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Dimitry K., Esq.
Dimitry K., Esq., Attorney
Category: Business Law
Satisfied Customers: 1611
Experience:  Run my own successful business/contract law practice.
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My spouse recently purchased a car. He told me that he

Customer Question

My spouse recently purchased a car. He told me that he purchased the new vehicle for a certain amount but when his car/loan statement came in the loan amount was much higher than the presumable purchase price!
How can I find out what was the real purchase price on this car?
Submitted: 1 year ago.
Category: Business Law
Expert:  Asad Rahman replied 1 year ago.

Do you know what dealer he bought it from? Purchase prices are usually not made public record so there is no state database that I know of that keeps that information.

Customer: replied 1 year ago.
I don't know the dealer but will the insurance company know?
Expert:  Asad Rahman replied 1 year ago.

I doubt it. They would only know the market value.

Customer: replied 1 year ago.
Thank you Mr. Rahman.
Expert:  Asad Rahman replied 1 year ago.

Sorry, we couldn't be more help. The best thing is to press him to tell you or see if you can find the paper work.