Q: I am in the state of Nevada. I recently came across an advertisement from a licensed car dealership for a car for $1
Is this a binding price? Excluding any document and processing fees. The ad includes VIN number and all car details.
In general, advertisements are considered invitations to make an offer, not binding contracts themselves. However, there are exceptions and legal principles to consider. In Nevada, if the ad includes the VIN number and all the car details, it might be seen as a specific offer rather than a mere invitation.
But hold on, there's more to it. Keep in mind that the advertised price may exclude additional document and processing fees. These fees are often added to the final purchase price, and it's essential to review the fine print and any applicable terms and conditions.
Now, to truly determine whether this $1 offer is binding, you'll want to consult with a business or contract attorney in Nevada. They'll dive deep into the specifics of the advertisement, any relevant state laws, and precedents to give you a clearer picture.
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