Q: I purchased a truck 22 months ago from a reputable dealer. I was given a blue book value of having positive equity.
I wanted to see how much my truck was worth today and found out it has an accident on it and value is significantly lower because of this. Is this something that I could hold the dealership legally responsible for?
A: It depends upon the facts. You will need to show that the dealer knew that the truck had been in an accident and that you did not know that fact, and could not have discovered it through the exercise of reasonable diligence like obtaining a CarFax report or having the vehicle inspected by a mechanic before buying it.
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