Basically I have an old car. All estimates given were verbal. After everything, the total ended up being 6k of work. I can finance about 3, which leaves 3 for me to make cash. In the event that I cannot pay the bill, what will happen?
I assume my car will get repossessed by the mechanic and sold at auction, but how will this affect my credit? Will this affect my credit at all? Has anyone had a similar situation where they were able to settle on the final bill? Any insight is welcome and appreciated
Don’t stiff your mechanic. Your duty next time is to get an estimate in writing and advise your mechanic what your spending cap is, and any repairs beyond that are with your approval only.
Your mechanic has to eat, too. It’s not in his job description to alleviate your financial woes.
I believe in most states, it’s the mechanics responsibility to give a written estimate, and it’s also state law in many states that the shop requires a signature before performing work. I’ve been a mechanic with my own business for over 40 years and it’s been a common practice for my business to do this.