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Interesting discussion, I have been thinking about car deals for the past month or so...
I can't count the number of times I have heard people talk about car/truck/SUV deals that went south. It is truly amazing. As mxfrank said, a simple check by a mechanic BEFORE making an offer usually turns up the real mechanical issues with the car/truck SUV.
I rarely hear about house deals going south. Maybe it is because there is a lot more money on the line so the buyer orders a house inspection FIRST? I dunno....
All that said, in today's climate, we all need to be more careful with our car/truck/SUV dealings.
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