An Act modernizing protections for consumers in automobile transactions
House: Bill reported favorably by committee and referred to the committee on House Ways and Means
Summary
The bill revises Massachusetts statutes governing used‑car sales, leases and retail installment contracts. It adds mileage‑based warranty periods, raises the bond‑claim limit to $50,000, clarifies key contract terms and requires lenders to give buyers a written notice and cure period before pursuing repossession. The changes aim to give car buyers clearer rights and stronger protection against sudden loss of their vehicle.
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