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Understanding Lemon Law
A lemon law is a type of law that protects consumers from
getting bad products, in this case, vehicles. In the United
States, each of the states has its own form of lemon law. Each
state regulates how much is to be provided as well as what
standards each vehicle must be sold under. In basic terms, if
the manufacturer says that the vehicle runs well and it
doesn’t, then they are in violation of the lemon law of that
state depending on the state's specific standards. In most
cases, anyone selling a bad car must replace it or refund the
money for the car.
But, remember that each state is different. Each state has its
own requirement for how much should be provided by the previous
owner to the current owner. Also, in most cases, any defaults in
the vehicle should be presented to the new owner prior to the
purchase. If you find that a new car has actually been used,
for example, you can have the dealership repurchase it from you
or provide you with the new car.
It is important, though, that you check out your state’s exact
wording on the lemon law. What should you do if you think
someone has violated the lemon law on your purchase?
• Contact your attorney and ask them if they feel that you may
have been violated. Many will provide free counseling to
provide you with an understanding if you do have a case or not.
• Make sure to keep your paperwork. It is very important for
you to have any and all documentation of the car, its history
and its current condition in your hand.
• The attorney will tell you about the lemon law of the state
and you will decide what the next step is from there.
• You should contact your attorney prior to trying to deal with
the company yourself as to avoid more problems.About The Author: For more information please see
http://www.lemon-law-help.co.uk
SUV Sales Drop? Imagine That!
Gas prices aren't high enough. Really... they aren't. Do you disagree? You should!!
Today (october 4th, 2005) we learned that SUV sales dropped dramically after the huge gas spikes that hurricane katrina caused. Did you see that coming? I sure did. Gas prices have a direct effect on the economy. This you know. What you might not know is the amount of an effect it has on many things.
I forecast that SUV sales would drop significantly when gas hit $3 per gallon. You may see this as a bad thing, but for those of us who have waited for the auto industry to increase mileage instead of horsepower, it is a blessing!
The auto industry has been made aware that Americans, at least those concerned about our daily driving costs, choose not to drive around in land yachts. Ironically, the auto industry will need to adapt... a sink or swim anology to follow the land yacht comment!
Now for what you all have been waiting for... my new forecast.
The auto industry will adapt or go out of business. They will slow the production of SUVs and Trucks because several people who don't need these vehicles can't afford to drive them. This apparently has already begun in some aspects.
You will see a separation of the auto companies from the oil companies. This is for those of you who believe the oil companies have the auto industry in their back pocket. Anyway, the auto companies will begin investing serious money in alternate fuel vehicles and efficiency in current gasoline driven automobiles.
Sales in these vehicles will spike, along with motorcycles and scooters. This has also been happening in some aspects. Hard to beat 90 miles per gallon on a scooter if all you are doing is running around town!
What will happen to gas prices? They will continue to go up. The oil companies still need their money, and all-in-all, the gas prices are not that high if you look at some of the other countries in the world.
The bigger question is what is going to happen to prices of all other consumibles that Americans buy... imports as well as products made here in the USA.
The drop in sales of SUVs is more of a quick fix than a long term solution to gasoline prices. It is the one obvious thing we can do to lower our gasoline usage. What will be interesting to see is the long term solutions. I will patiently await the next chapter of this story and report accordingly.About the Author: Will Reece runs several informational sites relating to alternative energy. You can find his websites at
http://www.fuelfromthesun.com http://www.fuelfromthewater.com http://www.fuelfromthewind.com.
Can the US Auto and Airline Industries Handle a Price War?
General Motors has announced it will reduce prices and continue the heavy discounting to increase sales all this after very poor quarters for both Ford, GM and the bankruptcy filing by Delphi. General Motors needs to retake their market percentage losses, which were earned by Japanese Automakers, with their more fuel-efficient cars. Some say the slight pull back in fuel prices will help GM retake some of the recently lost market share.
GM has negotiated reduced health care with it’s union as that was an intense cost and spiraling out of control. Financially speaking most financial analysts say that GM is strong and can weather the storm, but that indeed, it is a serious crisis. Some are asking is a price war instigated by General Motors is a smart move when the company is losing money.
The Airline Industry may also continue to bleed. Delta Airlines lost 1 Billion Dollars in the third quarter and it is already in bankruptcy, some ask will it ever emerge? There answer was to cut costs and the smaller feeder airlines synchronized to its larger flights are also in bankruptcy. The airline says it has gotten some pay concessions from its unions, including the pilot’s union. Now it wants to do more international routes such as to Europe and Asia, yet with Bird Flu travel maybe hampered. Additionally fuel costs are still too high and the airline is still bleeding money. Meanwhile the final death nail is that the discount airlines are increasing the pressure to lower price.
