New Jersey Lemon Law: What If You Win?
If you are successful under New Jersey Lemon Law you get a refund less mileage offset. The refund is a return all payments, including down payments, rental car charges and other related expenses. The manufacturer must repurchase the lemon and payoff the loan.
There is a formula to calculate the mileage offset. Purchase price times the mileage when the defect first appeared divided by 100,000.
There is a formula to calculate the mileage offset. Purchase price times the mileage when the defect first appeared divided by 100,000.