Appellate Practice Attorney serving New York, NY
No. The dealership could be bound if the price were close to what you might expect, even if it was lower than what they really wanted to selll for, but you are not bound by the terms of your offer if is an obvious mistake (or an obvious joke.) If the newspaper prints a dealership ad offering to sell a new Rolls Royce for $5, it is an obvious mistake and the dealer is not bound by it. Since you recognize that this offer was for "an obviously incorrect price", the dealer is not bound.
Answered on May 02nd, 2014 at 12:18 PM