"SteveLehto" (stevelehto)
08/06/2015 at 08:00 • Filed to: None
9
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"SteveLehto" (stevelehto)
08/06/2015 at 08:00 • Filed to: None | 9
| 14 |
I get asked from time to time about lemon law buybacks. Are they a good buy if you have the chance to get one used? The answer is a resounding NO, and here is the podcast and video in which I explain this.
Automobile manufacturers buy back defective cars from people like my clients all the time. These are the cars that cannot be fixed and have crazy-bad problems. Transmissions that have no fix, roofs that leak, engines that stall. They get bought back and resold, often without later owners !!!error: Indecipherable SUB-paragraph formatting!!!
But what if a savvy buyer finds one? Might it prove to be a good deal? For such an esoteric question, this one gets asked a lot. Are recycled lemons a potential good deal? Almost certainly, No. !!!error: Indecipherable SUB-paragraph formatting!!!
And now I have explained it in audio and video form.
Here is the audio.
https://soundcloud.com/stevelehto/don…
And here is the video.
Do not buy a recycled lemon if you can avoid it. You have been warned.
Follow me on Twitter: !!!error: Indecipherable SUB-paragraph formatting!!!
Hear my podcast on iTunes: !!!error: Indecipherable SUB-paragraph formatting!!!
Steve Lehto has been practicing law for 23 years, almost exclusively in consumer protection and !!!error: Indecipherable SUB-paragraph formatting!!! He wrote !!!error: Indecipherable SUB-paragraph formatting!!! and !!!error: Indecipherable SUB-paragraph formatting!!! .
This website may supply general information about the law but it is for informational purposes only. This does not create an attorney-client relationship and is not meant to constitute legal advice, so the good news is we’re not billing you by the hour for reading this. The bad news is that you shouldn’t act upon any of the information without consulting a qualified professional attorney who will, probably, bill you by the hour
Mattbob
> SteveLehto
08/06/2015 at 08:07 |
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but..... but, what about lemonade?
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SteveLehto
> Mattbob
08/06/2015 at 08:09 |
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Make it while the sun still shines [cliche’ cliche’] !!!!!!!
LongbowMkII
> Mattbob
08/06/2015 at 08:11 |
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first step acquire lemon
second step crush lemon
third step drink lemonade.
extraspecialbitter
> Mattbob
08/06/2015 at 08:44 |
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where do you get recycled lemons?
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Mattbob
> extraspecialbitter
08/06/2015 at 08:49 |
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recycled lemon trees.
Birddog
> Mattbob
08/06/2015 at 08:50 |
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extraspecialbitter
> Mattbob
08/06/2015 at 08:50 |
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shouldve seen that coming. damn you shelbyville
E92M3
> SteveLehto
08/06/2015 at 09:39 |
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There’s a dealer around here that sells almost nothing but lemoned CA vehicles. I came real close to buying a E90 M3 from them when I was searchimg for one. It was exactly what I wanted in colors and options and was 10 miles away. Every other one within 1000 miles I would of had to concede on at least 1 thing I wanted (usually the color). The salesman showed me paperwork where it was lemoned because of a “smell reported by the owner”, and what BMW had done to repair the car before it went on the auction block. It also came with an extended warranty from BMW for 12 months or 75k miles for piece of mind. I was told this was done on all the lemoned cars they repaired and sent to auction. I was just about to buy it, but after a closer inspection I noticed the bolts holding both fenders, the bumper, and the hood had socket marks on them. Meaning the car was in an accident, but the carfax was clean as far as accidents. It did show it as a buyback. If it wasn’t for that I may have really done it, and be owning a lemoned car. Even if the problem was fixed, if I ever wanted to sell that car I would of had a hard time or had to give it a considerable discount compared to the market price.
otapunk
> SteveLehto
08/08/2015 at 12:07 |
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It’s really bizarre that the people professionally selling cars and homes, the most important investments average person makes, are usually the biggest crooks around.
And completely off-topic question that bugged me so much that I had to listen first five seconds of half your podcasts: Why is it that people with finnish names living in US pronounce them like they were in English when people with names from other non-english speaking counries atleast try to keep pronouncing theirs correctly? Did you all just give up at some point? :D
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SteveLehto
> otapunk
08/08/2015 at 12:20 |
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You think you can pronounce mine correctly?
It sounds too odd for the average American and most CAN’T say it right. When I meet Finns I say it correctly.
And few readers here know it’s Finnish.
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otapunk
> SteveLehto
08/08/2015 at 12:48 |
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Puhun myös suomea, so yeah. It’s just weird because other’s don’t do it no matter how hard their name is to pronounce. I don’t think something like Ibrahimovi is easier than Lehto, and no I’m not a huge football fan that was just the first eastern european name that popped into my head. At what point did you get fed up with it and started to call yourself Leito?
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SteveLehto
> otapunk
08/08/2015 at 13:08 |
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Part of it is also because your introduction is presumed to be how you want others to address you. If I say it correctly, English speakers will either 1) mispronounce it worse (leddo?) Or 2) struggle with it and give up.
Are you in America? Many people have Americanized their names here. I have known a lot. Poles, even Germans. Or changed them entirely at Ellis Island. I know a few Makis who are now Hills - and I’m sure you know why.
AeroStang
> SteveLehto
08/08/2015 at 14:39 |
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Looking forward to the transcript! :)
JCAlan
> SteveLehto
08/08/2015 at 22:54 |
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From the finance side (at least with GM).....No major bank will finance a buy back vehicle (including manufacturer captives), and no major service contact provider will extend coverage on one (including manufacturer-branded ones). This should tell you something. Even the manufacturer that swears they fixed it and it’s fine now can’t attest to its value or reliability.