What is a “Vehicle Replacement”?

“Vehicle replacement” indicates you will get the exact, identical car or truck that you own or lease right now. However, the replacement will be a brand new car in the current model. (And not a lemon!) Your current loan amount (or the terms of your lease) will remain as is (subject to financial approval) and all that will happen is that you just keep making the same loan or lease payments that you make right now on the new car that you received in lieu of the “lemon” vehicle. Your sole expense will be a payment for the time you enjoyed your car prior to the car becoming a lemon.

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