Texas Lemon Law And Its Limitations With Used And Pre-owned Cars
With an acute fluctuation in the economy, people are thinking twice before investing in new cars
. New vehicles depreciate rapidly and it makes a lot of financial sense to buy a pre-owned car. By the time you buy a used vehicle in Texas, its price may have already stabilized to a plateau with only the slightest depreciation towards the next year. Since buying a vehicle is the second most expensive purchase one makes, researching is of the highest priority to avoid buying a used lemon car.
However, while section 2301.602 of the Texas Occupations Code dealing with the Regulation of Motor Vehicles and Transportation refers only to the new motor vehicles, a used vehicle may still be covered under the Texas lemon law.
* The Texas lemon law covers your used vehicle if it is still covered by the manufacturer's original warranty
* The Texas lemon law applies to your used vehicle if the problem started while under warranty
* The Texas lemon law does not cover extended service contracts
* The Texas lemon law remedies are limited to repair assistance in the warranty-related problem of your Texas used vehicle
* The Texas lemon law does not entitle you to a repurchase or replacement of an used vehicle
In view of all these points it is of highest priority that you protect yourself before you purchase an used vehicle in Texas.
If you are planning to buy an used car:
* Research thoroughly online
* Consult newspapers for advertisements
* Visit used car lots/sellers
* Run car history reports from multiple vehicle history service report providers like the AutoCheck and CarFax