Tuesday, August 17, 2021

What Happens to Your Car Loan If You Buy a Lemon?

Automobiles are complex machines. Given that complexity, it's incredible that most new cars are consistently trouble-free when they roll off the assembly line.

But every now and then, a problem arises that simply will not go away, even after multiple visits to the car dealer for service. If you feel stuck in such a situation, an Indiana lemon laws attorney will help you to return your car to the dealer for a total refund or replacement.

One of the factors that might be affected when you file a lemon law claim is a loan that you have taken. If you intend to seek a claim under the relevant lemon law, there are a number of aspects to consider regarding your loan, but the primary thing to remember is that you must keep on making your loan repayments throughout the legal process. 


Also, talk to your lender early in the process to inform them that you are filing a lemon law claim and to learn how your loan will be influenced if you choose to obtain a replacement vehicle as your resolve option.

It is critical to understand how your lender will handle any deal on a new vehicle. For example, if you acquired the lemon car with special offers or financing, the manufacturer may be exempt from providing them for your replacement vehicle.

No one should have to fight to repair a broken car from the beginning, and no one should risk their lives by driving such a vehicle on the road. Hence it is better to seek legal relief with the help of used car lemon law in Indiana.

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