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Lemon law protection arises under state law, with every U.S. state and the District of Columbia having its own lemon law. [1] Although the exact criteria vary by state, new vehicle lemon laws require that an auto manufacturer repurchase a vehicle that has a significant defect that the manufacturer is unable to repair within a reasonable amount of time. [2]
The policy term is the period that an insurance policy provides coverage. Many policies have a one-year term (365 days) but other terms both longer and shorter are used. Policy terms can be for any length of time and can be for a short period when the period of risk is also short or can be for multi-year periods.
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Buyer's remorse doesn't always happen immediately, but if it does, you can usually return new purchases for a full refund -- at least when you're buying consumer goods like clothes, gadgets or ...
If you plan on getting a new car within a few months of selling your old one, you may want to speak with an agent about converting your policy to a non-owner policy.
A return is costly for the vendor and inconvenient for the customer; any return that can be prevented benefits both parties. Returned merchandise requires management by the manufacturer after the return. The product has a second life cycle after the return. An important aspect of RMA management is learning from RMA trends to prevent further ...
In addition to zero-interest financing for up to five years and the return-purchase program, Chrysler is also offering up to $3,000 cash back on purchased and leased vehicles.