21 Apr 2016
DELMONT v BMW FINANCIAL SERVICES NEW ZEALAND LIMITED [2016] NZHC 762
- Citation
- [2016] NZHC 762
- Court
- High Court
The High Court upheld the District Court finding that the sale was commercially reasonable because independent assessments by an experienced valuer and the auction house supported the sale price, the appellant had an opportunity to market the car and failed to provide evidence of a higher achievable market value or to mitigate loss, and therefore no breach causing measurable loss was established.