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"I
Want a Replacement"...
The
California Lemon Law has a provision to replace the vehicle
you purchased or leased new for another new vehicle.
If you paid
cash, it’s called “substitution of title”. If you
financed or leased, it’s called a “substitution of
collateral”.
In
California, the “replacement” scenario can be effected
only if both the automobile manufacturer and the consumer
mutually agree upon it. Neither party can force the other to do
a replacement. One party cannot force the other party to accept
a replacement. It’s fair for both parties in all ways.
A
replacement vehicle can be especially viable if any of the
following situations exist:
-
Negative
equity position in a buyback scenario.
-
Change
in credit score status affecting subsequent next-vehicle
purchase.
-
You
made such a great deal on the vehicle that is being
repurchased that you can’t repeat the same car deal &
price.
-
The
manufacturer is willing to swap to any like MSRP priced
vehicle model in their lineup, if your vehicle needs have
changed.
I suggest that in a replacement
scenario, that you re-think your driving needs and outside
influences, such as gas prices, family changes (new
baby, or maybe now a empty-nester?), and many other
factors. Life’s full of changes. Maybe your car needs have
changed as well!
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The California Lemon Law Auto Expert
5 Ambassador Circle. Rancho Mirage, CA. 92270
Ph: 1-858-342-0073
None of the information contained in this website should be construed as legal advice. Legal advice should be sought by contacting a qualified attorney that is an expert in the California Lemon Law. This website does not provide a specific endorsement to the quality or viability of the services of any listed lemon law attorney, nor the potential outcome of any case they may choose represent a client in.
Copyright 2008 The California Lemon Law Auto Expert No portion of this website, copy or conceptually, may be reproduced
In whole, or part, with out the specific permission of The California Lemon Law Auto Expert.
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