Company financed zero value car for 18k

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julicoolie

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purchased Toyota Matrix for approx 18k, not given a vehicle report, 3 weeks later dealer went out of business. HSBC financed vehicle with zero resale value and potentially unsafe to drive. HSBC knew of frame damage at time of sale. I now need to turn vehicle back in due to problems with steering, possible mis-alignment of motor/transmission/drive train. I will do so but want the balance of loan to be cancelled and my credit to remain in tact. Does this fall within the California lemon law pervue? I would want some of previous payments reimbursed. I cannot trade this vehicle in due to zero value and it would be unconciousable to do so. Vehicle needs to be taken off the road. Single female in difficult financial situation at time of sale and still paying for being taken on this. Can you help me please. I don't want to drive the vehicle but have no other transportation and no money to get another one with until this is solved.
 
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