Something has to give in these industries or they cannot survive as they have before. It maybe too late for some players in these sectors and there may need to be complete overhauls and deep cost cutting. That means job losses, more bankruptcies and problems for our Nation’s economic engine. Think on this.
New GM Incentives May Cause Car Price War General Motors is taking the lead in what may become the next new car price war
GM has announced a new incentives program of "Red Tag" prices on cars and light trucks through Jan. 3. GM has been suffering billion-dollar losses and a declining North American market share. Under the program, dealers will post fixed maximum prices on most models of 2005-2006 Buick, Chevrolet, GMC and Pontiac nameplates, knocking up to $3,000 off the list price. GM said the prices will be consistent across the country, excluding taxes, title costs and dealer fees. The company said its round of incentives combines features of its recent "GM Employee Discount for Everyone" program and last December's Red Tag program. An analyst in Tokyo said the move will likely trigger a new round of price cuts across the car industry, even by Asian producers.
GM said its North American division continues to suffer from high health care costs and falling sales of sport utility vehicles. The automaker said it was launching a nationwide advertising campaign on network television, on radio, in print and in other media to promote the incentives. The company announced separate incentives for its Cadillac, Saturn, Saab and Hummer nameplates. It said Cadillac, Saturn and Saab will offer $500 rebates, while Hummer will have special pricing for a rear entertainment system."Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance;
www.WorldThinkTank.net/wttbbs/
Midwest Gas Price Investigation - Investigation Likely To Continue
The Federal Trade Commission (FTC) issued an interim report to Congress on its investigation into Midwest gas price increases that was cited at the reasons that the FTC launched the investigation. It also provides a status report on the continuing investigation, including progress and a description of the work not yet done. The report details the history of the price spikes of reformulated gasoline (RFG) in the Midwestern part of the country and how these increases caused Commission staff to initiate a preliminary investigation in June and prompted the Commission to begin a formal investigation during the latter part of July.
The report analyzes many conditions reported as potential causes of the gas price spikes ranging from higher than normal crude oil prices, to the expectation of compliance with EPA Phase II regulations for summer-blend reformulated gasoline in high-ozone urban areas, to the damage to the critically important Explorer pipeline during March. However, the report says that "although it is likely that each of these supply factors contributed to the dramatic recent price spikes in the Midwest, no single factor appears from staff's preliminary investigation to be likely to provide a full explanation, and staff does not yet have sufficient information to assess the impact of these factors in combination."
In accordance with the report, Commission staff is investigating "the possibility of collusion or tacit coordination, conduct that could be illegal under Section 5 of the Federal Trade Commission Act." Due to the abundance of potential interwoven causes as well as the monstrous amount of evidential information being collected for the course of the investigation, the report also states that "this investigation is likely to consume, at a minimum, another three or four months."
The report shows that on June 29, Commission staff issued the first round of subpoenas to the nine refiners that currently supply the Midwestern markets and that within the month, staff has accepted and logged approximately 200 boxes of documentation. Around mid August, most documents requested from the first round of subpoenas will be delivered to the Commission offices. The Commission also issued a second round of subpoenas to other refiners last week, and has issued Civil Investigative Demands (CIDs) to the refiners recently, requesting that the refiners compile data and answers to all of the Commissions written questions. Commission staff issued another set of subpoenas on July 25 to the entities that own or control the gas transportation pipelines serving the Midwest markets of the United States. Documents from that set of subpoenas are expected to begin arriving shortly at Commission offices.
The report further details the Commission's plan to conduct a series of in depth interviews as part of the investigation. Staff has already conducted nearly 15 interviews with market participants, consumers, corporate consumers and many others with knowledge of investigation relevant information, and continues the process of capturing pertinent industry-wide data from the Oil Price Information Service (OPIS). After the documentary evidence has been reviewed and analyzed, staff will take depositions under oath of key participating personnel throughout the gasoline distribution chain in the Midwest United States.
Federal Trade Commission staff will also coordinate all of the investigative efforts with the Attorney General of Michigan, Ohio, Wisconsin, Illinois, Iowa, Minnesota, Kentucky, South Dakota, Indiana, Missouri, and West Virginia.You can find more information on this and other current events topics at http://www.lookster.com
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