Auto Warranty News

The used car warranty law, or used car lemon law, is provided in some states for vehicles that are not covered by a manufacturer’s warranty. This law provides a solution for buyers of vehicles that do not have the proper documentation. This law still allows purchasers or lease owners to benefit from hassle free repair and servicing normally issued to new cars. However, under this law there are special characteristics that define a used car and only when the car falls under these conditions is it covered by the used car warranty law. Some of these conditions are listed below.
The car must have been originally purchased, leased or transferred after 18,000 miles of operation or two years from first delivery. The vehicle should have had a purchase price of at least $1,500 and been used primarily for personal purposes only.  In addition, the vehicle should have been driven 100,000 miles or less at the time of purchase or lease. Under the law, cars that fall under these categories are those that will benefit from the used car warranty law. These laws tend to differ from state to state, so one should research the laws for your state.

One of the popular used car warranty laws out today is the limitation of selling vehicles ‘as is’ without proper documentation in the buyers’ guides.  Even if you choose to sell a vehicle without a proper warranty, which is what the auto sales term ‘as is’ means, the law of several states state that the owners or dealers give you a written warranty.  This warranty allows you to be exempted from paying the fees necessary to repair the car or replace certain defected parts, as seen fit by the dealer.  You are even entitled to a full reimbursement if the car is not fixed after several attempts. This law is referred to as the used car lemon law, and no car can be legally sold by any dealer ‘as is’ under this law.  

It is the consumers’ right to understand these used car warranty laws and not be fooled by enthusiasts who are only trying to profit otherwise. Used car warranty laws are often misunderstood and should be more emphasized. It should be understood, however, that buying a car privately, and not from a dealer, does not guarantee the used car warranty law to be upheld and such matters should be settled via a lawyer. 

A useful auto warranty tip for first time car owners, and any other vehicle owner for that matter, is figuring out whether or not to invest in an extended warranty at all or if it is even worth the extra cost that you would have to pay for it.  Most people buy used cars because this is all they may be able to afford at the point in time.  But ambitions are set higher and most of those same individuals dream of the day that they will drive a brand new car.  So buying a used car is the immediate solution to one problem, and the stepping-stone to achieving greater things. 
It is also a temporary move with the intention that the car would be sold in the not-so-distant future – as short as a couple of months or as long as a couple of years.  The question to ask oneself is therefore: do I, or do I not invest in an additional warranty plan for this vehicle?  True, it would save you the hassle of breakdown repairs and even roadside service assistance, but in the long run would you be paying more money for this plan than you need to for your immediate use?  Is the additional investment a worthy one?  Chances are that if your car is in good condition and looks to need little or no repairs or replacements, then your best option altogether is to forgo the extended warranty!

A car warranty is like your vehicle’s health insurance – you can use it during the insured period to help with the cost, or at least part of the cost, of repairs to your vehicle.

But just as a person’s health insurance policy is issued based on his or her current state of health, so too is your car warranty issued based upon its age and current state of fitness (which would include the vehicle mileage used to date). Much like your health insurance coverage is based upon your age, so too is your vehicle’s warranty based upon it’s life – if your vehicle is too old or has a high mileage , then it become increasingly difficult to issue a car warranty to cover its ‘life’.
Additionally, a health insurance will not cover you for every single sickness, disease or virus that you may come upon. It does not cover certain fatal illnesses or sudden death coverage. Your car warranty works very much on the same principle. Some warranties, for example, cover the cost of repairs for all the parts of the car while others cover only specified parts. Which coverage you have or do not have depends a lot on the age and health of your car.

The aftermarket auto warranty is designed to protect your car, or more specifically to protect you when your car breaks down or wears down.  It is a warranty or a service contract that is bought at an additional price to the vehicle purchase and it differs from all other warranties for the said reason – it is the only warranty that you must purchase.  It is also the only warranty that you can get at any other time after the first purchase of the car; more so, you can purchase this warranty at any other dealer or service provider different to the dealer that you buy the car from.
The aftermarket auto warranty is different from all other warranties also for the very reason that it is not really a warranty.  Since you are paying for this coverage, you could say that it becomes more of a guaranteed service that is valid for the terms of purchase agreed upon.  Most times this term of purchase simply means the type of coverage (limited or fully comprehensive), the period of coverage, or the distance covered in terms of mileage.  The aftermarket auto warranty is simply designed to extend the coverage of an existing warranty or to provide coverage for a vehicle where there formally existed none.

