Alaska Lemon Law provides several options for a successful Lemon Law claimant. First, you may be awarded a replacement vehicle of the same year, make, and model. You may also qualify for a monetary award, which can include:
The amount of the monetary reward may be reduced by an amount that doesn't exceed the depreciation in value of the vehicle during the time you have used it (using a straight line depreciation method over seven years), plus an amount equal to the depreciation in value caused by neglect, abuse, or body damage that isn't caused by the nonconformity.