Company asking me to exchange defective refrigerator after depreciation
I purchased a LG refrigerator from their authorised dealer in bangalore on October 2016.The refrigerator is now having a cooling issue, LG technician tried repairing the same. Now they say the refrigerator is not repairable as the model has been scrapped and parts are not available.
They are asking me to exchange defective refrigerator with a new one but LG will pay for the defective refrigerator after reducing depreciation ( which works out to 21000 ,cost of refrigerator 58000) amount and I have to pay for the difference.
My question is, is LG right in taking back the refrigerator after deducting depreciation for a product fault which is theirs and their inability to repair it.
Asked 6 years ago in Civil Law