What is the Magnuson-Moss Warranty Act?
In 1975 Senators Warren G. Magnuson and Frank Moss proposed a unique bill – one that would protect individuals from unscrupulous dealer policies. It was aptly named the Magnuson-Moss Warranty Act and it stated: “No warrantor of a consumer product may condition his written or implied warranty of such product on the consumer's using, in connection with such product, any article or service (other than article or service provided without charge under the terms of the warranty) which is identified by brand, trade, or corporate name.” (This is recorded in the US Code - Title 15, Chapter 50, Section 2302, Article C)
What does this mean? Simply explained, the Magnuson-Moss Warranty Act shields consumers against faulty warranties and requires that all terms be readily understandable. This is to ensure that all transactions are in good faith.