Today 2/18/2017 I was car shopping due to having a car that was involved in a crash, I want a new car. I go to trade in my car and the dealer has informed me that this car has been labeled as salvage. I was shocked as I am still paying my loan for this car I was not informed it was salvage by my insurance company.
If not disclosed, consult with a consumer attorney who handles car fraud to understand your rights and any possible remedies. Sometimes a vehicle is listed as "salvaged" though it is not really junk. Each case has its own facts and I would not assume you cannot do anything about it. If you paid $10,000 or less, perhaps you can sue the seller for the damages or for a full refund in small claims court. Did you get this loan yourself or is the lender either the selling dealer or assigned a contract from the dealer? If the dealer or its assignee, then you may also have defenses due to any dealer misrepresentations and/or fraud. For this I would consult with a consumer attorney.
NOTICE: The above statements are provided for informational and educational purposes only and are not intended as legal advice or advice of any sort for a specific case or legal matter. If you do not have a signed attorney-client fee agreement with the Consumer Law Office of Robert Stempler, APC ("the Firm"), then until such written fee agreement is provided and signed by both a prospective client and attorney for a particular case, neither Mr. Stempler nor the Firm will represent you nor will they be your attorney in any matter and you remain responsible for retaining your own attorney and for compliance with any and all deadlines and for any statutes of limitations that may pertain to potential claims. Comments made on a public forum, such as Avvo.com, to not have any confidentiality because others may read them. The result portrayed for a client was dependent on the facts of that case. Results will differ if based on different facts. Any testimonial or endorsement of Robert Stempler or the Firm does not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter.
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