Auto Warranty News

 

Most times, an individual who purchases a used car doesn’t pay much attention to the details of his used car warranty.  But in fact, used car warranties can be either full warranties or limited warranties, which cover on specified parts of the used car.  It is often to find that the coverage for limited warranties – and even full warrantees – can vary from dealer to dealer. 

While most individuals are fooled into thinking that they have full warranties, often too late do they find that their used car warranties are lacking in one way or the other.  A full warranty should carry an implied warranty with no constraints on time validity, service should be guaranteed to the owner so long as the warranty is valid, and should be of no additional costs to the owner. 

For limited warranties, only certain named parts of the vehicle are covered.  Even for full warranties you can find that clauses are inserted, which specify you to pay in part or full for certain defects, or failures.  A limited warranty implies more hassles, so you must exercise extreme caution when buying a vehicle with a used car warranty that offers only limited coverage.

 

An aftermarket auto warranty is basically an extended warranty contract.  Most people buy these because they think that more coverage is better coverage, but they do not take the time to think carefully about whether or not they really need an aftermarket auto warranty.

First of all, the manufacturer’s warranty is the first warranty that any vehicle ever possesses.  Is this warranty still valid?  If it is, you must then consider the remaining mileage or time frame till this warranty becomes void.  Secondly, what is the purpose of your purchase?  Is eighteen months coverage enough for your purposes?  What is the average mileage covered per day – would fifteen thousand miles be enough for your driving distances?  If not, then the aftermarket auto warranty might be for you.

You also need to consider the possibility that you would sell the car before the manufacturer’s warranty is even up.  If such is the case, then it makes no sense at all for you to invest in an aftermarket auto warranty – quite simply because the purpose of the aftermarket auto warranty is to provide extended coverage beyond your manufacturer’s validity (this can be both time periods and limited coverage). 

Auto warranty refers to a service under which the car dealer in association with a local firm takes up responsibility for the repairs and maintenance of a car for a brief period from the date of sale. For instance, if a particular vehicle develops a mechanical failure or engine fault, the repair charges will be covered under the warranty. A vehicle owner doesn’t have to pay for the cost incurred to repair the car.

The auto warranty covers some basic aspects of the car like engine, drive train, power train, break system, steering system and other small repairs.

An auto warranty comes in two categories. They are original warranty and after-market warranty. Original warranty is the warranty issued to the car owner at the time of purchasing a brand new car from the vehicle dealer. This original warranty comes for a limited period of three years or the minimum distance covered during that period.

Once the original warranty period expires, car owners can choose an after-market auto warranty. They are called so since they can be subscribed to only after the original warranty period expires.

Just like original warranty, the after-market auto warranty comes loaded with features. The best known package under after market auto warranty is the ‘bumper-to-bumper’ package, which takes care of the entire vehicle.

Auto warranty refers to the service package offered by the car dealer in association with a local firm regarding maintenance and repairs of the car. This warranty comes for a limited period on distance covered by the vehicle. Usually, the warranty period comes with a minimum maintenance period of three years.

In case the car experiences a mechanical failure or engine breakdown, the warranty takes care of the costs involved in repairing them. However, the warranty does not cover the spare parts required to set the engine in condition. Normally, the auto warranty covers almost all the important features of a car like drive train, engine, power train, steering system and break mechanism.

Choose the auto warranty that offers maximum service. For instance, the most popular warranty package is the ‘bumper-to-bumper’ warranty, which covers the entire aspects of the car. Auto warranty is to car what life insurance is to human beings.

There are a number of companies engaged in auto warranty. Check with the car dealer on the packages of warranties available before accepting those offered at the time of purchasing the car.

In case, you are not satisfied with the service offered by the auto warranty firm, then the car owner has the freedom to choose another company.

It is always better to know the rules and regulations before opting for an appropriate used car warranty package. In the US, the used car warranty law varies from state to state. However, there are some common features across all states to ensure that vehicle owners are not duped by fraudulent used car warranty.

As per rules, no used car dealer can sell the vehicle without issuing the warranty to the car owner. In case, such transactions are executed without the knowledge of the used car buyer, the dealer can be taken to a court of law for deviating from the set procedures and norms. Also, the dealer should give the used car buyer the flexibility to choose an used car warranty of his / her choice. The dealer cannot force the car buyer to buy specific used car warranty.

Used car buyers should also insist on a wide range of warranties before finalizing any package. Make sure that the used car warranty package covers main aspects like power train, drive train, engine, break mechanism and steering system. There are possibilities of fraudulent used car warranty being passed on to the car buyers. Always, check the authenticity of the warranty by judging the testimonials of the firm issuing it.

