An Act modernizing protections for consumers in automobile transactions

HD 2938 modernizes consumer protections for used car buyers in Massachusetts by adjusting warranty periods based on vehicle mileage: 90 days/3,750 miles for under 50,000 miles, 60 days/2,500 miles for 50,000-100,000 miles, and 30 days/1,250 miles for 100,000-200,000 miles. It also increases dealer bond amounts from $25,000 to $50,000 and clarifies key terms like "retail seller" and "lease agreement" to ensure consistent application. The bill mandates a 10-day written notice with specific cure rights before repossession, requiring dealers to give buyers 21 days to pay overdue amounts before taking action. These changes directly affect used car buyers and dealers by strengthening post-sale protections and reducing abrupt repossession risks.