Legal Question in Consumer Law in Virginia
Used Vehicle Extended Warranty
I purchase a used vehicle in Aug 2007 with an extended warranty. I have not had to use this warranty on the vehicle. I sold my vehicle and wanted a refund for the contract. I work as a warranty administrator and know that if the contract has not expired you can be reimbursed (prorated) for the contract. When i called they said that it is not refundable-just transferable. The back of the contract states under refund: ''Except as indicated otherwise below under SPECIAL STATE DISCLOSURES or as required by law, under no circumstance may you obtain a refund of monies you paid to the dealer under this agreement''.
What is the ''required by law'' part? Does that mean Virginia Law where I purchased the vehicle and contract? What can I do?
1 Answer from Attorneys
Re: Used Vehicle Extended Warranty
Yes, it does (mean Virginia or federal law), but there are no requirements under either of which I am aware that would enable you to obtain a prorated refund of your unused warranty. The warranty is transferable to the buyer of your vehicle and apparently nothing more.
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