Magnuson Moss Warranty Act
Title I of the Magnuson Moss Warranty Act enacted in 1975, the federal statute governs warranties on consumer products. If a product that is purchased does have a warranty, the warranty must comply with this law. This law authorizes the Federal Trade Commission to regulate the manufacturer's new vehicle warranties, enforce implied warranties, and demand compensation for a breach of the warranty contract.
Additional Vehicle Coverage
Below are examples of of vehicle warranties that are available for purchase:
-Powertrain: Transmission, axles and driveshaft
-Roadside assistance: Flat tires, emergency repairs
-Corrosion or rust: Ziebart vehicle rust protection
Hybrid and Electric Vehicle Battery Coverage:
Federal law requires battery coverage of hybrid and electric vehicles for 8 years or 100,000 miles
Additional Insurance
Used vehicle warranties are additional insurance on your vehicle! Automotive manufacturer warranties offer plans that cover routine vehicle services and repairs. It is recommended that shoppers purchase an extended warranty before their manufacturer warranty expires, this way there is no gap in coverage. Buying a used vehicle does not mean you will lose out on vehicle coverage, almost every used vehicle qualifies for an extended warranty.