Home | Ask Your Question | Mortgage Glossary
Find me a lender for:  
Lemon Laws for Used Cars are Just Around the Corner By Charles Essmeier

In 1982, California became the first state to pass an automobile lemon law which gave owners of defective cars the opportunity to seek a replacement or a refund for a new car that had a defect that could not be repaired in a reasonable amount of time. This law proved so popular that other states soon followed suit. Less than twenty five years later, all fifty states have some sort of lemon law on their books. California may take the lead again in the protection of auto buyers as the state Assembly recently passed a bill of rights designed to protect buyers of used cars.

This bill, which has not been signed into law, would protect buyers of used cars from deceptive lending practices, sales of lemon-law buyback vehicles, and vehicles with frame damage. Buyers would also be allowed three days in which to cancel the deal if they changed their mind after the purchase.

This bill may or may not become law, but it outlines the need for laws that cover sales of used cars as well as new ones. While all states have a lemon law that covers the sale of defective new vehicles, few states have laws that protect buyers of used vehicles. As a result, many buyers have become victims of deceptive practices such as rolling back a vehicles odometer to show fewer miles, reselling cars that have previously been bought back by manufacturers as lemons and selling wrecked cars that have been repaired without noting their accident history. In addition, many used car dealers sell cars using deceptive financing terms that can add hundreds or thousands of dollars to the cost of the vehicle, often without the buyers knowledge.

If this bill does become law in California, expect other states to follow, just as they did with lemon laws. Consumer protection benefits everyone, and laws protecting buyers of used cars are just around the corner.


Copyright 2005 by Retro Marketing.

Charles Essmeier is the owner of Retro Marketing. Retro Marketing, established in 1978, is a firm devoted to informational Websites, including LemonLawHelp.net, a site devoted to automobile lemon laws and End-Your-Debt.com, a Website devoted to information about debt consolidation and credit counseling.




See Also:

California City California Real Estate
California City California Real Estate California City, California, is located in Kern County, 32 miles N of Lancaster, California and 78 miles N of Los Angeles, California. California City has a population of 8,385. California City Homes California City properties pool is 3,047 ... more...

California Pennsylvania Real Estate
California Pennsylvania Real Estate California, Pennsylvania, is located in Washington County, 26 miles S of Pittsburgh, Pennsylvania and 163 miles E of Columbus, Ohio. California has a population of 5,274. California Homes California properties pool is 1,889 residential properties ... more...

Save Thousands on Your Home by Utilizing California Refinance
Whenever I hear the word refinance or mortgage, I start to get nervous. In California, most folks like to relax, enjoy the sun, sky and surf (or mountains if you have em) and not mess around with their hard-earned homes. But California Refinance can actually save people thousands upon thousands of ... more...

California Refinance - Refinancing in California
The real estate market in California is booming. Home values continue to appreciate almost on a daily basis. Refinancing your home is an excellent way to take advantage of the low interest rates currently being offered by California lenders. The beautiful scenery and warm climate make California ... more...


More on california...

Search More Info On:

  • California
  • Copyright Laws
  • Purchase
  • For Sale By Owner
  • Credit History
  • Information
  •  

    Shop For Your Mortgage Now!
    Shop For Your Mortgage Now!

    You'll be re-directed to Top-Lenders.com

    Want to Know Your Rate?
    Get Customized Mortgage Quote Instantly

     
    ExplainingMortgages © 2005 - 2009