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hickory13

Hi
I need some insight, I am considering purchasing a car which is at a dealers out of town. I did some due diligence and online searched the dealer and discovered his business is in liquidation (since last year). I have tried to call the liquidator to find out the terms of the liquidation since the dealer is also offering to do trade ins etc.
This car is that dream car we all have and put off buying but I don't want to buy it and end up in a difficult place if something turns out to need addressed ( will be getting a pre purchase inspection).
I am not familiar with this type of thing so any advice would be greatly appreciated. If its too big of a risk then I will keep looking and waiting if necessary but I want to gather some facts first.

Thanks

Anon

Hi there,
This process can be a little tricky and warrants careful thought.
1, You need to establish who exactly would be the seller/ seller has to have clear title in order the legally be allowed to sell the vehicle.
2, The CGA, if something goes wrong down the track, who would be responsible to give assistance under the CGA, or who would you return the vehicle back to if you had to reject it? Would the seller be still classed as "in trade" and would they actually be able to give such a guarantee?.

hickory13

Thank you Cade. Very helpful.
I think there are probably too many variables that could go UGH so walking away.
Plus I have done some careful questioning of the dealer and he has avoided admitting he is in liquidation so doubt the honesty factor for a start.