Utah Administrative Code
Topic - Commerce
Title R152 - Consumer Protection
Rule R152-20 - New Motor Vehicle Warranties Act Rule
Section R152-20-3 - Replacement or Refund of Nonconforming Motor Vehicles
Universal Citation: UT Admin Code R 152-20-3
Current through Bulletin 2024-06, March 15, 2024
A. When the manufacturer is repurchasing a nonconforming motor vehicle that has been leased to a consumer, the following provisions also apply:
1. The manufacturer
shall refund to the lessor all payments made under the lease.
2. The refund or repurchase price shall
include trade-in value, inception payment, and security deposit.
3. The manufacturer shall make all payments
on behalf of the lessee, to the lessor and/or lienholder of record as necessary
to obtain clear title to the motor vehicle. The excess from said payments shall
be paid to lessee. Upon the lessor's and/or lienholder's receipt of the
payment, the consumer shall be relieved of any future obligation to the lessor
and/or lienholder.
B. If a manufacturer is unable to provide a comparable new motor vehicle, it may provide, upon the consent of the consumer, a replacement vehicle of comparable quality. The customer shall not incur additional expense with respect to the replacement vehicle, except as a reasonable allowance for use of the buy-back vehicle.
Disclaimer: These regulations may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
