lemon law buyback calculator
Lemon Law Buyback Value – Quickly and Accurately Estimate Your Vehicle’s Compensation
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Lemon Law Buyback Calculator
Estimate your Potential buyback/refund amount.
The calculation is based on the standard formula:
Manufacturer Buyback = Purchase Price – Mileage Deduction + Total Incidental & Collateral Costs
Your Refund = (Total Amount Paid + Total Incidental & Collateral Costs) – Mileage Deduction – Outstanding Loan Balance
Where: Mileage Deduction = Purchase Price × (Miles at First Repair ÷ Expected Vehicle Life)
Your Refund = (Total Amount Paid + Total Incidental & Collateral Costs) – Mileage Deduction – Outstanding Loan Balance
Where: Mileage Deduction = Purchase Price × (Miles at First Repair ÷ Expected Vehicle Life)
Your Lemon Law Buyback Calculation Summary
Purchase Price:
$0.00
Total Amount You Paid (Down Payment + Payments):
$0.00
Mileage Deduction:
$0.00
Total Incidental & Collateral Costs:
$0.00
Manufacturer’s Total Buyback Amount:
$0.00
Your Estimated Refund:
$0.00
Important Disclaimer: This calculator provides an estimate based on general Lemon Law principles and common formulas. Your actual buyback amount may differ based on your specific state’s laws, individual case details, and manufacturer negotiations. It is not a substitute for professional legal advice. Consult a qualified Lemon Law attorney for advice tailored to your situation.
State-Specific Lemon Law Refund/Buyback Calculations
California
Calculation based on Song-Beverly Consumer Warranty Act, specific to California
Florida
Florida-specific lemon law calculations, based on the Motor Vehicle Warranty Enforcement Act (Florida Statute §681)
Texas
Lemon law buyback/repurchase calculation in Texas, based on TxDMV, and Texas Occupations Code Chapter 2301
Georgia
Based on the Motor Vehicle Warranty Rights Act(Official Code of Georgia Annotated §10-1-780 et seq.)
