WesBank defeated in court by family-owned dealership
Arguments WesBank argued that Your Car Guy had breached the Master Sale and Representation Agreement (MSA), which governs vehicle transactions between the bank and the dealership, as well as the accompanying Dealer Approval Letter.
It was only after Rocha defaulted that WesBank discovered that the vehicle had originated from a third party that was not an approved WesBank dealer and that it was not part of Your Car Guy’s dealer stock when the transaction was concluded.36 million from a motor dealer after a customer made three payments on a new Ford Ranger before disappearing with the vehicle.
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