Late last month, the Governor signed a new "Lemon Law". You may have heard about it, but how exactly will it help you?
We've learned if your car is in the shop 4 or more times for the same problem, it's a lemon. Of course there's a timeframe for that. It has to be within the 1st year of getting the car or within the warranty period - whichever comes first. Another thing that can make your car a lemon is if it sits broken down for 30 days.
Once that happens, you have 2 choices:
1 - Get a refund.
If you've driven more than 15 thousand miles - the refund won't be in full. There's now a formula for figuring how much you'd get back. Here's the link to read the entire bill. An explanation of the formula is on page 3.
Click here for the law. The formula is a little confusing, so if you get to that point, you may consider hiring an Oklahoma attorney to help you.
And the 2nd option is you can get a replacement vehicle... it would have to be comparable to the one you have.
Also, if a dealer gets a lemon back - and they want to resell it... they have to let the consumer know. It will be required that the title says "Lemon Law Buyback"
***Here's an important piece of the law - if you start to have repeat problems with your new vehicle - you have to put it in writing.
And send it by certified mail to the manufacture to alert them.
This law goes into effect November 1st.