NON-DISCLOSURE OF PREVIOUS USE AS A RENTAL
N/AOUTCOME: $25,838.19
Type of Case: Dealer Fraud – non-disclosure of previous rental Total Amount of Recovery: $25,838.19 Attorneys: Hovanes Margarian, Esq. Facts of the Case: Our client purchased a 2006 Dodge Charge ... r from Defendants. Subsequently, she discovered that the subject vehicle had previously been used as a rental vehicle and as such, its value was substantially lower than perceived at the time of sale. Defendants had failed to disclose this material information to her at the time of purchase. Client’s Contentions: Client alleged fraudulent conduct with regard to the failure to disclose the subject vehicle’s prior use as a rental. Defendants’ Contentions: Defendants contended that they had no knowledge of the subject vehicle having been used as a rental. Actual Damages: $2,300.00-$3,500.00 (the value difference between the subject vehicle and a similar vehicle that had never previously been used as a rental). Recovery: A full repurchase of the subject vehicle and payment of attorneys’ fees totaling $25,838.19. The case settled within one month of Client retaining Hovanes Margarian. Conclusion: Client had attempted to reach an agreement with the dealership prior to retaining counsel, but was treated with disrespect and refused a remedy. Upon retaining the Hovanes Margarian, Client not only received a full refund, but also the benefit of having use of the vehicle for a period of five (5) months at no cost.
