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 > When is a purchase a purchase?

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Mondooker

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Posted: 01/13/22 10:43am Link  |  Quote  |  Print  |  Notify Moderator

Hi dedmiston, The plot thickens, I just checked and the guy is from Charlotte, NC where it is titled. But his dealer is in Orlando Florida where he signed the papers and will take delivery. Does what you said still apply, no ownership until it leaves the dealership?

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Posted: 01/13/22 01:29pm Link  |  Quote  |  Print  |  Notify Moderator

"Never ever sign the papers until all work is completed to your satisfaction."

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Posted: 01/13/22 03:20pm Link  |  Quote  |  Print  |  Notify Moderator

Mondooker wrote:

But when is the Coach actually his? When he signed the papers or when he takes delivery?

When the buyer signs the completed Bill Of Sale declaration in the purchase agreement, they now own it. If the buyer is in possession of, or the dealer has submitted the documentation needed to title and/or register the unit, the buyer most certainly owns that puppy.


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Cummins12V98

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Posted: 01/13/22 03:22pm Link  |  Quote  |  Print  |  Notify Moderator

Plain and simple don’t pay in full until the punch list is 100% complete.


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BurbMan

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Posted: 01/13/22 04:18pm Link  |  Quote  |  Print  |  Notify Moderator

Once the paperwork is signed and the bank funds the note, he owns the unit. His punchlist has gone from PDI to warranty work. Ideally, the buyer wouldn't have signed until the PDSI stuff was fixed. But in today's market, the dealer probably put the squeeze on him and said sign now or I'll sell it to somebody else.

If the dealer is truly waiting on parts from the mfr to fix the unit, then it really doesn't matter whether it's warranty or PDI, the dealer has top wait for the parts.

time2roll

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Posted: 01/13/22 06:43pm Link  |  Quote  |  Print  |  Notify Moderator

Mondooker wrote:

Hi dedmiston, The plot thickens, I just checked and the guy is from Charlotte, NC where it is titled. But his dealer is in Orlando Florida where he signed the papers and will take delivery. Does what you said still apply, no ownership until it leaves the dealership?
I assume the paperwork included a disclosure that the deal is final with no cancellation or cooling off period.


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Mondooker

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Posted: 01/13/22 06:51pm Link  |  Quote  |  Print  |  Notify Moderator

Hi time2roll, I have no idea about that. The guy just seemed comfortable because a friend of his is a biggy at Jayco and what has to be completed has to come from Jayco.

time2roll

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Posted: 01/13/22 07:53pm Link  |  Quote  |  Print  |  Notify Moderator

I have mostly read Jayco is pretty good on warranty work. Do they still have the two year bumper to bumper?
I would call the biggie before getting too hard on the dealer.

spoon059

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Posted: 01/14/22 05:49am Link  |  Quote  |  Print  |  Notify Moderator

gbopp wrote:

I would think if he got a loan amd signed all the papers he owns the unit.

Correct, as soon as you sign the paperwork and the dealer either gets the money or stipulates that they will get the money, the camper belongs to the buyer.

None of this "driven off the lot" nonsense. If I bought a car from that Caddie dealer, signed papers and exchanged money, then got in and wrecked into a bunch of parked cars before I left the lot, would that be covered under the dealers insurance? No, the accident occurred in my own privately owned vehicle that had yet to be "driven off the lot", and the responsibility is mine. If it was a test drive, its the dealers insurance. Once I legally own the vehicle, its my insurance.

What if some other customer wrecked into my Caddie after I bought it and left the scene without leaving information? Would the dealership fix the car because it hadn't been driven off the lot? Of course not.

* This post was edited 01/14/22 05:58am by spoon059 *


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laknox

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Posted: 01/14/22 03:30pm Link  |  Quote  |  Print  |  Notify Moderator

Even if the buyer owns it, it's not real likely that he's going to be camping in the next 2-3 months, so, were it me, I'd leave it there until it started pissing off the dealer to get it moved. I'd simply state that it's going to sit on his lot until it's fixed to my satisfaction, then contemplate a Magnusson-Moss claim due to "inability to use as designed" if he doesn't get it fixed in a timely manner. :-)

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