ArchiveOctober 2022

Cars are gradually becoming a necessity for urbanites. Various trends have been observed in the car purchasing fashion of Indians. India recently reported faster growth of market for the used cars than of the new ones. Cars which have been used by one or more owners are commonly known as pre-owned or second-hand cars. Though new car has its own advantages, lesser purchase and insurance cost and...

There are a number of laws that govern the used car market, both in terms of buying and selling. As a seller, you have a legal obligation to tell the buyer about any faults with the car. Failing to do so could result in the buyer suing you, and the courts could order you to take the car back. Magnuson-Moss Warranty Act: This act protects consumers by requiring that used car dealerships provide a...