I went to this deal expecting a pleasant experience & I had my own financing. Their method of handling simple business logistics is near crazy to chaos. Apparently the owner likes it that way as stated by a salesperson. On the sales slip in the car it stated a warranty but there manufacturing warranty only. When I went to sign official paperwork is stated As-Is which no mention of even the manufacture warranty. The car fax stated no accidents but there was apparently an accident to the car which they did state in a vague statement which I needed to sign. I did do a double take on the extend of the damage to the car but the deal breaker for me was the arbitration agreement which basically states you can not be apart of a law against for whatever reason. Once I decided not sign this they kindly refused to sell me the car.
When buying your next car or truck, read your paperwork carefully. Some car dealers and financiers are inserting an “arbitration clause” in the fine print to take away legal rights if case they do something wrong to you. Currently, some Ford credit, Chrysler credit and other bank finance contracts include an arbitration clause. Likewise, many car dealers are doing it, too. Watch out!
An arbitration clause does not have to be in your contract, and an arbitration clause can take away your right to go to court without you even knowing it! Some arbitration clauses are written so “tight” that you could get mugged, robbed and beaten up on the car dealer’s lot, by their employee, and you couldn’t do much of anything about it at all!
If you already signed an arbitration agreement, don’t give up because you may still be able to get around it, but the best thing is never to sign one in the first place
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