Is this some sort of fraud and can i sue?

Just bought my first car on craigslist. I bought 2001 honda accord that was listed at 3500 118k miles passed smog and no problems and i did everything wrong and got screwed. The guy who originaly sold me the car didn't mention he didn't have the pink nor was it under his name and the tags and registration were expired. He talked me into taking it for 2k and i could give him the rest when we changed ownership and renewed tags and registration the next day.In less than a day the check engine and TCS light came on We met today at cal ez auto registration waited for the original title holder and signed the transfer of ownership on the title. We couldnt get the tags reg and title due to a system malfunction they said they would have to get it from the dmv and i could pick it up tommorow with the title. The original owner works at a dealership which the title was under but kept insisting he was just there to change the title. I checked carfax and the last logged millage is 159k but is still a clean title the original seller doesn't have his name on anything but the smog check. My eyes are on the original title holder who works at a dealership. I only gave 2k still have the car and the title has been transferred under my name.

The title you have in hand will mean nothing if seller's name is not listed. And if the listed person who is listed as the title holder does not sign over title to you you yourself will never be able to transfer title into your name.

It sounds like you now have the title, in your name and a smog cert less than 90 days ago, therefore, able to get registration and title transfer completed. So what is the problem?

All used cars bought from a private seller are sold as is. No warranty or guarantee of any kind. It doesn't even have to run, to transfer it to you, with a valid smog cert. You can take it to a garage and have someone look into the TCS light and it's cause.

When buying any used car, it is always a smart idea to bring along a mechanic to inspect it, and help make a good decision. The price seems fair for the mileage and age of the car.

All private sales are "AS IS". Can you sue? Yes, you can sue. Will you win? I doubt it very, very, very, very, very much.

If you don't know what this: "CAVEAT EMPTOR" means, look it up

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