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Car Warranty
Car Warranty
When you buy a new car, you expect the vehicle to be in excellent
running condition and to remain that way under normal use for a
reasonable amount of time. Car warranty is the formal concept
of it, with set guidelines that fixes who is responsible for repairs
and when that responsibility shifts from the manufacturer to the
owner. Car warranty is a written promise by the manufacturer that
the car that you are buying will perform up to stipulated standards.
Warranties automatically come with new cars you don't have to buy
them.
Car warranties are actually a collection of warranties, each covering
different areas and systems of the car. For example, the body may
be warranted against rusting for a given time period, while the
engine and drive train may be warranted for a set mileage and time
period. When you purchase your vehicle, your dealer will explain
about the manufacturer's warranty and may offer you extended warranties
at extra cost.
The
most inclusive warranty is a full manufacturer's warranty that covers
the cost of parts and recommended service of a new car for a preset
time period. If the original owner sells the vehicle during the
time the warranty is in effect, the warranty is fully transferable.
Depending on the car dealer's policies, the dealer may have different
policies for different customers, you may be given a car to drive
while the dealer performs warranty service on your vehicle. According
to a "Lemon Law" applied within states, you have the right to a
refund or a replacement if your vehicle still isn't repaired after
repeated servicing.
Extended Car Warranty
Extended car warranty is the warranty for the certain services
for the period after the warranty period of manufacturer expires.
Extended Car Warranty can be purchased long after the car
itself has been bought. There are limitations to extended warranties,
however. Usually the vehicle must be under 10 years old and the
mileage must be less than 100,000 miles. Newer vehicles (under 4
years old) with under 50,000 miles on the odometer may be eligible
for extended warranties that have a wider range of coverage. According
to federal law, "extended warranties" that are usually offered by
salespeople to buyers of new and used cars are not warranties. They
are auto service contracts. For extended warranties you pay extra
for an auto service contract. The manufacturers of the vehicles
do not back many auto service contracts but are supported by private
companies, which in the past have not remained in business for the
full terms of the contracts. Car warranties have become a selling
point for manufacturers. This has been urged by the increasing reliability
of modern cars and the increasing cost of auto repairs.
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