How Do You Understand The Lemon Law For Used Cars?
The federal Lemon Law states that all goods amounting to $25 or more should come with a written warranty, and this includes different types of autos. This means that the seller or the warrantor, if needed, should repair your car within a reasonable amount of time. This law was passed by Congress in 1975. Should your car be deemed to be a lemon car (a used car or ‘statutes lemon’) which is governed by used car laws, federal law requires a refund, replacement or cash payment be given to you, depending on the situation. The following are the federal and state requirements that you should be aware of to protect you from further financial burden: Federal requirements for the implementation of the Lemon Law • The Federal Magnuson-Moss Warranty Act states that the company that manufactured a product, whether it’s a coffee maker or Jaguar, must be covered and comply with warranty from the manufacturer’s themselves. • The Federal Trade
