Thursday, April 3, 2014


When buying your first car you must understand the importance of the Car's Warranty. Buying a car is always done with a warranty. (so are many other products)

A car warranty is a document that is delivered by the seller to the purchaser of a car at the time of sale; the car warranty is an assurance or type of guarantee that will provide the purchaser a form of repayment or replacement if the vehicle purchased does not perform as expected or fails to properly function.

A car warranty is offered in the form of a contract; each warranty will list specific functions and components of the automobile, that if prove defunct or ultimately fail will be replaced or refunded as promised by the car warranty.

The two basic types of car warranty are those offered in the aftermarket (extended coverage warranties) and those provided by the auto manufacturer. Regardless as the type of warranty; however, the purpose of the car warranty is to provide coverage, in the form of monetary repayment, if the car is defunct and requires major repairs.

Manufacturer warranties, in contrast, are placed on new vehicle purchases and generally cover the power train—meaning the engine, transmission and other major components of the automobile. The manufacturer’s car warranty is typically offered for a limited period of time or for a certain number of miles. 

Aftermarket car warranties may typically be purchased both used and new cars; the generic aftermarket car warranty will cover various components of the automobile depending on the specifics latent in the particular car warranty contract.

Manufacturer’s Warranty:
Every vehicle manufacturer in the United States offers some form of car warranty to the consumer base, though the specifics, meaning the period that the warranty is active and what the car warranty covers, will vary based on automobile and manufacturer. Some car warranties will cover virtually anything aligned with the automobile for ten or more years, while other types of car warranties will only cover catastrophic breakdowns or failures of the transmission, the engine, or other major components of the vehicle. 

In addition to the seller of the automobile and the manufacturer, insurance companies may also provide types of car warranties. This form of aftermarket car warranty can be purchased on both used and new cars and may last longer or cover components that were not mentioned in the original warranty.

For instance, a common manufacturer’s car warranty will not cover parts or items of the car that are susceptible to wear, such as brakes or drive belts. That being said, an insurance company who offers a car warranty may provide coverage for these parts and their subsequent repairs.

While the typical manufacturer’s warranty will transfer over when a vehicle is resold to a second owner, many used cars are re-sold with an expired car warranty. In these prevalent matters, an aftermarket car warranty may protect the second purchaser from facing expensive repairs. As a result, it is always a prudent move to have a used car inspected before you purchase it.

When learning abut your car warranty it is important to note that there exists to consumer's  laws that have been put into place for  the protection of consumers from goods that do not meet the specified standards. These Laws are know as The Lemon Laws.

Lemon laws are American state laws that provide a remedy for purchasers of cars and other consumer goods in order to compensate for products that repeatedly fail to meet standards of quality and performance. Although there may be defective products of all sorts ranging from small electrical appliances to huge pieces of machinery, and there is even a "puppy lemon law," the term "lemon" is generally thought of as applying to defective vehicles such as automobiles, trucks, SUV's, motorcycles, etc.

These vehicles and other goods are called "lemons." The federal lemon law (the Magnuson–Moss Warranty Act) was enacted in 1975 and protects citizens of all states. State lemon laws vary by state and may not necessarily cover used or leased cars, and other goods. The rights afforded to consumers by lemon laws may exceed the warranties expressed in purchase contracts. Lemon law is the common nickname for these laws, but each state has different names for the laws and acts.

There are two types of warranties. Express warranties are usually statements in writing such as those provided by the manufacturers in Owner's Manuals and other written sales or advertising materials, or by a sample or model. Implied warranties are broader in scope and assure consumers that the retail product would meet certain minimum standards of quality whereby the product is fit for use for the purpose intended. In each type the manufacturer assumes the liability and responsibility to correct the defect or to repurchase or replace the product.

Federal lemon laws cover anything mechanical. The federal lemon law also provides that the warranter may be obligated to pay the prevailing party's attorney in a successful lemon law suit, as do most state lemon laws.

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