Pennsylvania residents who purchase a vehicle from a car dealer may have legal recourse if they believe that the dealer was not truthful about the condition of the vehicle. If the dealer withheld information regarding previous accidents that the vehicle had been in or if certain parts of the vehicle do not work as they should, the car dealer may be held financially liable.
There are about 20,000 cars on Pennsylvania roads that were once listed as totaled due to flood damage. Unscrupulous dealers skirt the law by purchasing salvage vehicles in areas ravaged by natural disasters and then registering them in states with less restrictive title laws. Only Texas and Louisiana, which have both been struck by hurricanes and tropical storms in recent years, have more flood-damaged vehicles on their roads than Pennsylvania, according to Carfax.
Pennsylvania car buyers may worry about their worst nightmare - bringing home a "lemon", a model plagued with a number of defects from the time of purchase. It can be important to review the purchase agreement, as it may affect their rights as consumers.
If you are a Pennsylvania resident who has fallen behind on your car payments, there may be ways you can avoid repossession. A person who has come to repossess a vehicle must follow legal guidelines. If the repossessor fails to do so, you may have a case for wrongful repossession.
Hollywood may have people believe that rolling back an odometer is a good way to prevent others from knowing that the car was out for a joyride. However, rolling back or otherwise tampering with an odometer is considered a crime. It can also have an economic impact on consumers of up to $10 billion per year. To help prevent such fraud from occurring, California law requires a Vehicle/Vessel Transfer Form be filled out.
The American Institute of Certified Public Accountants (AICPA) said a new poll that it commissioned shows that 73 percent of Americans live with debt. The AICPA says that outstanding household debt in the U.S. has hit a new high of $12.84 trillion, even as consumer spending is increasing at a faster clip than any since 2009.
Most people are familiar with the catchy Carfax commercials. “Show me the Carfax!” a couple says in one older commercial, and the salesman pulls out a puppet of a “car fox.” The car fox has even become the Carfax mascot.
The accounts receivable management industry is one that prefers to fly under the radar. The industry is comprised of collection agencies, creditors, debt buyers, investors and others.
It might seem that Philadelphia consumers would be safe from unscrupulous car dealers trying to peddle vehicles damaged by hurricanes Harvey and Irma, but don't count on it. Though the flood damage occurred mainly in Texas and Florida, there will be car dealers across the country trying to unloaded cars, pick-ups and SUVs that were flooded by the historic storms.
Just about everyone is excited over the purchase of an automobile. Whether the purchase is of a new car or a used vehicle, it means you have new wheels with which to drive around Philadelphia and beyond.