A warranty is a written contract between the merchant and the consumer. It is drafted in such a manner that it states the circumstances under which the seller is entitled to fix the problems of the customers without causing much inconvenience to them. Warranties generally come with major appliances, which involve huge investments. The contract generally states the fault, which will be taken in consideration by the seller for the predetermined time period.

Every year, the number of vehicles on road is increasing. Before buying a vehicle, number of points is to be taken into consideration. The foremost being the cost of warranty, which is inclusive in the cost of the vehicle. The warranty provides the coverage to any unpredicted expenses and also gives an opportunity for a free service within an acknowledged period of time. Warranties can be either bought from the dealers or the third party companies.

A New car warranty comes with the purchase of the new car which is a guarantee by the manufacturer that the automobile is free from all sorts of defects. New car warranty varies from one manufacturer to another, thus leaving customers with more options to choose from. New car warranty is of two types namely bumper and the power train warranty. Tires and batteries are not covered under the basic warranty that includes all other vehicle parts. Warranty insures the safety of the vehicle and relieves you of the pain of bearing heavy expenses in order to maintain the vehicle in a good working condition.