New Hampshire Arbitration Agreement for Car Purchase

State:
Multi-State
Control #:
US-00416-1-3
Format:
Word; 
Rich Text
Instant download

Description

This arbitration agreement is executed contemporaneously with, and as an Inducement and consideration for, an Installment or sales contract for the purchase of a manufactured home. It provides that all claims or disputes arising out of or relating in any way to the sale, purchase, or occupancy of manufactured home resolved by binding arbitration administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules. This Agreement is an election to resolve claims, disputes, and controversies by arbitration rather than the judicial process. The parties waive any right to a court trial.
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FAQ

The Act states the car must be of a satisfactory quality, fit for purpose and as described. (For a used car, satisfactory quality takes into account the car's age and mileage.) You have a right to reject something faulty and you're entitled to a full refund within 30 days of purchase in most cases.

For example, there is no statutory right to cancel the purchase of a motor vehicle and any deposit placed on a motor vehicle is not automatically refundable. The New Hampshire Attorney General's Office has published a comprehensive New Hampshire Consumer's Sourcebook which covers all the above issues and more.

New Hampshire has neither a "cooling off period" to cancel a used car sale, nor a used car "lemon law." Although some states have such laws, New Hampshire's "lemon law" applies only to new cars (refer to the section on Autos: Lemon Law, and a "cooling off" period is nonexistent in either new or used car sales.

If you've bought a used car that turns out to be faulty, then you are covered by the Consumer Rights Act 2015. This means that you are entitled to a full refund if you take the car back to the dealer within 30 days of purchase if you can prove that the fault was already there when you purchased the car.

This consumer protection law acknowledges all and any factory defects that are detrimental to the car's performance and safety, which fails to meet the manufacturer's standards and warranty claims. If flaws are identified, the dealer must take the responsibility to resolve the defective issues.

The New Hampshire New Motor Vehicle Arbitration program (RSA 357-D) is commonly referred to as the New Hampshire "Lemon Law." The purpose of the law is to provide a consumer with an efficient and informal process with which to resolve new motor vehicle warranty problems.

What if my warranty has expired? Are used vehicles covered under the Lemon Law? Yes, if the defect and the three (3) repair attempts and/or thirty (30) business days out of service occurred within the manufacturer's express warranty period.

The Lemon Law in MA covers drivers whose vehicles suffer a nonconformity or defect within the first 12 months or 15,000 miles (whichever comes first) that can't be repaired after repeated attempts (normally three) by the manufacturers authorized dealership.

New Hampshire's Lemon Law generally applies to new cars, motorcycles, four-wheelers, and snowmobiles. However, a used vehicle may qualify as a lemon if it is bought with relatively low mileage and is still covered by manufacturer warranty.

Yes. A used car can and often does qualify under the lemon laws as long as it was sold with a written warranty. Often times, used vehicles are sold while still under the manufacturer's warranty and/or a warranty from the dealer.

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New Hampshire Arbitration Agreement for Car Purchase