Thread: Dead Car Debt
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Rookie_Remodeler Rookie_Remodeler is offline
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Default Dead Car Debt

On Apr 3, 12:45 am, Stuart wrote:
A few months ago my inexperienced son bought a car at a used car lot.
The car was trouble from the start. Last week the head gasket blew,
making the car a total loss.

The used car lot had financed the sale themselves.

Will non payment of the $900 balance owed screw up his credit rating?

S2



I don't know what State you are in, but some have laws (search "Lemon
Law" in your state) and if a car is sold with a problem like that and
it is proven that it had it from the beginning the used car lot is
liable for either replacing the car or refunding the money. In
Georgia, for example, this is a serious matter.