Daniel S Blinn’s Answers

In most states, you could be responsible to pay the bank the difference between the amount owed and what the car is worth (or what it sells for at an auction). You may be subjected to collection calls, and if the amount is enough, then you might get sued. But, they would have to sue you and get a judgment before they could go after your pay.

The answer to this question me vary from state to state, but generally a lender has the right to repossess the car anytime there is a breach of contract. The company that is storing the car can assert a lien on it purposes of collecting its storage charges. if the car is not essentially picked up by anyone, then the towing company can sell it to recover its claim. The lender probably has the right to repossess in order to protect its interest in the car as its collateral. an attorney would...

Used car dealer's warranty obligations vary from state to state and may depend upon the age and mileage of the vehicle. Your contract documents will also be important. You may well have the right to "revoke acceptance", which is a legal term for cancelling the transaction and demanding your money back. The problem with registering the car is a strong indication that something is terribly amiss here. You should consult w/ a local attorney who specializes in auto warranty claims. Best place...

To supplement Ron Burdge's excellent response, I would add that, in Connecticut, car dealerships are not permitted to sell cars that are not roadworthy.

In many states, a car dealership is permitted to sell a car without a warranty. If that is the case in your state, then the car was sold "As Is", which means that there is no recourse against the dealership and you are stuck with any repair costs. In many instances, however, a dealership may be responsible if they misrepresented something about the car of they acted fraudulently to prevent you from learning of a defect. The fact that you are a retired mechanic may not be helpful. If you...

You may well have the right to cancel the transaction and demand your money back. Do not delay in seeking out the assistance of one of the attorneys recommended by Scott Kaufman, though (or any of the attorneys that do auto warranty work that you may find on the website for the National Ass'n of Consumer Advocates). They may tell you that you should at least give the dealer an opportunity to repair the transmission properly before taking the next step.

State law may vary, but generally, you need to give a dealership an opportunity to repair a vehicle. It may be worthwhile having another mechanic inspect the car after the dealer has completed repairs to make sure that the repairs were adequate. If the dealer fails to fix the car, then you may want to discuss returning the car and demanding a refund. You will need an attorney to do that, and your best bet to find a qualified consumer attorney in your state is to find a member of the National...

The warranty doesn't expire after the 12,000 miles if the problem arose during the warranty period. The difficult thing about your situation, though, will be proving that the transmission was never right after you drove 30,000 miles. You might try filing suit in small claims court on this. That is really the only practical way to handle the claim, because the cost for an attorney to handle for you will be greater than the cost of a new transmission. If the repair shop transfers the case to...

It would not be possible for parents to take out a loan with the child's knowledge and consent - unless documents were forged. And, forgery is not legal.

The answer is that it can, under certain and very limited circumstances (at least in most states). Those circumstances would include failure to maintain insurance or, possibly, if it discovered that there was fraud in the loan application. But, if a dealership did this, then there might be something considerably more sinister afoot. It is common for dealerships to retake possession of cars if they are unable to assign your retail installment contract to a 3rd party finance company. If...