 

More often enough, people are under the assumption that their responsibilities of maintaining their vehicle seizes once they get aftermarket auto warranty.  Buying an aftermarket auto warranty however does not necessarily imply that your car’s maintenance and repairs are no longer your immediate concerns.  In fact, it is quite easy to get oneself into a fine mess if not careful about the purchase of the aftermarket auto warranty.  Time and time again you have heard it: “Read carefully before you sign or buy!”  Most people would be surprised to know that the most common reasons for a warranty claim to be denied are because of a lack of understanding of the information within the warranty, or simply the neglect to read the information within the warranty.

Most aftermarket auto warranties require that you service your vehicles at the specified servicing times or mileages specified in your contract.  Even missing a simple oil change can mean that you have broken your contract.  Remember, most companies operate to make money, and where possible they try to avoid paying claims as much as possible.  Do not let their next victim be you – read carefully!

Extensive markets exist for used cars.  These markets thrive because many people cannot afford the immediate costs of new cars.  Many car owners buy newer model cars and sell an old car every three or four years, thereby increasing the used car market.  These cars need to be appropriately serviced and repaired in order to function properly.  Many car dealers offer used car warranties on these cars, the length of each policy depending on the condition of the car.

The customers are advised to be careful of cheap unknown companies that attempt to sell used car warranties.  They should be well informed on the contents of the warranties and more particularly, conduct their transactions with a safe, reputable company.  This is essential so that they can reduce the likelihood of being robbed and cheated out of hard-earned money.

While many warranty companies offer warranty contract to used car buyers, it must also be noted that some of these companies also design their own auto warranties.  This means that they can insert hidden clauses which can be missed or by-passed by the salesperson.  It is your responsibility therefore to review thoroughly all clauses and have all questions addressed in a manner acceptable only to yourself before agreeing to buy any used car warranty.  Researching both the company and the warranty can prove to help immensely and save you a lot of regrets later on.

 

When buying a new car it is essential to consider the new car warranty and its packages. New car warranty protects your finance in the event of auto recalls by the leading auto manufactures while also covering any defects or problems that can arise when you least expect!

Car manufacturers usually provide the first warranty that is included in the original price of a purchased vehicle. The warranties issued are usually based on the condition of the car. To obtain the best new car warranty you must understand the items being covered and your liabilities if buying a car with the prospective company. Their level of roadside assistance measures really good warranties.

Warranty information should be available in the owner’s manual that comes with the car. Sometimes it is advised that you obtain a new car warranty from a warranty company as compared to the car dealer, although many warranty companies offer warranty contracts to the car dealers. Customers are usually advised to read the warranty documents carefully because information can often be misleading. Always try dealing with a reputable warranty company that issues a fair new car warranty policy at a fair price.

 

If you have recently purchased a vehicle, you may have been faced with the question of purchasing an extended warranty.  Whether or not you need an extended warranty would depend heavily on the intended purpose for which you have purchased the vehicle.  Basically, an extended warranty is a service contract that agrees to cover auto repairs and maintenance within the cost of the warranty for a certain time frame only.  Once you decide on the purchase of an extended warranty however, you must decide if you want the manufacturer’s warranty, or an aftermarket auto warranty.

The aftermarket auto warranty is a warranty contract issued and honored by a service dealer other than the manufacturer’s authorized dealers.  Aftermarket auto warranties are cheap and can be purchased for both new and used cars while manufacturer’s warranties are expensive and mostly cover new cars.  Also, an aftermarket auto warranty can only be honored by the issuing service provider, meaning that your vehicle must be taken to the same place for servicing or repairs as where you bought the warranty.  Another risk with purchasing an aftermarket auto warranty as opposed to a manufacturer’s warranty is the financial stability of the company that you are purchasing the warranty from – will they be able to honor the contract at all times?

Most people who invest in used cars do so because they cannot afford the short-term costs of a new car.  But most often overlooked when buying a used car are the long-term costs associated with the maintenance of the vehicle. Consider carefully your options when shopping for a new and used car, and pay special attention to the difference in a new car warranty versus a used car warranty. Having a great warranty program can help save you money.

 

While a new car provides one with hassle-free maintenance for the first few years, a used car requires maintenance from the day it is bought.  A major factor to consider in a car’s maintenance is its warranty.  New cars come with factory warranties, which cover the wear and tear for most purposes, while the option of extended warranties are applicable to most, if not all, new car purchases.  On the other hand, a used car warranty does not offer the options of extended warranties nor does it cover extended periods of time (these are short term warranties only).  So while a used car might be warranted to cover a period of six months after ownership transfer, it is most likely that the car would have been maintained so that problems only begin to arise after nine months of usage.  Unfortunately then, it is the owner of the car to face the expenses, as warranties are no longer valid – as opposed to a new car warranty.