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2021 Indiana Code
Title 24. Trade Regulation
Article 5. Consumer Sales
Chapter 13. Motor Vehicle Protection
24-5-13-12. Replacement of Vehicle
Universal Citation: IN Code § 24-5-13-12 (2021)
Sec. 12. (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.
As added by P.L.150-1988, SEC.1.
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