Does a Used Car Dealer Have to Disclose Repaired Accident Damage My question involves a consumer law issue in the State of: Texas In 2007 I leased a vehicle from dealership, and in 2008 was involved in an accident where airbags were deployed. Yes, a vehicle that has been in an accident can be certified!
At the time i had no car myself and was insured comprehensively under her policy. ... someone might have their car stolen or vandals may trash it. Sued by a Dealership for Accident Damage to a Trade-In Vehicle ... We do not have any access to the contract you signed with the dealership in relation to the trade-in. A consumer is entitled to full disclosure of previous material damage to a vehicle. When filling out quotes, do I have to disclose an accident that my friend had while driving my car? Ask an expert: A reader asks about the consequences of failing to disclose accidents involving his company car to … Well, the answer to the question we have received last week is reasonably straightforward. It is not unusual for a person who is in an accident to want to trade in the damaged vehicle and to get into a newer vehicle. This is a tough one, actually. Accepting a trade-in vehicle with mechanical problems is the decision of the dealer you want to trade with. i brought a car and when i wanted to trade it in the car fax showed it was involved in an accident. Do I have to disclose repaired damage to my car when trading it in? Do dealerships in florida have to disclose accidents on used cars? Do you have any advice on recourse?
I'm currently looking for a new insurance policy and need to know how to answer the question about my driving history honestly.
Do i need to declare this accident?. Do dealership have to disclose accidents on used cars? Car Insurance Applications: What If You Lie? If a person buys a car and later discovers that it’s been in an accident, you could end up with charges pressed against you. Many dealers do business with wholesalers, who can purchase your vehicle and resell it later, so the dealer is not stuck with your vehicle if it needs expensive repairs. 'If I damage a company car, do I have to tell my private insurer?' What may come as more of an unpleasant surprise is that this lowered value often extends to cars that have been extensively repaired and show no sign of damage.
A wrecked car understandably has less trade-in value than one kept in pristine condition, because it commands a lower price on the market. Selling a car that has been in an accident without disclosing the damage puts you at risk for legal action from the buyer. In order to expedite that process, it is also not unusual for a dealership to arrange to accept the vehicle as a trade-in, predicated upon the fact that insurance repairs will follow, rather than telling the customer to come back after the repairs are complete.