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Why You Should Not Sell Or Trade-In Your Vehicle If It Is A Lemon?

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Allen Stewart
Why You Should Not Sell Or Trade-In Your Vehicle If It Is A Lemon?

There are many people who are not yet familiar with the stipulations of the New York new car lemon law. When there is a defect in their automobile, which is not being fixed even after multiple attempts, the first things they tend to do is selling the vehicle or try to trade it to a dealership. Because there is some defect in their vehicle, they get ready to sell or trade-in this vehicle is a very low price even if it is comparatively new.

But, what they actually need to do it file a lemon law complain. If you are an owner of a lemon, the lemon law is the good news about which you need to know.

The best thing about lemon law is that it is possible you may receive the amount that is a lot more than just the price of the vehicle. If your claim for your vehicle being a lemon is successful the law makes sure that the manufacturer buys back the car and refunds your money. The amount that you receive from the manufacturer is not the current rate of your vehicle, but the rate at which you purchased the vehicle.

Even though your car has undergone depreciation over the period of time, the law entitles you the get the refund of your vehicle when it was brand new. With the help, of lemon law, you, as the owner of a lemon, can recover your following costs.

1) You receive the purchase rate of your automobile from the manufacturer.

2) Tax, license costs and additional fees.

3) Registration fees of your vehicle.

4) All the repair costs you had to pay for in multiple repair attempts.

5) Towing costs, if there have been any.

6) Costs of rentals for the car.

7) Fees of the attorney you hired for the lemon law claim.

The only amount that is reduced from the refund is the mileage fee based on the distance travelled by the car before it was brought in the first time for repair. The manufacturer does not pay for any extra parts that are added after the car had left the service centre.

If you calculate the total amount, you receive after hiring an attorney and filing a claim as per new car lemon law in New York. It is two to three times more than what you will receive for selling or trading in the car. We admit that the process involved in filing the lemon law claim is a little complex. But, as an end result to this, you receive a substantial amount in your pocket, which makes the hassle of lemon law worth it.

So, hire an experienced lemon law attorney to claim the lemon law instead of selling and trading-in your vehicle if it is a lemon.

Andrew Richardson is the author of this Article. To know more about Lemon Law in Georgia please visit our website: allenstewart.com

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