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While purchasing a new car, the manufacturer provides the car owner with a factory warranty which will bear the cost for repairing your car for an agreed time period or mileage, whatever is first. When this warranty is exhausted, one may chose to go for an extended warranty. Any warranty that is not made available by the factory can be called an aftermarket auto warranty.
Purchasing these warranties through the dealer is most advisable. Though they may be more expensive or may not provide you a good coverage but still as they will make you sign a contract which will ensure your safety in times to come. However, while shopping for third party dealings, keep in mind if the company goes bankrupt, then you will be left with no warranty at all which is not the case with the dealers. After market warranty do help you save your money in the future. But they are not applicable if you lease your vehicle and turn up for any kind of service. Some of them also have a get back facility that makes them a ‘never-lost’ investment. Thus, if you want to go for a serene tension free journey, auto market warranty is a must for your vehicle.
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 trainâ€. 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.
Aftermarket auto warranty, also known as extended warranty. It can be purchased at the time of purchase of a vehicle. It is an insurance plan that provides services after the purchase when the manufacturer’s warranty ends. It saves people from incurring huge expenditure on the repair of their vehicles in case the vehicle breaks down and provides quick replacement of the damaged parts. A fixed amount of money is charged for all the repairs of the vehicle.
Various plans are offered that cover different parts. Plans such as powertrain coverage includes repairs or replacement of engine, transmissions and differential parts. These plans also include road side assistance which consists of tow service, refuelling, etc. Some of them offer payment of hotel bills and other contingent expenditures in case of dire straits. It also comes in low mileage plans which are suitable for people who seldom go for long distances.
Though a customer has to pay extra money to purchase such warranty, it adds to a peace of mind as a person can rely on it when his car brakes down in a stranded place. Vehicles involve huge investments and an additional expenditure on its maintenance safeguards the huge amount spent on it. The concept of aftermarket warranty saves money when viewed in terms of long run.
A used car is a great bargain for the first time car buyers. The advantages of a great price coupled with used car warranty are always a great deal. But such warranties are also governed by the Used Car Warranty Law. It helps the buyer to have a hassle free warranty and a non ambiguous service for their used car.The Used Cart Warranty Law is also under the state laws. It protects the buyers from any shady deals or unwarranted events. Though the laws vary from each state, the basic rules are almost the same. They are:
1. The buyer of used car should have bought the vehicle at a price between $1,000 and $3,000.
2. The vehicle bought should be at least 2 years old to a maximum of 6 years.
3. The car purchased is used only for personal use, family members and for household needs.
Based on these terms and conditions the used car dealer must offer free repairing for up to 30 days or 1500 miles from the date of purchase of the car. But cars purchased at a minimum price of $3,000 and has the limit set to 60 days or 3,000 miles whichever is earlier.
This is essential for all, car and vehicle owners and provides safeguard to their financial loss.
Purchasing a car and driving it down the lane, is not at all a difficult work. But yes, maintaining a car is a tough job. Keeping a car fit gives the owner a long-term healthy association and he or she feels relaxed with it. But what if the repairing and maintenance is bringing expensive bills with it? We have a solution for that also.
Auto warranties are the means through which you can save your skin from repairing and maintaining your car. There is a wide range of coverage provided with auto warranty programs. But one has to follow some essential tips that can help the car owners to buy a right auto warranty for their car.
1.   Never forget to buy an extended warranty when the factory warranty period has expired.
2.   Before buying any warranty, make it sure that whether it is transferable or not?
3.   Before making a choice from power train, competent and bumper-to-bumper warranty, see your requirements.
4.   Different warranties offer different coverage. So, the car owner and warranty purchaser should research on what parts are covered and what are not?
5.   Is the car warranty offering roadside assistance services? Because the car owner feels handicapped when the car gets stranded on road due to mechanical failure.
Automobile warranty is an assurance to the buyer of the new or used car. The warranty assures the buyer that the dealer will take care of the repair and maintenance of the car free of charge. Auto warranty can be purchased from the original dealer or from any third party dealer. There are many auto warranty companies that offer a wide range of coverage.
Generally, there are three types of warranties available in the market that is more popularly used. It includes general, power train, competent and bumper-to-bumper.
