do something like that to another person. I'm gonna call the dealership tomorrow, just to see if anything is wrong with the car without mentioning the price. I'll let you know.

 

Dealership owners aren't real people so don't worry.

QUOTE(sox4lifeinPA @ Mar 1, 2005 -> 08:13 PM)
I found an online add for a 2003 Honda Element for $1,999.00  I know what you're thinking, what's wrong with it? well, it's from a dealer, so I'm assuming nothing because it's listed along with a few others at higher prices. I'm thinking that they've mistyped this and made a mistake.

 

my question: if nothing in fact is wrong with this vehicle, do they have to sell that vehichle at that price??

 

discuss

Nope, when its a misquote they aren't forced to do it. I know some stores have even mis priced something on there online catalogue and people have bought the stuff and while many stores will honor those that bought it as the mistaken price, they also can tell them not to.

If thats what its advertised as, I'd just show up and buy because thats a freaking steal for a 2003 Element. Just see what they say. Even if it were totaled out they'd be selling it for more then that.

 

Plus dealerships don't sell totaled out cars. Trust me, its a mistake, but you never know what could happen so call and ask them. If its the price I'd buy the thing and then put it back up and sell it for more.

popemobile.gif

Popemobile

 

honda_element_01.jpg

Honda Element

 

:ph34r:

QUOTE(Gene Honda Civic @ Mar 1, 2005 -> 10:32 PM)
popemobile.gif

Popemobile

 

honda_element_01.jpg

Honda Element

 

:ph34r:

Hey, I didn't say it was my favorite car in the world, but for 2000 bucks...thats another story :)

 

But no, in my mind they are one of the nastier cars out there. They can do some cool things though.

Most ads have a disclaimer that says they reseve the right to correct ant typos or incorrect corresponding photos, etc. In the Sunday ads it's usually on the back at the bottom. Online, I'm sure it probably only has to be somewhere within the website.

  • Author

The ad had been taken down :lol:

 

I wonder what the outcome was?

QUOTE(sox4lifeinPA @ Mar 2, 2005 -> 03:25 PM)
The ad had been taken down :lol:

 

I wonder what the outcome was?

The outcome was you missed out on a $2000 car! :lol:

  • Author
QUOTE(mreye @ Mar 2, 2005 -> 02:33 PM)
The outcome was you missed out on a $2000 car! :lol:

 

 

I'm pretty sure that's not the case.

The short answer is,

 

No they do not. Advertisements are generally an offer to deal, not an "offer" in the sense of contract law.

 

There are some ways around it, but a simple ad like this generally is not considered a binding offer, which you would need to get specific performance on the contract.

 

SB

Hmm that looks real close to the Scion. :ph34r:

 

Just saying . . .

 

411-med.jpg

  • Author

for the record, I'm not looking to buy an Element. I was just looking at hondas, nissans, and mazdas because I was bored. I found that car for that price and I was very interested by it.

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