Just want to share my horror story

Birdfan67 · 10-14-2015, 02:50 PM

A quick note on Lemon Laws...there are a few states that vary from the norm however your car has to be in the shop a **consecutive ** 30 days for the same issue. The factory will send a rep and or a tech to investigate issue and if it can't be resolved then they will buy back the vehicle...and 9 out of 10 times if your still paying on it ,they will do an exchange of collateral ...meaning put you in a new but like car and give the new vin number to leinholder , they will pay the difference to the dealer vs. what you owe on your loan and payments will not change nor what you owe...So yes you get a new car...but your not going to get another brand or upgrade to a BMW or something.
Years ago...manufactures were buying back 1000's of vehicles...now it's almost impossible or much harder to accomplish because they have contingencies and work arounds for everything...if its a safety issue would be the exception.

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10-14-2015, 02:50 PM	#11 (permalink)
Birdfan67 Base Member Join Date: May 2015 Location: Chesapeake Va. Posts: 89 Drives: 2017 NISSAN NISMO Rep Power: 10	A quick note on Lemon Laws...there are a few states that vary from the norm however your car has to be in the shop a consecutive 30 days for the same issue. The factory will send a rep and or a tech to investigate issue and if it can't be resolved then they will buy back the vehicle...and 9 out of 10 times if your still paying on it ,they will do an exchange of collateral ...meaning put you in a new but like car and give the new vin number to leinholder , they will pay the difference to the dealer vs. what you owe on your loan and payments will not change nor what you owe...So yes you get a new car...but your not going to get another brand or upgrade to a BMW or something. Years ago...manufactures were buying back 1000's of vehicles...now it's almost impossible or much harder to accomplish because they have contingencies and work arounds for everything...if its a safety issue would be the exception.