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This law guarantees a car buyer that certain minimum requirements of warranties must be met, and provides for disclosure of warranties before purchase. When a warrantor fails to repair a car within a reasonable number of times, the warrantor will be liable to pay damages to the consumer under the Magnuson-Moss Act.
Please note, the Magnuson Moss Warranty Act does not require a business to provide a written warranty. If a business decides to offer a written warranty on a consumer product, it must comply with the Act. Implied warranties are unspoken, unwritten promises from a seller/merchant/warrantor to a customer.
The Magnuson-Moss Warranty Act and the E-Warranty Act The Magnuson-Moss Warranty Act (MMWA) authorizes the Commission to prescribe rules requiring disclosure of warranty terms and requiring that the terms of any written warranty on a consumer product be made available to the prospective purchaser prior to the sale of ...
Often referred to as the federal Lemon Law, the Magnuson-Moss Warranty Act applies to cars, trucks, motorcycles, and all other consumer products. In fact, when the federal Act was enacted by Congress in 1975, Congress did so with the automobile industry chiefly in mind.
The Magnuson-Moss Warranty Act requires that every written warranty on a consumer product that costs more than $10 have a title that says the warranty is either "full" or "limited" (The Act calls these titles "designations.") The title is intended to provide consumers, at a glance, with a key to some of the important ...
The Magnuson-Moss Act doesn't require manufacturers or sellers of consumer products to provide written warranties. Instead, the Act requires manufacturers and sellers who do offer written warranties to clearly disclose and describe the terms of those warranties.
Understanding the Magnuson-Moss Warranty Act Passed by Congress in 1975, the Act requires warrantors of consumer products to provide consumers with detailed information about warranty coverage. In addition, it affects both the rights of consumers and the obligations of warrantors under written warranties.