Is there a statue of limitations on a used car purchase?
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Is there a statue of limitations on a used car purchase?
I bought a car and the previous owner claimed that there was nothing wrong with the car/ However, I’ve had it for 2 days and now the car does not run. The seller has already refunded some money for a bad water pump and once again he claimed there was nothing wrong with the car.
Asked on July 15, 2012 under Business Law, Wisconsin
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Different theories under the laws of all states in this country have different statute of limitations. As such, there are sttaute of limitations concerning a used car purchase as follows: 1. breach of contract-four (4) years; 2. fraud-three (3) years; 3. negligence-two (2) years.
I suggest that you take the car you bought to a reputable mechanic for a good inspection to make sure that there are no more hidden issues with the vehicle you recently purchased.
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