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A new law that took place last week in Minnesota requires a higher standard to dealerships selling vehicles advertised as “certified†used cars.
In the past, a dealer might be able to explain certified many different ways, possibly withholding history or damage towards the vehicle. Under the new used car warranty law that is part of a “car owners’ bill of rights†passed last spring, state law requires, among other things, all certified used cars must go through a thorough inspection. All sales must include an auto warranty whether by the dealership or one of the many quality aftermarket auto warranty companies…
Besides defining “certified,†dealers now must make over 40-disclosure statements including whether a credit report was done in determining their ability to pay off their loan. These new requirements help restore a new car buyer’s faith in making their purchase.
Regardless of whether the vehicle is certified or not, used car warranties should be an essential part of any purchase.
There is no doubt about it, vehicles are lasting longer these days. For instance industry representatives point out that in 2000 just over 28 percent of 15 year old vehicles are still on the road. In 2007, that number jumped to about 45 percent. This means there is a very good chance that most vehicles will be on the road far past their new car warranty.
The need for a good used car warranty is now far more likely. There are numerous aftermarket auto warranty companies offering solid auto warranty options.
Perhaps at some point in the future auto manufacturers will catch up with the trend.
Sometimes I think there is no such thing as a good new car warranty.Â
 I had a new Ford Thunderbird and just prior to the manufacturer’s warranty expiration it was missing on one cylinder, apparently because the ignition coils failed. After some arguing, Ford issued a warranty extension for just this issue. Shortly thereafter, while on a trip I had to take the car to Ford dealership in Miami, they told me they were going to have to replace the throttle body, flush the injectors, and reprogram the computer (which had already been done). It was then that I was told the bill would be $1098.00 because this was not covered.Â
It was then that I decided to look into an extended auto warranty. I looked at some extended auto warranty plans and decided to contact Auto Advantage. I was able to purchase a used car warranty at a rate far less that the dealership was able to offer.Â
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Many people don’t know how to select motor oil that will get them optimum performance levels from their vehicles. People usually simply select the oil their parents used or they take the suggestion of a counter person at an auto parts store. There are many differences in motor oils and choosing the right one can have an impact on how well your vehicle runs. Selecting the right oil is a quick, cheap way to improve your vehicle’s performance.  Regardless of what type of oil you use, whether you have a new car or a used car you are still eventually going to face a major repair bill sooner or later. That is why an auto warranty is a necessity. A new car warranty or a used car warranty can provide its owner with peace of mind. When auto repairs are necessary, the owners are protected from the high cost of automobile repairs.Â
Two components determine how well motor oil will perform in your car. One factor is the base oil, and the other is the combination of chemicals (additives) that are added to the base oil. The two primary types of base oils used are mineral and synthetic. Mineral oils are by-products of refined crude oil. Refining helps reduce the impurities but leaves molecules of all shapes and sizes. Synthetic oils are manmade compounds whose molecules are all the same size and shape; consequently, synthetic oil has less friction and performs significantly better than mineral oils.
A Used Car Warranty is a guarantee given to the customer who buys a used car. Many do not know about the Used Car Warranty and even if they do know about these warranties they have very less knowledge about the things that are to be considered while buying a warranty. Just while you are buying a new car a warranty is given to you by default in the same way when you are buying a used car from a reputed dealer. You will get the used car warranty and it is the responsibility of the dealer to provide a warranty with minimum mileage coverage and services as per law.
But a used car warranty is a bit different from new car warranty it does not cover those many miles like the new warranty and the period of validity is also a bit low. These all factors depend on the condition of the car, number of miles driven by the car and on the brand of the car. A used car warranty is important in case your car might cause some problem on the very next day of buying and you are forced to pay for all those repairs.
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For those who are interested in owning a car or any four-wheel drive but can’t afford to go in for a new one, they can always buy a used car. But the key point to be noted here is that the manufacturer must follow the used car warranty law and do the needful. This will also help the buyer in case of any failures or problems with the vehicle as the manufacturer is liable to service the same. Once the legal documents have been filed and completed, make sure to carry a copy of the same at all times. The warranty is basically a way of getting free repairs for a certain period of time from the date of purchase.
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In case the dealer or the person from whom you are buying the car does not follow the used car warranty laws, you can take them to court. This law has been laid down for the benefit of the buyers, to protect them any kind of fraud and against any issues that might arise due to previous owner’s fault. Any mechanical faults arising in the car will be the responsibility of the manufacturer and he need to fix them.
Once a person decides to get his own vehicle, the first option is a four-wheel drive, and it’s not always that they have enough funding for a new car. At times like this used cars are the best alternative as the buyer gets to choose from a range of cars in good running condition. Not only this but the dealers need to abide by the used car warranty law and provide the necessary documents on sale. Warranty is a document entitling the buyer to get free repair or service or replacement for the product purchased within a stipulated period. This time varies with companies but it gives a reassurance to the buyer that he can get the repair done free of cost during initial years.
The used car warranty law also referred to as the Lemon law is specifically for coverage of any fault in the mechanical or engine related defects. The dealer therefore needs to adhere to this law and do repair free of cost and if he refuses, the buyer can take legal action against him. It is important that customers hold a copy of the law document to be aware of what they are eligible for.
When the decision has been made to purchase a car, be it a new one or a used car, there are certain formalities to be completed and paper work to be filed. The most essential of it all is to approach the kind of place for the purchase. This will ensure that the quality of cars on display is good, and the papers are all in order. The used car warranty law is applicable during such transactions to protect the interest of the buyers. One way is to approach a car dealer and look around the lot for that car of your choice, another alternative being to spread the word around among friends and colleagues. The former is used as the time factor is lesser and exchange is carried out by a reputed agent.
While talking about used car warranty law, the registration document of the vehicle should be transferred to the new buyer. The manufacturers warranty will still be in effect in some cases and there in a coverage fee might have to be paid by the buyer. At times the seller or agent might be willing to take on that charge, which makes it easy for the buyer.
Having a used car warranty has a lot of advantages for vehicle owners. Cars do require more repairs and replacements with increased usage and while a used car warranty will not cover all the costs that you might incur, it will still save you from shelling out as much money as you would end up paying if you do not have a warranty of any sort.
However, as far as used car warranties are concerned, it is not a one size fits all scene, and it is important that you keep the following points in mind in order to get the best warranty for your car:
- What is covered by the warranty? Is it a bumper to bumper warranty, powertrain, component or other kind of warranty? Is it enough for your needs or do you need a more comprehensive coverage?
- The reputation of the company and how it works. There are a number of companies which are in the market solely for making money. Make sure that you do not get caught in their trap.
- Do not take the first deal that you get. It is advised that you get as many quotes as possible and do some comparison shopping before buying a used car warranty.
Having a used car warranty is more important than having any kind of warranty on a new car because like all machines, your car will also start developing problems with increase in age and usage. While a new car would hardly ask for repairs or replacements, they would become a regular feature of car care as your car crosses the age of three. Therefore, it is not only important that you buy a warranty for your used car, but that you get one after careful consideration.
One of the most important things to consider before buying a used car warranty is the coverage that the warranty provides. Check out what is covered and what is not covered in your warranty. Buying a cheap warranty and then paying for everything out of your pocket hardly makes sense, does it? Buy a costlier warranty but one that covers all the components that might require repair or replacement. While warranties that cover wear and tear related repairs are very costly, you should at least buy a warranty that covers the power train and components. Getting a bumper to bumper warranty for you used car is a good idea, since you might be required to replace or repair a number of components in an old car.