Buying a used car is certainly riskier than buying new. Most automobiles are the same straight out of the factory. However, this is not the case with used cars. That car’s history determines whether it runs well or if it requires constant repairs. With this in mind, as a consumer, you need to be aware of your legal rights while shopping for a used vehicle.
The law allows you to appoint a person to act on your behalf to find the used car you want. People in this profession are known as car brokers such as Car Search Brokers. Hiring a broker can save you time and effort. For example, you may be poor at negotiating with care salesmen.
The idea of hiring a car broker is that he or she can more effectively act on your behalf to get you the vehicle you want at the best price. However, to prevent yourself from being scammed, you must do the proper research. An individual offering services as a car broker must be legally licensed to do so in your state.
Used Car Warranties
Another thing you may worry about is obtaining a warranty on second hand cars. With new cars, a warranty is included from the manufacturer. However, this is not always the case with used cars. In most cases, the warranty is purchased from the used car dealer.
Make sure to read over all the fine print to fully comprehend the terms of the warranty you are being offered. A “full warranty” should cover replacing any components that may have issues. You shouldn’t be paying out of pocket at all. However, often times, the warranties offered for used vehicles are more limited. A limited warranty may dictate what systems of the car will be covered and what percentage the dealer may pay.
Overall, since buying used is a riskier investment, a good warranty should certainly be on your checklist for buying a used car.
In many different scenarios, the legal rights of used car owners are protected by something known as “lemon laws.” A lemon in this case is a car that has quality issues that are either misrepresented by the seller or not made readily apparent to the buyer. The fact that a car is a lemon only becomes apparent to the buyer after the purchase has been completed.
Thankfully, there are laws in place to protect consumers under these circumstances. This is thanks to rules put in place by the Fair Trade Commission, the Magnuson–Moss Warranty Act and different state lemon laws. These rules can protect used car buyers in regards to both the current state of a vehicle as well as how a used car warranty is allowed to operate.
For example, a state lemon law could list the number of repair attempts that a dealer can make under a warranty. If this number is exceeded, the full purchase price of the vehicle could be refunded to the buyer. Another common example protects the buyer if the car ceases functioning all together during a specific time window after the purchase has been made.
Lastly, if the buyer believes that the dealer has broken the law in regards to how a used car was sold or how a used car warranty was implemented, that person has the right to sue the dealer. To successfully sue, you usually need to have purchased the car under terms other than “as is.” If that’s true, you may have a case if you can prove that you experienced a significant financial loss as a result of the seller’s fraudulence.