Warranty is a standard practice in the consumer-oriented business under which companies assure products free of defects. If any product is found to be defective or if a part of it develops a fault, it will be replaced under the warranty. However, to replace a defective product or its part, the warranty period should be in place. The warranty period normally ranges between two-three years. The same applies to car warranties, which are of two types, new car warranty and used car warranty.
New car warranty is given to new cars released from the showroom. Used car warranty is issued to pre-owned cars or those sold under the after-market tag. New car warranty has plenty of options. It is issued against time and distance covered by the car. For instance, the warranty period will be valid up to two years from the date of the sale of the car. Similarly, the warranty period will be in place up to 30,000 kilometers covered by the car from the date of sale.

Review at least five different warranty offers before finalizing the service provider. The warranty covers repair and maintenance of engine, power train, drive train and brake mechanism. However, it does not take care of the cost of the replacement of expensive spare parts.