The Used Car Lemon law offers a consumer a legal solution for consumers who become victims of lemon purchases. The lemon law NY allows the dealers to repair, at no cost, any manufacturing defect in parts that are sold. If a dealer does not comply with the terms and conditions of the lemon law, the consumer may be able to claim financial compensation from the dealer.
Lemon laws vary tremendously state-to-state, so it is important for consumers to know what the laws are where they live. Most states allow dealers to sell used cars with some type of written warranty. Some states only require that a dealership provide a warranty when the vehicle is certified. However, there are still states that require all dealers to provide a warranty when selling used cars, regardless of whether the vehicles have a warranty. Click to discover more about this law.
A few states even extend the lemon law to leased vehicles. If a dealer sells a vehicle on a leased basis, the buyer can sue the dealer if it does not repair or replace a part that breaks down after the vehicle is leased for at least eighteen,000 miles or when it is sold but has not been returned to the dealership by the consumer. It is important to note that this provision does not apply to sales tax violations because the dealership has to fix the problem prior to returning the car to the consumer. Some states also extend this provision to vehicles that are purchased through a credit card while others only apply to automobiles that are purchased with cash.
For some consumers, a used car lemon law might apply when the vehicle is bought from a New York dealer. New York's lemon laws allow consumers to claim for an amount equal to one hundred percent of the retail price of the car if it proves to be a "lemon." In order to determine if a vehicle is a "lemon," it must have been sold for more than two thousand dollars and had it been sold by a New York dealer for at least twenty-one days. Some dealerships also have to pay for inspections that the Consumer Car Association of New York calls "a gross negligence inspection."
A lemon law attorney can be very helpful to consumers who find themselves in a situation where they do not feel as though they have a good case. An attorney can also inform the consumer about the options that are available to them. Some lemon law attorneys can reduce a fee that the consumer might owe a dealer by taking it off the balance of the loan and offering the client a repayment plan. New York also has a program that allows a consumer with an unsatisfactory loan to repay his or her car to the dealer instead of the bank for a full refund.
While some dealerships will settle for a lesser sum than the full amount owed, it is still a good idea for the consumer to take advantage of this provision. Many people do not realize that New York limits the number of vehicles that a dealership can finance at one time. After reaching the cap, a dealer cannot legally finance any more vehicles, so it is in the best interest of the client to limit themselves to vehicles that they can actually use. If they have multiple vehicles that they need to service, they may settle on a payment plan that involves a lower monthly payment, allowing them to make minimum payments. This is one of the many lemon laws that New Yorkers should be aware of. Check out this post to get more info on the topic: https://www.huffpost.com/entry/a-thumbnail-sketch-of-the_b_914699.