There’s a huge auto purchase & auto parts class action settlement against several manufacturers for being part of a price-fixing scheme. If you bought a new auto, leased one, or bought car parts between 1995 to 2018, you may be eligible for a $100+ pay out.
What are the details of the settlement?
Several car parts manufacturers have agreed to settle an auto parts class action lawsuit for $1.2 billion dollars. The defendants are companies you probably have never heard of, but it’s very likely you’ve bought parts from them indirectly when buying/leasing a new car or changing parts in your car during a repair.
This lawsuit has gone through three different rounds of payments already (Round 1 Settlement, Round 2 Settlement, and Round 3 Settlement). If you file now (Round 4), you’ll still get all the benefits of the last 3 rounds:
“You may be included if, at any time between 1995 and 2018, depending upon the component part, you: (1) bought or leased a qualifying new vehicle in the U.S. (not for resale) or (2) indirectly purchased a qualifying vehicle replacement part (not for resale). Indirectly means you bought the vehicle replacement part from someone other than the manufacturer of the part. In general, qualifying vehicles are four-wheeled passenger automobiles, cars, light trucks, pickup trucks, crossovers, vans, mini-vans, and sport utility vehicles.”
How much will they pay me?
You’ll get at least $100, and possibly more depending on how many people join the class action settlement.
How do I file a claim?
I put the direct link earlier, but you can go here and file. Once you enter, click on the big red box that says “File a Claim”:
Here are the milestone dates for you to be aware of:
- 1995 to 2018 – years where the price-fixing took place
- March 16, 2020 – last day to file a claim
- Equifax Class Action Settlement: $125 to $375 Per Person
- Yahoo Class Action Settlement: $100 to $358 Per Person
- Google Pixel Class Action Settlement: $100 Per Person
The Bottom Line
Although it’s an auto parts class action settlement, I think just about everyone qualifies for this lawsuit. You most likely went to a repair shop to fix something involving an auto part, but even if you didn’t, the lawsuit includes people who bought a new car or leased one during the 1995 to 2018 time period.
This isn’t as easy as other class action settlements, but it’s still a breeze… and it’s $100. You’ll need your car’s VIN number among other documentation if you purchased or leased.