fbpx

Hyundai Capital America Amounts Added to Lease Buyout Class Action

Vehicle lease agreements often include the price for buying the vehicle at the end of the lease. This class action brings suit against Hyundai Capital America, Inc. (HCA), which does business as Kia Finance America and Hyundai Motor Finance, alleging that the company increases the cost of buyouts and requires lessees to pay excessive fees  Read more

2019 Kia Soul

Ally Financial End-of-Lease Purchase Conditions Class Action

A frequent provision in vehicle lease agreements is an option for buying the vehicle at the end of the lease. The complaint for this class action brings suit against Ally Financial, Inc. and Ally Bank Lease Trust, alleging that they have included such provisions in their leases and then refused to honor them.  Read more

Ally Name on Building

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"