A warranty is a guarantee by one party to the other through some true facts or conditions and the other party is permitted to rely on that and seek for a remedy if that is not followed. It generally happens in business and legal transactions. Similarly a car warranty is a kind of assurance given by the manufacturer and a promise to substitute and mend the malfunctioning parts without any charges. There are various types of warranties like express, implied and lifetime. A violation of the warranty occurs when the promise is not kept up.

Therefore, while planning to buy a car, it is necessary to check the warranties which are provided by the manufacturers as an added advantage given by them to their customers. But not every new car warranty is equally made like some covers all the non- wear items on the car up to three years while others will repair for around ten years.

There are two types of new car warranty – the “bumper to bumper” and “power train”. The bumper to bumper assurance covers everything except the “wear” items whereas the power train warranty assures all the parts that are used to run a car like the transmission and the engine.

Thus, to enjoy the advantages of owning a car, make sure that you take on the warranty to your home along with your new car.