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Old 09-19-2022, 10:29 PM   #3897
Derek Sutton
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Join Date: Nov 2010
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Quote:
Originally Posted by calgarygeologist View Post
Is that type of "possession" clause even legal? It sure sounds pretty bogus. Did they have an out for insurance write offs or would you lose your $10k because of a total loss?
https://globalnews.ca/news/8613777/l...n-man-suv/amp/

This was one that made the news. Dealership kept a $1 lien on the vehicle to prevent it from being re- sold. The Owners story is completely bogus however as the lien was placed on the vehicle because the purchaser was a known exporter and on the GM “blacklist”. The dealership was covering their butt, when really it would’ve been much easier for them if they’d just turned the purchaser away.
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Last edited by Derek Sutton; 09-19-2022 at 10:37 PM.
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