Dec 26 2008
Implied Warranties
Implied warranties are not spoken or written, but automatically apply when you purchase a car (unless the car is sold “as is”). Implied warranties have two types: the implied warranty of merchantability and the implied warranty of fitness.
Implied Warranty of Merchantability
The implied warranty of merchantability assures that an automobile will work as expected, given its age and condition. This usually means that the car is in average condition for the price paid and is fit for safe and reliable transportation. It does not guarantee a perfect car.
State laws hold dealers responsible if cars they sell don’t meet reasonable quality standards. These obligations are called implied warranties - unspoken, unwritten promises from the seller to the buyer. However, dealers in most states can use the words “as is” or “with all faults” in a written notice to buyers to eliminate implied warranties. There is no specified time period for implied warranties.