Posts Tagged ‘A car warranty’
Car Warranty Definition
A car warranty essentially states that the car you are buying is sold to you as factually stated or legally implied. There are usually measures included which offer repairs or replacement of parts not living up to the warranty.
Breach of Warranty
A breach of warranty occurs when a product is defective, or broken, to an extent that cannot be reasonably expected by a buyer.
Length
The average car warranty usually lasts one, three, five, or 10 years, and can often be extended for longer periods of time. Some warranties also stipulate the distance a car has traveled to stipulate length.
Service Contract
To further the duration of a car warranty, a service contract can be purchased from an independent insurance provider. This serves the same purpose as a car warranty.
Powertrain Warranty
Often a car manufacturer will offer a powertrain warranty on top of its regular warranty. This warranty protects the engine, transmission, and driveshaft, and often lasts longer than the basic car warranty.
Know the Terms
It is important to know the terms of your car warranty before purchasing your vehicle. Some warranties can be negotiated, and you will have to know what the current terms of the warranty are, in order to decide whether you agree or disagree with them.
How to Protect a Car Warranty
A car warranty pays for covered repairs to your vehicle when necessary. New cars come with a manufacturer’s warranty, which is provided by the manufacturer of your vehicle and is good at any same-make dealership.
Aftermarket warranties can be used at any participating service station. Two types of warranties are available: powertrain and bumper-to-bumper.
Neither warranty covers wear-and-tear items, though a powertrain covers the major components of the engine and transmission.
A bumper-to-bumper warranty covers just about anything that doesn’t require maintenance. Whichever you have, protect it to limit your future repair responsibility.
1. Read over your warranty contract thoroughly. Some differ slightly, but most require you to maintain your vehicle appropriately. Finding out what is covered can prevent any confusion.
New car warranty information is detailed throughout your owner’s manual, and if you purchased an extended warranty, the details are covered in your contract.
2. Download a copy of your owner’s manual if you do not have one (see Resources). Most manufacturers (but not all) offer an online version of an owner’s manual. Review the recommended service schedule for your vehicle if you have a manufacturer’s warranty.
3. Service your vehicle as recommended in the contract or owner’s manual. You can also call a same-make dealership to inquire about servicing requirements if you cannot access your owner’s manual. Read the rest of this entry »
