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Porsche Financial Services Leases Overcharge Settlement

Porsche Financial Services, Inc. is settling a class action alleging it accepted standard-form motor vehicle lease agreements in Florida that overcharged lessees for rent and taxis on their single-payment leases. The complaint alleged the agreements did not use the lessee’s trade-in value as a Capitalized Cost Reduction (similar to a down payment) to reduce the  Read more

2019 Porsche Vehicle on Beach Road

Geico Indemnity ACV Sales Tax on Leased Vehicles California Class Action

In recent years, a number of class actions have taken up the question of what insurance companies must include in their payouts of the actual cash value (ACV) for total losses of vehicles. This complaint says that Geico Indemnity Company does pay sales taxes for total losses of owned or financed vehicles. What Geico does  Read more

Image of Car on Green Lawn with Words "Geico Indemnity Company"