What happens to the buyback cars?

Have you ever wondered where did your lemon car ended up once it was purchased back by the manufacturer as per Iowa Lemon Law? Well, you aren’t the only one who is wondering about the buyback car. In fact, every other consumer who was stuck with a lemon wants an answer to this question. 

Well, let’s start with the fact. To be honest, every car that was once deemed lemon is resold back to the consumers. And not many of these consumers have any idea that their recent purchase was a lemon. 

What does the manufacturer do?

It is estimated that the manufacturers end up buying thousands of defective cars every year. The main reason for the buyback is the difficulty of repairing the defect. 

Once the car is handed to the manufacturer after a verdict under lemon law in Iowa, they proceed to resell the vehicle. So, no matter if the issue is fixed or not, the vehicle will end up on the roads again or at the repair shops. 

And most of the time, people believe that the titles of these cars are always branded as lemon so that future car shoppers can notice the vehicle’s history before purchasing. 

Vehicle and its history

Vehicle history is usually considered by people who are opting to buy a used car. With the vehicle’s history, the purchaser is able to get a proper insight into the vehicle. 

But again, a few of the vehicles have an unusual history, meaning they end up having unique titles.

When the car has “branded” as the title, then it means that the vehicle has a remarkable history. 

Similarly, “Salvage” written across the vehicle states that the car is deemed as a total loss by the insurance company. 

How do the states handle the title?

The way a title is handled varies vastly from state to state because of the laws. And lemon law title branding is one of the most apparent things. Less than a third of the total states need any type of title branding if the vehicle is purchased under the state’s lemon law. 

So, that means one easy way to get rid of branding is by simply transferring the vehicle to a non-branding state. 

A few states do not use the term lemon; instead, they opt for substitutions like “repurchase or manufacturer.” In fact, a few vehicle history reporting companies can mask out the event suggesting the car was sold at an auction. 

In simple terms, lack of branding can simply mean that the vehicle was repurchased in a non-branding state. 

Over to you

We are hopeful that our article was able to give you a proper insight into the buyback cars ater a verdict under lemon law in Iowa. 

Andrew Richardson is the author of this Article. To know more about Lemon Law Attorney in Minnesota please visit our website: allenstewart.com

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Created on Jan 15th 2021 00:50. Viewed 189 times.

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