I have sold a car privately a few months back not only to have the buyer come back at me stating I have sold the car under fraudulent/deceptive terms because it wasn't performing how it should. The key point being I stated the cars power was at a certain figure, mind you this information I gave was the information that was previously given to me when I purchased the car a year prior.
The buyer had a thorough inspection done prior to purchasing the car by a well known inspection company which was the only way he was able to purchase the car . I have stated back to him the "caveat emptor - buyer beware " . In term they are seeking legal compensation against me to modify the car to suit .
What id like to know is am I liable for this as i believe i haven't been misleading at all and provided all information i have known , or is the inspection company liable?I believe this person is just being difficult as prior to the car purchase I was at the point of backing out due to the stress they were causing me with the transaction .
The buyer had a thorough inspection done prior to purchasing the car by a well known inspection company which was the only way he was able to purchase the car . I have stated back to him the "caveat emptor - buyer beware " . In term they are seeking legal compensation against me to modify the car to suit .
What id like to know is am I liable for this as i believe i haven't been misleading at all and provided all information i have known , or is the inspection company liable?I believe this person is just being difficult as prior to the car purchase I was at the point of backing out due to the stress they were causing me with the transaction .