Lakers' Spencer Dinwiddie Sues Luxury Car Dealer Over Ferrari Deal Dispute
Dinwiddie claims Wires Only failed to sell his Mustang and refused to refund his $350,000 deposit for a Ferrari.
- Dinwiddie purchased a 1976 Mustang Shelby for $699,000 from Wires Only in November 2022.
- He later agreed to buy a 2022 Ferrari SF90 for $1.05 million, contingent on the sale of the Mustang.
- Dinwiddie wired a $350,000 deposit for the Ferrari, expecting a refund if the Mustang didn't sell in 45 days.
- When the Mustang didn't sell, Dinwiddie attempted to return the Ferrari and get his deposit back, but Wires Only refused.
- The lawsuit seeks the return of the $350,000 deposit along with other unspecified damages.