Legal Question in Consumer Law in Iowa
Price gouging
My daughter purchased a used car from one of those buy here pay here places because they required no credit check.
About a month after purchase she totaled it. We had full coverage insurance on it. According to the insurance company, comparative market value is $2850.50. Purchase price on the vehicle was $4895.00. Is there any legal way to prove that the price of the vehicle was highly inflated and that they are taking advantage of people in a difficult situation?
Asked on 9/17/05, 4:36 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Price gouging
Did she get a valuation or comparison shop before she bought it?
Did she pay on installments? How much down?
Answered on 9/19/05, 8:16 am
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