Back in Jan. 2016 my husband brought a used car 09 Rouge from the Nissan dealership for $9800. His scores wasn't too hot at the time (585) due to some things he didn't clear up before he went to the dealershipship but he was financed through CPS at a horrible interest rate. (It was an emotional purchase for him against my better judgement. But we can't go back to the past now.) Ever since he took ownership of the car, the car had nothing but issues and has been to back to the dealership at least five times for the same issue. Recently, they just replaced the transmission. Needless to say, we brought a lemon. After letting the dealership know that at this point, I'd like to get out of the car, the dealershipship just re-ran his credit and wanted to put the negative equity into a new car loan. This doesn't seem fair, but I don't know how this process goes. I looked up the KBB price of the car, and it looks like $4-6k trade in value at the dealership. Honestly, if the car wasn't a lemon, we'd keep the car and hurry up to have it paid off in a year or so. What do you think should be my next step? Should I keep the car and keep taking it back for service, trade it in and take the hit for the negative equity, refinance, or talk to an attorney about possibly a lemon law/ Magnuson Moss Warranty Act claim?
