Since 'The General' Is Having Such A Good Year So Far

[RJ Kanary]

The General has settled a class-action lawsuit claiming damages from its "Dexcool" coolant, agreeing to pay up to $800 each to customers who can prove damages. Plaintiff attorneys estimate that the final number of claims could top $20 million, a bill which would cost GM of hundreds of millions of dollars. "It could be multiple nine figures; it depends on how many people make the claim," co-counsel for the plaintiffs, Jack Brady tells the International Herald Tribune . "I think it could be a huge settlement." Of course, while the people who had to replace manifold gaskets and heater cores get between $50 and $800 for repairs, Mr Brady and his co-counsels will pocket up to $23 million in fees and $2.8 million for expenses ( ...gotta love class actions). Still, if you own a GM vehicle with the 3.1-liter or 3.4-liter V6 engines for model years 1995 to 2003; the 3.8-liter V6 engines for model years 1995 to 2004; or the 4.3-liter V6 engines for model years 1995 through 2000 and have had to pay for coolant-related damages, you should check

dexcoolsettlement.com

 

to file a claim.

 

The number of these vehicle STILL getting arbitrated at auto auctions is astronomical.

 

RJ

[bri719]

arbitrated? or traded?

[RJ Kanary]

At least at the Manheim Auctions, a vehicle is arbitrated after the car or truck goes over the auction block. The new owner of said vehicle can have it arbitrated if he finds an undisclosed issue with the vehicle that is going to cost over $400.00 to repair.

The Arb crew inspects the vehicle to determine the validity of the claim.If the issue is valid, the purchaser has the option of having the selling dealer making a financial adjustment to the sale price to offset the cost of the repair, or the selling dealer may repair the fault to prevent the sale from unwinding.

As you might imagine, an issue such as the ones caused by 'Death Cool' are always expensive to address. Intake manifold leaks especially on the mini vans are expensive to repair.