Hidden Risks Of Purchasing A Defective Vehicle

Buying a pre-owned vehicle can be an exhilarating experience; however, that excitement can turn to disappointment when buyers are stuck with a lemon. It is important for everyone hitting the used car marketplace to know the traps of buying a lemon cars. A lemon car is a car that has substantial defects or issues that adversely affect the safety, value, and/or use of a vehicle and that are not repaired after reasonable attempts. Seeing red flags on the home tour can prevent buyers from relatively expensive repairs and long-term aggravation.

The downfalls of buying a lemon car are many, over and above the obvious mechanical problems that can be hidden. The engine, transmission, or brake systems could have problems that don't make themselves known right away in a test drive but turn into big trouble later. Buyers are advised to have a mechanic they trust take a look at them thoroughly before making any purchase. Also, if you look at the maintenance history and search for prior accidents or common repairs, that can be important as well.

Financial liability is another headache when purchasing a lemon car. If left unattended, even the smallest problems can turn into expensive repairs. Not only can a car that you’re always having fixed drain your wallet, but high-maintenance requirements can also affect insurance rates and resale value. Knowing the price added peace of mind and allows for a better decision that you won't regret or second-guess at a later time.

Legal protections differ between jurisdictions, but in some areas, buyers of troublesome vehicles may have cause to turn to “lemon laws.” Such laws typically apply to new cars, although in some cases a used vehicle can also be covered if its defects are serious and chronic. It is important to research local laws and seek legal advice if you think that the car might be a lemon.

There are some proactive steps you can take to prevent the purchase of a lemon car. In addition to hiring a pro for an inspection, buyers should check the VIN and consider trusted vehicle history reports. Checking the car for strange noises, inconsistent operation, or neglect may also give a clue that something is not right with the automobile. By proceeding carefully with the purchase,  purchasers can steer clear of defects and enjoy a safer, more secure purchase.

Overall, purchasing a lemon vehicle is a bit of a risk; however, as long as you conduct thorough research and pay attention to detail, the amount of risk is limited. Knowledge of the signs and effects of defects, guides to financial implications, and an awareness of your legal rights are all important steps for any home buyer. Careful homework has the potential to empower you in used car purchasing and prevent you from making too many decisions that your gasoline-guzzling baby is living.

Andrew Richardson is the author of this Article. To know more about GM lemon law buybacks, please visit our website: allenstewart.com