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Magnuson–Moss Warranty Act

Magnuson–Moss Warranty Act

Search complete. 11 mentions across 8 episodes found for "Magnuson–Moss Warranty Act".

Sep 12, 2026

Fred StaabHOST
83:26
You know?
Les JacksonHOST
83:27
Well, but the fact is, um, it, this is, this is, this falls under what's known as the Magnuson Moss Warranty Act.
Les JacksonHOST
83:38
Um, a- and it covers lots of things.
Les JacksonHOST
83:41
But the, the dealer's responsible.
Andrew FergusonGUEST
37:31
And in the next couple of weeks, we will be proposing yet another rulemaking to promote transparency, price transparency in a couple of major markets.
Andrew FergusonGUEST
37:39
So, you know, I don't reflexively oppose rulemaking, but I do think they have to be tailored in the way that Congress instructed the FTC to tailor them in the Magnuson-Moss Act.
Andrew FergusonGUEST
37:48
Number one.
Andrew FergusonGUEST
37:48
Number two, in terms of regulation cheating outcomes that I support.
Sean HeronHOST
35:13
I don't, I don't quite remember.
Sean HeronHOST
35:15
Magnuson Moss.
Sean HeronHOST
35:16
That's what it is.
Nick LynchHOST
35:17
Magnuson Moss.
Sean HeronHOST
35:18
Yeah.
Nick LynchHOST
35:19
Dude.
Emily RaskHOST
3:46
By the time the reformers got involved, the FTC had already earned the nickname of its own – critics were calling it the little old lady of Pennsylvania Avenue, a jab that stuck after consumer advocate Ralph Nader's 1969 report accused the agency of sitting on its hands while companies got away with this exact thing.
Emily RaskHOST
4:08
That pressure produced the Magnuson-Moss Warranty Act of 1975.
Emily RaskHOST
4:14
It required clearer disclosure of what written warranties and service contracts actually covered, which sounds like a win for consumers until you notice what it left alone.
Emily RaskHOST
4:26
The law shaped how these products had to be described, but it never touched how they were priced, who was allowed to sell them, or what percentage of your money had to go towards an actual repair versus a salesperson's commission.
Sean HeronHOST
35:13
I don't, I don't quite remember.
Sean HeronHOST
35:15
Magnuson Moss.
Sean HeronHOST
35:16
That's what it is.
Nick LynchHOST
35:17
Magnuson Moss.
Sean HeronHOST
35:18
Yeah.
Nick LynchHOST
35:19
Dude.
Steve LehtoHOST
3:10
They can't.
Steve LehtoHOST
3:10
The Magnuson-Moss Warranty Act says they can't.
Steve LehtoHOST
3:13
Likewise, they can't tell you you can't do your own oil changes.
Steve LehtoHOST
3:18
However, they can tell you that you have to do oil changes, and you have to do them appropriately.
Steve LehtoHOST
5:55
That's the key.
Steve LehtoHOST
5:56
That's the key.
Steve LehtoHOST
5:57
So getting back to Magnuson-Moss Warranty Act and what it does in a case like this in America is the Magnuson-Moss Warranty Act says that a warrantor, that's somebody who's responsible for a warranty on a product sold to a consumer, cannot force the consumer to use certain products in conjunction with the warranted product unless they've proven to the Federal Trade Commission that it's necessary that you do so.
Steve LehtoHOST
6:29
And that, as far as I know, has never been done in a case like this.
Sean HeronHOST
52:29
Yeah, at most.
Sean HeronHOST
52:30
And it's crazy 'cause they don't provide a formal written warranty because of something called the Magnuson Moss Act.
Sean HeronHOST
52:37
So when politicians basically ruined warranties for people.
Sean HeronHOST
52:40
But yeah, so they don't do it, but everything I've heard is that they take ridiculously good care of their customers.
Sean HeronHOST
52:29
Yeah, at most.
Sean HeronHOST
52:30
And it's crazy 'cause they don't provide a formal written warranty because of something called the Magnuson Moss Act.
Sean HeronHOST
52:37
So when politicians basically ruined warranties for people.
Sean HeronHOST
52:40
But yeah, so they don't do it, but everything I've heard is that they take ridiculously good care of their customers, which is awesome.

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