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GOBankingRates spoke to auto experts about the questions you should ask the dealer before buying a used car so that you don’t make any car-buying mistakes and end up with a lemon. kate_sept2004 ...
Thanks to lemon laws in all 50 states (and Washington, D.C.) you can probably hire a lawyer for free who will arrange for the dealer to buy back your car. If an attorney who specializes in lemon ...
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 paper's findings have since been applied to many other types of markets. However, Akerlof's research focused solely on the market for used cars. Akerlof's paper uses the market for used cars as an example of the problem of quality uncertainty. It concludes that owners of high-quality used cars will not place their cars on the used car market.
Lemon laws primarily serve to force manufacturers to buy back defective vehicles or exchange them. Depending on the jurisdiction, a process similar to vehicle title branding may also be used to warn subsequent purchasers of the history of a problem vehicle.
Here are the basic laws around car insurance in Michigan: Insurance requirement: Michigan requires all drivers to carry at least a minimum amount of car insurance coverage as determined by state law.
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
Vehicle emissions inspection station in Wisconsin. Arizona – biennially, in Phoenix and Tucson metro areas only, depending on age and type of vehicle. [28]California – biennially for all vehicles from out-of-state, regardless of age; and all vehicles made after 1975 which are more than six years old in all or some zip codes in 41 out of 58 counties.
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related to: michigan lemon laws used vehicles near me under 5000 lbs by owner craigslist