HoosierDaddy
Well-Known Member
- Thread starter
- #1
When taking delivery of my 2016 GT, one of the forms they wanted signed was an agreement to use arbitration for any disputes if EITHER party asked for it. So basically, you could never take them to court for anything related to the car or transaction unless they agreed.
I wasn't going to accept that unless I could approve the arbitrator. That was conveniently left out of the document which just said the arbitrator would be selected based on some rules published elsewhere. So as far all I knew at time of signing, the arbitrator could be the dealer's brother!
When I refused, the manager said he would talk to the GM and get back to me but he pointed out a clause in 1 point (exaggeration) text that said I could rescind the agreement in writing within 10 days, so I took that route.
If you get asked to sign such an agreement, think about it or rescind it later. I personally don't think its a good deal for the buyer.
I wasn't going to accept that unless I could approve the arbitrator. That was conveniently left out of the document which just said the arbitrator would be selected based on some rules published elsewhere. So as far all I knew at time of signing, the arbitrator could be the dealer's brother!
When I refused, the manager said he would talk to the GM and get back to me but he pointed out a clause in 1 point (exaggeration) text that said I could rescind the agreement in writing within 10 days, so I took that route.
If you get asked to sign such an agreement, think about it or rescind it later. I personally don't think its a good deal for the buyer.
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