Legal Question in Credit and Debt Law in Michigan
mileage charges of leased vechicles
Is there a statute of limitations regarding notification and collection of mileage charges of a leased vechicle? I received notification of charges over one year from the time that the vechicle was turned in to dealership. The charges are over $2000.00, and the auto company is threatening to turn me over to collections if the entire balance is not paid immediately.
1 Answer from Attorneys
Re: mileage charges of leased vechicles
Hello, and thanks for visiting.
The charge would presumably be based upon conditions contained in your contract. Certainly, you should be entitled to know what provision of the lease contract that they are relying upon to support such a charge. Ask them for it.
But the answer to your question is six (6) years. That is the statute of limitation on contract matters. That period may be shorter based upon some fancy dancing in the legal arena, but the basic rule, and the rule most often ascribed to would be the six years.
Tom Weiss - Mt. Pleasant
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
