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![]() (hopefully) The process is starting to move forward regarding Nissan's buyback of the sick Pathfinder. Got two calls today from the Arbitration Specialist. It could still take another couple of weeks however for the corporate office to generate and forward the offer. She also explained the difference between a "buy back" and "replacement". If they buy back the car, the check goes to me upon surrendering the title. If it's a "replacement", the check goes to the dealership and is applied to the price of a replacement vehicle. If the replacement vehicle cost is more than what Nissan reimburses, I pay the difference. If less, I get the difference from the dealership. The only risk right now is if what Nissan agrees to pay is different than what I think and the dealership says they have to pay. I've provided them the number ... it basically makes me "whole" as if I had never purchased the car. The probability that their offer will be the same number is very high, but we won't know for sure until the formal "offer" is delivered. I was talking to the manager at the dealership this afternoon. He's in full agreement that Nissan will match the number I expect and he expects. Then I had a thought: I suggested that we could complete the whole deal tomorrow if we do the "replacement" option. The dealership will receive the check from Nissan. I'll give them the title to the broken Pathfinder tomorrow, pay a small amount for the difference we have already negotiated for the replacement and I am done. The dealership has to accept any risk of dealing with Nissan if the check they send is different than what we both agree it should be. The dealership manager is all for it. They would love to add the "sale" of the replacement vehicle to June's bookings (ends tomorrow) because they are in the running for some kind of sales award. So, I am going to write up an agreement between the dealership and me that absolves me of any future liability, financial or otherwise, in the event they have a dispute with Nissan with the check amount. Basically it will say that they assume all the risk. Wish me luck. I'll be glad when this freakin' nightmare is over. --- This email has been checked for viruses by AVG. http://www.avg.com |
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