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Do Your Homework First-Is dealer collectible???? (archive)
[ Follow Ups ] [ 6-series (E24) Message Board ] [ Msg. Board FAQ ]
Posted by Lars PNW 77_630 on June 04, 2001 at 11:38:47:

In Reply to: I disagree, somewhat. posted by Kirk T - MI 635 on June 04, 2001 at 09:17:21:

After a lot of years in Banking and collections, the first rule of order in legal action is to determine if the dealer is even collectible. The man said one important thing in his post. There are already a number of legal actions outstanding on this dealer.

Dealers who operate like this generally have nothing to lose, which means they have nothing to collect. I bet the dealer has been in business a relatively short time, and you would find he has been in business before, under another name, or at another location.

So, do you get in line and let your own expenses pile up (legal action), or do you walk away, lesson hopefully learned.

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