jdskycaster
Member
In my search for a new vehicle there are at least 2 "side lot" type dealers in the metro selling nearly new copies of Yukon's and Tahoe's below book value. The Yukon's I found all had less than 20K miles on them. The problem is there is no way to know exactly where they came from. The VIN check's did not indicate they were lemon law buy-back vehicles which I think has to be indicated on the title if GM is buying them back as lemon's. I know this only because I purposely bought a G6 lemon law return from a local dealer here and did not care because it came with a full factory warranty and was so far under book I could have junked it out and not lost a dollar on it.
Pretty sure there are laws specifying how auto manufacturers have to deal with buy-backs but I could be wrong. The first I thought when I saw the advertised prices of the used Denali's here on the side lots was that the prices looked too good to be true and questioned the fact that these were not sitting on a dealers lot vs a side lot situation with no title history - private owner or rental car company unit for example.
Pretty sure there are laws specifying how auto manufacturers have to deal with buy-backs but I could be wrong. The first I thought when I saw the advertised prices of the used Denali's here on the side lots was that the prices looked too good to be true and questioned the fact that these were not sitting on a dealers lot vs a side lot situation with no title history - private owner or rental car company unit for example.