Tuesday, January 15, 2019

Is The Lender Responsible Under Lemon Law As Well?


As per the lemon law, if the car is been purchased by using any financial plan provided by the lenders and the vehicle in the car is the authorized lemon car, then the lender, in this case, will not be held responsible. The person held responsible, in case of any defect in the vehicle when it is in the warranty period, is the holder of the warranty which is usually the car manufacturer. For solving the disputes between the buyer and the car dealer, a person is been specialized known as Lemon Law Attorney.

Under the local lemon laws, due to any reason if you file a case for collecting on your vehicle, then you have to continue with the payments till the time the case is not been settled i.e. lenders must get their payments on time. If not then the repercussions might be there and high possibility is there that the rights of the purchaser of the vehicle may be forgone under the norms of law.

It's highly advisable to take into account the lender before pursuing the lemon law claim so as to know the reaction of the lender and to know how the loan will be affected if you go for the replacement of the vehicle for any remedy. So before entering into the contract with the lender, make sure to ask for all the details for every situation which may arise.

For more details about Lemon law in Ohio  please visit our website: allenstewart.com

0 comments:

Post a Comment

Search This Blog

Powered by Blogger.