Last week I was unfortunate enough to purchase a vehicle in Flagstaff, AZ, the vehicle is a used 2006 Volkswagen Jetta with 100,000 miles. I purchased the car on Tuesday and took it home on Wednesday. On Saturday I began a cross country journey in my 'new and safe' car. On Tuesday, while driving at highway speeds the transmission failed and damaged the front axles. The repair costs for the vehicle is $5,000 and the buying price was $10,150. Due to technicalities the dealership owns the vehicle until Saturday so I called to inform them of the situation. Arizona used car protection only provides protection for 15 days or 500 miles and I am outside of the 500 miles. The dealer has offered $1300 and promised to cash in on the financing offer for $10,150. The vehicle is not worth that much when the costs of repairs is included and the after repair estimate.
Given the situation do I have any options legally? Are there other laws that could help me? According to my research I may be able to sue for breach of contract or fraud. I was told the vehicle was thoroughly inspected and mechanically sound. Please give me some advice!
PS: if I pursue legal recourse do I continue to pay the car payment? I will need to purchase a new vehicle as well.
Given the situation do I have any options legally? Are there other laws that could help me? According to my research I may be able to sue for breach of contract or fraud. I was told the vehicle was thoroughly inspected and mechanically sound. Please give me some advice!
PS: if I pursue legal recourse do I continue to pay the car payment? I will need to purchase a new vehicle as well.