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An automotive warranty is a guarantee provided by a vehicle manufacturer or a third party, ensuring that any defects or issues with a vehicle will be repaired or addressed within a specified period after purchase. [1] This warranty is most often an important aspect of purchasing vehicles since it provides buyers with protection against ...
Lemon law protection arises under state law, with every U.S. state and the District of Columbia having its own lemon law. [1] Although the exact criteria vary by state, new vehicle lemon laws require that an auto manufacturer repurchase a vehicle that has a significant defect that the manufacturer is unable to repair within a reasonable amount of time. [2]
If the owners of an affected product can be reasonably identified (e.g. a vehicle recall, where owners can be identified using the motor vehicle register), notices may be sent directly to them through post or email. Typically, the consumer is advised to return the goods, regardless of condition, to the seller for a full refund or modification.
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In 2009, according to a preliminary report from the Environmental Protection Agency published in November 2009, which is based on 2009 pre-model year production projections provided by automakers, [23] Hyundai, at an average of 23.4 mpg ‑US (10.1 L/100 km; 28.1 mpg ‑imp), is the second most fuel-efficient automaker in America, after Honda's ...
The Magnuson–Moss Warranty Act (P.L. 93-637) is a United States federal law (15 U.S.C. § 2301 et seq.). Enacted in 1975, the federal statute governs warranties on consumer products. The law does not require any product to have a warranty (it may be sold "as is"), but if it does have a warranty, the warranty must comply with this law.