My friend owns an RV she is getting a settlement under California Lemon Law. Will that money be taxable?
14
Jul
My friend owns an RV she is getting a settlement under California Lemon Law. Will that money be taxable?
10
Jul
I bought a used car from a dealer in Syracuse, NY with a bad transmission. It is a 93 LeBaron with 135,000 miles on it. It drove off the lot OK then the transmission went a few miles later. He’s been “working on it” for OVER 2 MONTHS!! He continues to delay me with new excuses every week. He won’t give me my money back and yet he won’t admit the car is no good. Other than the NY State DMV, Attorney General and the Better Business Bureau are there any other sources besides a lawyer to ask for help?
9
Jul
From begining to end. And what was the settlement?
3
Jul
Hey, I bought this car about 7 months ago from a used car dealership and I’ve got to drive it maybe 5 months it is still under warranty for the power train. Well It’s been in the shop four times for the same thing and of and on ever since I got it.I’m getting tired of being car less every time it’s in the shop. So does the Lemon Law apply to used cars as well as new ones? Thanks everyone.
2
Jul
I own a 2002 BWM 745i and have taken it to the shop more than I drive it. The AC unit they’ve worked on 3 times. Does this fall under the lemon law? It’s still under warranty but expires next year and I’m concerned since these cars are very expensive to repair.
What other options do I have?
30
Jun
I got some answers on how to declare my car a lemon on here not too long and have contacted an attorney. Well, the car is definitely eligible for the lemon law and the attorney feels like we could win this case.
Thing is, the attorney’s office wants 1/3 of the compensation plus costs. The loan amount is for $22,000 so we’d have to settle for around $35,000 in order to get the full refund of the car and pay the attorney fees. Is this a reasonable settlement amount? I don’t think the company would agree to that big of an amount for a 2006. But the car is still under manufacturer’s warranty with an extended warranty and has also had Ziebart added.
We’re really at a loss. If we were to do it on our own, do you think we could still be successful? And how would we do that?
Any advice would be great!
30
Jun
How does the lemon law work in protecting buyers in purchasing vehicles?
30
Jun
Give me some details on the lemon law, pls.
29
Jun
Let’s say you want to buy a used or certified pre-owned car through eBay Motors. You the buyer are a California resident, but the seller is in, let’s say Arizona. Which state’s lemon laws apply to the purchase? Is the buyer protected under California’s lemon laws, or does the state of the seller determine lemon law jurisdiction?
28
Jun
Car dealerships have to sell cars so they must provide a source of financing to their customers. Loans will usually be provided on the spot to car purchasers and it is up to the customer to decide which of the various offers they wish to accept.
It doesn’t matter if the cars are being sold from the showroom or the sales lot, the terms and rate of the loans being offered are usually fairly competitive between the various loan companies. The customer is always free to find another financier if not satisfied with what is being offered so there is a lot of competition between lenders for the business.
But this is not the case with the car loans that are given out for used cars. The rates that are charged by the loan giving companies usually differ from each other as it is the discretion of the loan companies.
Therefore, it is advised that before taking or choosing a loan the customer should properly research the rates that are prevailing in the market. He or she should not jump at once to grab a loan merely because the rate offered is low. There are bound to be companies which offer better rates. The customer should go through all the programs and then apply for a used car loan that suits him the best. And if no loan suits his interest then he can always go back to the first loan that was offered to him at a low rate of interest.
A customer can register online or can go and directly collect the forms. The person should however compare the loan rate that is being offered to him. The customer can search online for the prevailing market loan rates; or rather collect the rates directly from a local lender. This way he will have an idea of the lowest rate offered. Before taking up a loan however, the customer should also take into consideration, the number of months for repayment.
There are online lenders who usually offer used car loans at a very low rate of interest, which comparatively is even lower than the rates offered by the banks. And moreover banks usually reject the applications of car loans if it is for a used car.
So the advice here is that the used car buyer must do thorough research regarding loan terms and rates available to get the best financing possible.