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Know What to Look for When Buying, Selling a Car
Secretary of State Web Site Has Helpful TipsLANSING, MI - Sunday, June 27, 2010 - Secretary of State Terri Lynn Land thiw week encouraged vehicle buyers and sellers to be aware of their rights and responsibilities and to remember key tips when making a deal. “Because there is no ‘buyer’s remorse’ period when purchasing a vehicle, you should know what to look for and what state law requires before making a final decision,” said Land. “I urge you to visit the Secretary of State Web site for helpful information before completing your transaction.” The Secretary of State’s Office licenses and regulates auto dealers and repair shops. It also informs consumers of their rights and investigates related complaints. Its Web site at www.Michigan.gov/sos has several brochures that offer tips for buying or leasing vehicles, as well as doing business with an established dealer or a private individual. Before buying a used vehicle Land recommends:
When doing business with an auto dealer, it’s wise to ask questions and read all documents before signing. It’s also important to note that there is no “cooling off” or “buyer’s remorse” period. Some consumers mistakenly believe they can return a vehicle within a certain number of days after a contract is signed and the vehicle has been delivered. Remember that a vehicle being sold “as is” means just that. In fact, most used vehicles are not under warranty for any period of time. There also is no such thing as a spoken agreement for a warranty. Get any guarantees in writing, including promises of repairs to be made before the vehicle’s sale. Keep in mind that Michigan’s “Lemon Law” for defective vehicles only pertains to new vehicles. Used vehicles are not covered. If consumers do have a complaint, they should first try working it out with the dealership owner or manager. If the problem isn’t resolved, contact the Secretary of State’s Regulatory Monitoring Division at (1-888) SOS-MICH (767-6424). An automotive complaint form also is available online. The bureau only investigates issues within its authority and does not regulate vehicle sales between individuals.
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