The original auto warranty is available for a fixed period of time. After its completion, the car owner can get the services of extended car warranty that saves the bearer from high costs of mechanical repairs. The only task that is left for the car owner is that he or she needs to choose the right auto warranty suitable for the requirements of their car.
Selecting a model or color of the car is an easy task, but selecting an appropriate warranty might turn out to be difficult for some. But the right decision on the right time proves to be fruitful in future when the heavy cost repair bills are being taken care of under the warranty coverage.
The concept of warranty is considered as a pre-requisite in the car market. It is the protection that easily convinces a buyer to move ahead in purchasing the vehicle.
We all know that the world is changing fast. There is a competition for every product. Same is with the warranties of the car too. Today, the market has lost its monopolistic position and the presence of various competitors has added a tough fight for the warranties.
There are more risks attached with the warranties of the used car. Therefore, selling the used car with innovative warranty offers becomes the point of attraction for the buyers of the used car. The used car warranty law is one of such innovative offer from the dealers. This law is helpful for those who can’t afford the repair bills of the post-purchase damages of the car. It is also applicable for those cars that have not been able to get repaired despite innumerable maintenance from the dealer. The used car, which is giving trouble after repeated repairing, is termed as ‘lemon’. Hence, another term for used car warranty law is ‘Lemon law’. The dealer is held responsible for the faults in the car and if the problem persists in the car, the law states that the buyer will get full refund of the purchase price.
A vehicle warranty is very important for maintaining any vehicle, whether new or used. This service provides a safety blanket for any vehicle and it also provides an assurance to the car buyers in troubled times due to car problems. That’s why it’s important to purchase a vehicle warranty for your car. However, before you buy, make sure you do your due diligence. The buyers should at least enquire about the given information:
1. What is the coverage provided?
2. What benefits can be reaped out of it?
3. Does it offer Roadside assistance scheme?
4. What parts can be replaced under the warranty?
The auto warranties can be purchased from the factory or the dealer. But the buyer has to make a right choice and saves its skin from the fraud dealers sitting in the market. There is a wide range of warranties being offered by the warranty-dealers. But the choice of the right warranty depends on the condition and needs of your car. The common warranties available are power train, bumper-to-bumper and competent. All these warranties offer different coverage. So, research on them and find out the best suitable warranty policy for your car.
The warranty is a rescue from the high-cost repair bills, so it’s a friend of your car in need of emergency.
Any car, whether new or used is a machine at the end of the day. You cannot rely on it when you are driving down. It can meet an unforeseen mechanical failure or breakdown at any hour of the day and that too without giving any signals or warnings.
A new car is always accompanied along with the factory warranty that provides a wide range of coverage for car damages and servicing. Similarly, once the factory warranty is over, the car owner can avail used car warranty that also offers a wide range of coverage and thereby, taking the repair and maintenance needs of your favorite and dearest car.
Those who don’t take auto warranty think they can easily maintain their car. But in a few months’ time, they come to realize the importance of the auto warranty. They realize it significance only when they incur the expensive bills of car repairs.
There are generally three types of prominent warranties that include power train, competent and bumper-to-bumper.
Hence, buying an auto warranty for your car is a must. Whether your car is new or used, it is an acceptable truth that a warranty assures relief and comfort while you are driving on the road.
Have you ever been a victim of frequent car breakdowns despite the fact that you have just recently bought a newer used car? Have you ever been sold a car that was not the same you had looked at?
In the auto industry terminology, such a car which despite so many attempts has failed to recover is called a lemon.
There are some instances when dealers sell lemon cars to innocent buyers who are then left in a state of helplessness and flux. That is why to protect buyers from such untoward instances, the lemon law was introduced.
Under this law, the dealer has to given a written statement that the car is in good working condition and if the vehicle breaks down, the dealer takes the responsibility of the coverage. There are different rules and regulations of the lemon law in different states, but the principle remains the same. It is meant to protect the rights of the buyer against the fraudulent cases of the sellers.
That is why, the car buyers are recommended to properly research on the car, whether new or used. Get the car inspected from lemon law authorities so that you are safeguarded against frauds.