Full question:
What is the safest way to voluntarily relinquish my 2007 KIA. All of my payments are up to date with 22 of 72 monthly payments made.
- Category: Contracts
- Subcategory: Recission
- Date:
- State: Washington
Answer:
To voluntarily relinquish your 2007 KIA, you have a couple of options. One option is a 'buy back,' where you and the dealer agree to repurchase the vehicle after you have taken delivery. The second option applies if your vehicle has serious or repeated mechanical issues. In that case, you can request arbitration within thirty months of the vehicle's original delivery date, even if you're not the original owner. Make sure to apply for arbitration within that time frame to qualify.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.