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The title branding programs typically have two objectives: A deterrent to auto theft: If a vehicle is a complete loss due to an accident, its serial number (VIN, Vehicle identification number) and registration documents could still be of potential value to persons dealing in stolen cars.
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. While this portion of a vehicle's history is usually not retained with the title when ...
“A branded title means that a car was totaled and then put back together,” Nana-Sinkam said. “With that type of vehicle, you need to be mindful of if the weld was well done. That might give ...
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]
If you’re in the market for buying a used car, heed this advice: never purchase one until you know its full history.To find that information, all you have to do is look up the car’s vehicle ...
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Buyback contract, a type of financing deal in the Iranian petroleum industry Buyback of shares, see Treasury stock Stock buyback , also called share repurchase or share buyback, the repurchase of stock by the company that issued it
Microsoft Corp. (MSFT) may sell debt later this year to fund share buybacks and dividend payments for shareholders of the world's largest software maker, Bloomberg News reported, citing a person ...
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