The concept of warranty is considered as a pre-requisite in the car market. It is the protection that easily convinces a buyer to move ahead in purchasing the vehicle.

We all know that the world is changing fast. There is a competition for every product. Same is with the warranties of the car too. Today, the market has lost its monopolistic position and the presence of various competitors has added a tough fight for the warranties.

There are more risks attached with the warranties of the used car. Therefore, selling the used car with innovative warranty offers becomes the point of attraction for the buyers of the used car. The used car warranty law is one of such innovative offer from the dealers. This law is helpful for those who can’t afford the repair bills of the post-purchase damages of the car. It is also applicable for those cars that have not been able to get repaired despite innumerable maintenance from the dealer. The used car, which is giving trouble after repeated repairing, is termed as ‘lemon’. Hence, another term for used car warranty law is ‘Lemon law’. The dealer is held responsible for the faults in the car and if the problem persists in the car, the law states that the buyer will get full refund of the purchase price.