Buying an auto warranty for a vehicle is risky if you are not aware of the regulations and rules of the warranty. It is smart for vehicle owners to hire a professional car consultant who will help guide them through the buying process of the auto warranty. If the vehicle owner decided to purchase the warranty without any help, they risk for buying a fraudulent warranty is higher.
Fraudulent auto warranties refer to warranties that come with many features and are priced very well. However, the providers of these warranties do not actually provide the services that are mentioned in the warranty. In the used car market, fraudulent warranties are common. Therefore, people who buy used car warranties should be very careful.
As a result of fraudulent auto warranties, the US administration has created a law to protect consumers. This used car warranty law is called the lemon law.