Too big a risk?
Discussion
Planned to view a car tomorrow from a certain national dealer network that fits my requirements.
I've realised that the network in question are experiencing some difficulties at the moment and are closing a number of their branches.
This has scared me somewhat. I don't yet know if the branch I am visiting will be closing but I was wondering if this is as big of a red flag as it seems or if I should still be safe potentially going through with the purchase if I like the car? If I do like it and pay, is my money safe or not? Hypothetically if the entire company were to fold before I got the car, what would happen?
I've realised that the network in question are experiencing some difficulties at the moment and are closing a number of their branches.
This has scared me somewhat. I don't yet know if the branch I am visiting will be closing but I was wondering if this is as big of a red flag as it seems or if I should still be safe potentially going through with the purchase if I like the car? If I do like it and pay, is my money safe or not? Hypothetically if the entire company were to fold before I got the car, what would happen?
TREMAiNE said:
Planned to view a car tomorrow from a certain national dealer network that fits my requirements.
I've realised that the network in question are experiencing some difficulties at the moment and are closing a number of their branches.
This has scared me somewhat. I don't yet know if the branch I am visiting will be closing but I was wondering if this is as big of a red flag as it seems or if I should still be safe potentially going through with the purchase if I like the car? If I do like it and pay, is my money safe or not? Hypothetically if the entire company were to fold before I got the car, what would happen?
https://www.am-online.com/news/dealer-news/2019/09...I've realised that the network in question are experiencing some difficulties at the moment and are closing a number of their branches.
This has scared me somewhat. I don't yet know if the branch I am visiting will be closing but I was wondering if this is as big of a red flag as it seems or if I should still be safe potentially going through with the purchase if I like the car? If I do like it and pay, is my money safe or not? Hypothetically if the entire company were to fold before I got the car, what would happen?
They are one of thew biggest Dealer groups in the country (were the biggest for a while). I doubt they will be going away, just restructuring IMO.
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