| We’ve all been sold defective merchandise at one | | | | consumer. It also requires companies to write the |
| time or another and at the very least it can be a | | | | warranties in clear and concise terms so that the |
| frustrating experience, especially when the company | | | | consumer can readily understand what is covered by |
| that sold it to you won’t take responsibility for the | | | | the warranty and what is not. |
| item. Of course it’s one thing to buy a defective | | | | The Magnuson Moss Warranty Act was originally put |
| globe light from a store but to spend thousands of | | | | in place to provide customers with a way of learning |
| dollars on a brand new car and have things go wrong | | | | what a warranty covers so that they know what to |
| is a completely different story. Thankfully there are | | | | expect. It increases customer satisfaction and |
| laws in place that protect us if we buy a defective or | | | | makes it clear what companies and buyers are |
| “lemon” vehicle. | | | | responsible for. The Act was also meant to create |
| The Magnuson Moss Warranty Act holds companies | | | | competition in the market place based on warranty |
| responsible to the warranties they right on all products | | | | coverage. Buyers could now shop around and find |
| over the price of $25. If a written warranty is | | | | the best warranty and price for a vehicle that best |
| provided then the seller will be held liable for any and all | | | | suited them. |
| defects on the car that was not put there by the | | | | |