In what is the longest-titled podcast of my 100+ episodes to date, I respond to one of the most common complaints I get at my office. People spend too much on a car and try to blame the seller. Welcome to America.
And I say “Welcome to America” for two reasons: 1) Sellers here are supposed to maximize their profits (it’s called “capitalism”) and 2) People always wonder if they can sue someone else when something goes wrong.
In Michigan, there WAS a law that made it illegal to sell a product for a price “grossly in excess of the value of the goods,” which was aimed primarily at situations where there was really something else bad going on. Like a seller taking advantage of someone who could not protect their own interests and so on. But the law was struck down by our state Supreme Court because it does things like that.
So now? All bets are off. But there are things you can do to prevent this from happening to you (or someone you know). Primarily, it’s called “research.” So, here is the audio:
And the video:
Pic at the top is of a car I saw at a car show not in Ann Arbor, but in nearby Ypsilanti.
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Steve Lehto has been practicing law for 24 years, almost exclusively in consumer protection and Michigan lemon law. He wrote The Lemon Law Bible and Chrysler’s Turbine Car: The Rise and Fall of Detroit’s Coolest Creation.
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