Friday, March 15, 2013

5.What is Covered by the Law - If Your Car is a Lemon or Not!

There are many laws that protect you as a consumer from buying a lemon. Even if your car is not considered to be a lemon you may be the victim of automobile fraud.

It is a common problem for consumers today when products are purchased. If you think you got an excellent deal you might find out later that what the seller promised to you was not what you expected at all. You might have agreed and signed on the dotted line under false pretenses. You might have even been coerced by the seller to buy the vehicle under different expectations.

The good thing to know is that if you were coerced to sign a legal document under false expectations and pretenses you may not be obligated to abide by the contract. It is important to know that you cannot just stop abiding by the contract. You do have to follow a legal process but the law is on your side.

All states have principles that are considered to be common law. These principles prevent businesses from being unscrupulous and capitalizing on making deals considered to be the product of fraud.

This common law means that the seller must have known that the representation of the vehicle was false. You must have relied on that information given to you by the seller when you purchased the vehicle.

Fraud is measured by most states by rescission, which is the ability you had to avoid the deal. It is common that the buyer is entitled to a compensation of cash awarded to you when an automobile fraud deal has occurred.

In addition, any monetary damages you might have suffered will be awarded to you also. This includes payments you might have made repeatedly to get the vehicle repaired and up and running. The consumers who are the most successful are the ones who can recover the court and attorney fees also.

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