Wednesday, May 4, 2011

What to Do if: You Have Been Lied to about Your Used Car!

If you are the victim of used car fraud, you are not entirely helpless. Certain laws, rules and regulations have been put in place to help protect you against unscrupulous used car dealers. By knowing your rights and acting upon them, you may be able to receive at least some compensation from the dealer.

What the Dealer has to Disclose
Many car buyers mistakenly take the phrase “Buyer Beware” at face value. They assume that if they did not properly inspect the car or ask the right questions, the dealer is under no obligation to bring any faults to their attention.
In some cases this is true. When buying a used car, you should take precautions. Never buy a car without first checking the vehicle history report, test driving it and having it inspected by a mechanic.
However, the used car dealer cannot intentionally misrepresent the car or hide the facts. Car dealerships are required by law to disclose all material known facts. You may have a case against a dealership if they do not disclose the following information:
  • The car was previously owned or used as a demo   
  • The car has been in an accident
  • The odometer reading is not accurate
  • The car was used as a rental
  • The car was a Lemon Law buy back

Understand Your Right
To put it simply, you do have rights when you buy a used car. Unfortunately, your rights will vary based on the state where you bought the car. If you suspect you have been lied to about your used car, it is best to:
  • Review your purchase contact: Read the contract carefully. There may be some language in the contract that entitles you to a refund or free maintenance.
  • Contact the dealer: The used car dealer may not have intentionally lied. You should bring the mistake to their attention. They may surprise you by working to correct their mistake. Regardless of their decision, make sure you keep a detailed record of any contact you have with them.
  • Get Legal Advice: Seek the advice of a legal professional immediately. Just the simple presence of an attorney may convince the car dealer to provide you with compensation.
By Jermy Myers

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