Quote:
Originally posted by benebob
Dealers are required by the state to be bonded for such things. I know that in Flordia he said that the bond was only $50k and that when that's gone its gone. First come, first serve. Good luck!
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In Texas, used car dealers must be bonded, but franchised dealers don't (how's that for testimony to the political clout of new car dealers?).
The bond is only $25,000. It doesn't take too many customers to exhaust that in a hurry.
Take benebob's advice and MOVE FAST!!!! In some states you first have to go to small claims court and get a judgement against the dealer, then present the judgement to the bonding company that wrote the bond.
Good luck, Mitch, I feel for you.