What If I Am Awarded A Replacement?

If you are awarded a replacement vehicle, the new vehicle must be identical or reasonably equivalent to your vehicle as it existed at the time of original purchase or lease including any service contract, undercoating, rustproofing, other factory/dealer options; the manufacturer is also responsible for any sales tax, license, registration fees and refunding to you any incidental costs awarded by the arbitrator. Before receiving the new vehicle you will be obligated to pay the manufacturer an offset for use based on the total attributable use mileage and original purchase price regardless of whether you are the original or a subsequent owner. You should contact your lender early in the process about how they would deal with your existing loan or lease and a replacement vehicle.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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