Dealers ask for a compensation for recalled cars

Recalled vehicles are increasingly landing on dealers, but automakers aren’t required to compensate them for lost revenue and extra expenses. Dealers are counting on state lawmakers to change that. Even though stop-sales usually affect just a fraction of a dealership’s used-cars inventory.

There is no law to adress the problem on used vehicles under a stop-sell recall , but Federal law requires automakers to give monthly payments equal to 1 percent of the value of any new car that can’t be sold because of a recall. Read more

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