Do you know what a lemon law buyback is? It is something I have been seeing a lot of lately and it seems most people don’t know what this means.
These are vehicles that have been reacquired by the manufacturer because they have been deemed defective by lemon law standards. Vehicle manufacturers buy back thousands of vehicles every year because they either could not be fixed or are irreparable.
That’s where the unlucky consumer who thinks they are getting an amazing deal purchases these buybacks unknowingly. The vehicles can be resold to the public fixed or not and most likely there is no way to tell it was a lemon buyback.
Few states require any type of branding on the title when a vehicle is “repurchased” under a state’s lemon law. It gets better….. If there is any such discrepancies a simple transfer of the vehicle to a non-branding state gets it removed. Keep in mind that Lemon is not the term they use for this buyback process but words such as Manufacturer Repurchase or something fancy like that. It is not easy to catch and is why so many dealers love selling these and making sure they upsell you a warranty and whatever else they can possibly pile on.
The vehicle history report will sometimes not have any wording or discrepancies of the vehicle being a lemon law buyback. However it will have some tell tale signs that something is up with the vehicle. Be sure to look over the report and dates of purchase and sale to see if any red flags appear.
Courage + Confidence,
CEO & Founder
TitleKeyCash.com & Girls Guide to Car Buying
Become A Confident Car Buyer!