If your vehicle failed to meet the manufacturer’s warranty after a reasonable number of repairs, you may have a lemon law case. California lemon law allows lemon car buyers to get a refund or a replacement vehicle. If you think you have a lemon law case, you might be wondering if a buyback is more beneficial than a payback.
If you purchased a lemon, contact our California lemon law attorneys today at (949) 390-9695 to get started on your case.
Lemon Buyback vs. Replacement Vehicle
You will ultimately need to discuss your case with the manufacturer to come up with an agreement. Car buyers can typically choose between a buyback and a replacement. It is best to speak with an experienced attorney before you decide to ensure that you are choosing the most convenient option for you. If you are trying to determine which option is most convenient for you, we have explained what each option entails below:
Lemon Buyback
If you purchased or leased your vehicle and you decide to get a refund, it will entail the following:
- Monthly payments and down payment
- Collateral charges, such as sales tax, registration fees, and more
- Payment of your loan balance
- Expenses related to vehicle repairs, such as a rental car or tow expenses
Vehicle Replacement
You also have the option to request a vehicle replacement, regardless of whether you purchased or leased the vehicle. Requesting a vehicle replacement will entail the following:
- A substantially identical to the vehicle you purchased or leased
- The same service contract, if applicable
- All factory or dealer options that came with the original vehicle
- Expenses related to vehicle repairs, such as a rental car or tow expenses
If you purchased a defective vehicle that failed to meet the manufacturer’s warranty, you have laws that protect you. Contact our California lemon law attorneys today at (949) 390-9695 to schedule a consultation!