The first tip about purchasing an auto warranty is that you never purchase is warranty unless it is truly an auto warranty and not some plan where you get minimal warranty coverage.  Both new auto warranties and used car warranties should be provided upon purchase of the vehicle, or not at all.  Sometimes even if these warranties are included, you might need to pay for transfer to your own name.
The only auto warranty that you should purchase is the aftermarket warranty.  It is advisable that you never purchase a warranty from the car dealer from whom you bought the car.  This is simply because all car dealers mark up their prices by as much as thirty percent and over.  Also, you must never buy an aftermarket auto warranty that is included within the final price of a car that you purchase under loan agreement.  This is because all loan purchases will carry an interest charge that would be spread over the total period of payment – that means that if your warranty was included in that price that you would be paying interest on it for years to come.  This could amount in hundreds of dollars unnecessarily spent on a warranty coverage that is worth less than twenty five percent of that.

The used car warranty law is a remedy for local purchasers or lessees who do not have a manufacturer’s warranty on relatively new cars. The used car market has been rapidly increasing with the demand for affordable cars. For many, a brand new car can exceed a budget.  However, a used car can be obtained in top condition at much cheaper prices. As such, used car warranties and used car warranty laws have been devised to assist consumers.

 

When purchasing a vehicle the used car warranty law, or the used car lemon law, can be obtained from the dealer. It should be examined before the time of purchase. It is your right to understand the terms and conditions of the warranty, as well as what you are entitled to under the used car warranty law. Even if the dealer does not give you the written lemon law warranty, under the law you are entitled to all its benefits.

 

Some of the main parts that should be covered by the used car warranty law are the engine, the transmission, drive axle, brakes, steering, radiator, alternator, generator, starter and the ignition system (excluding the battery).

Auto warranty reviews are important information for any prospective car owner or person looking to buy an auto warranty.  A review can give you an idea of the company that you are dealing with, their level of customer satisfaction and professionalism, their ability to repay a claim, or even appease your mind that they are indeed a legitimate company.

 

It is easiest to find auto warranty reviews over the Internet today.  Simply go on to any popular search engine and type in the keywords for auto warranty reviews.  Out of the sites that come up, you can decide for yourself those that are true and those that are not; which are actual reviews from real customers or which are nothing more than simply posted advertisements by the company.  A good indication of the level of professionalism by the company would be their marketing approach.   A highly professional company would be confident of their services and thus would be willing to spend money on proper campaigning and marketing strategies.

Auto warranty reviews mostly apply to aftermarket or extended warranties or service contracts.  This is because these are services that you must pay in addition to the cost of what you paid for your car.

 

Most auto warranty reviews would tell you if the company is one that honors its claims, or how common the occurrence of unpaid or unsettled claims within that company is.  It is very easy to become trapped in warranties that contain little clauses that may be intentionally included or excluded as the case might be just so that the company doesn’t stand responsible for the claims made against them.

 

Auto warranty reviews also provide you with guidelines that can assist and prevent you from investing in fraudulent warranty companies or companies that do not really offer you what they advertise.  Most people get tricked out of their money this way, for they invest in a warranty online that says one thing, but doesn’t clarify its statements and leaves you little room to realize that they are doing this.  Unfortunately you would find out the hard way if and when you do try to file a claim.

Everyone should have a car warranty. It is the guarantee from the provider that if your car ever need repairs they would cover the cost of the repairs or at least provide re-imbursement. Auto warranties however are not so simple or straight forward. There are a lot of paperwork involved and contracts to agree upon and clauses to verify and confirm.

Of all the car warranties that you can get for your car, the new car warranty is probably the most simple. This car warranty is automatically issued by the authorized car dealer or the manufacturer, and usually provides coverage for both breakdown repairs and wear and tear repairs, that’s something most people do not differentiate between.
Used car warranties are probably the trickiest out of all the warranties that you would ever have for a car. In most instances, these warranties may not cover both breakdown and wear and tear repairs, or they may have limited coverage that you would need to ask about. In addition, the manufacturer’s warranty may still be valid on some used cars. This coverage would sometimes be automatically transferred to the new owner with the sale, but sometimes you may have to pay extra for this.