Indiana Statutes

§ 24-5-13-12 — Replacement of vehicle

Indiana·Art. 5 CONSUMER SALES·Ch. 13 Motor Vehicle Protection
(a)If a vehicle is replaced by a manufacturer under this chapter, the manufacturer shall reimburse the buyer for any fees for the transfer of registration or any sales tax incurred by the buyer as a result of replacement.
(b)If a replaced vehicle was financed by the manufacturer, its subsidiary, or agent, the manufacturer, subsidiary, or agent may not require the buyer to enter into any refinancing agreement concerning a replacement vehicle that would create any financial obligations upon the buyer less favorable than those of the original financing agreement.

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Legislative History

As added by P.L.150-1988, SEC.1.

Nearby Sections

15
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