QUESTION: I wanted to know if I enter a contract with a used car dealer and I trade in a used rebuilt salvage (formerley totaled car), if they don't ask or notice it on the title until after the papers are all signed and money exchanged hands, can they renig on the deal after 24 hours if it says on the bottom of their contract "contract binding for 24 hours then all sales final?"

ANSWER: This is one you have to ask your local Department of Motor Vehicles (or whatever it is called) in your state. Each state's laws are different and therefore we don't keep track of them. It is likely though that you are required to disclose the salvaged nature of a vehicle when selling a car. On the other hand, lots of dealers have been known to buy and sell salvaged cars. Assuming that the car had been registered with the Ohio DMV (or whatever it is called in your state) the dealer would be able to find out that the vehicle had been salvaged. That's probably why they have the 24-hour clause in the contract.

Regardless, it is likely that disclosing that the car had been totalled is required by law in your state.

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