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Legal benefits of the used car warranty


It is important when purchasing a used vehicle to ensure that you receive a used car warranty law, even if the used vehicle still has a valid manufacturer’s warranty. The manufacturer’s warranty is indeed beneficial to the holder in times that his vehicle may need repairs or part replacements, as long as it is still valid. But in instances of more serious car problems, it is the present dealer of the car who bears the accountability, having taking the responsibility to sell it as such.

If, for example, you have noticed problems with your recently purchased used vehicle that were not pointed out to you before the purchase by the person selling the car, then that person (who has sold you the car) must take liability for such. You could be entitled to the free repair, or if you so chose, you could opt for a full refund or replacement vehicle. On the other hand, if you did not receive a warranty, the dealer may be able to say that you were informed of these problems before the purchase and that you bear all responsibility as such seeing as you went ahead of the purchase anyhow.

Used car warranty and the used car

While one often has the unwitting tendency to think of a used car as being one that has passed through several owners and is now in a somewhat deplorable condition, used car can in fact are any vehicles that are not brand new.  Therefore, if a new car has been recently bought and resold within a few months of its initial purchase date, it would no longer be considered as a new car but in fact as a used car.  Regardless the used car still carries a valid manufacturer’s warranty or if it carries the regular used car warranty, the warranty is the used car owner’s best ally for as long as it is valid.  This is simply because the warranty provides a guarantee against defects that the used car owner may find in his car after the fact of the purchase.  And considering that the used car is in fact a used one, one would assume that it is highly more likely to be in need of repairs very often – whether it is because the former owner was careless in his or her maintenance of the vehicle, or simply because of the breakdown repairs on the used car.

Important points to note if you are interested in the aftermarket auto warranty

   

An aftermarket auto warranty has the advantages of being able to both extend the life of an existing warranty and its coverage benefits.  It is therefore commonly referred to as the extended warranty.  The aftermarket auto warranty is one that, unlike the new or used auto warranty, must be purchased from a dealer.  The good thing about this purchase however is that you are not bound to purchase the aftermarket auto warranty from the same dealer as you bought your vehicle from, nor do you have to buy the aftermarket auto warranty in the very instance that you buy your vehicle.

When purchasing your aftermarket auto warranty, it is almost always advised not to purchase it from the dealership company where you bought your car – simply because dealers usually mark up the price of the warranty to exorbitant prices at your expense.  In addition, a dealer might try to impress upon you the importance of purchasing the warranty right then and there – do not be fooled.  This is only salesman talk to try to trick your money out of your hands.  The aftermarket auto warranty is merely an extension of a warranty that you would already have; and in the instances where it is to be used exclusively as your only warranty, remember that you could purchase it for more than half the price in some instances from independent dealers or providers.

How can the aftermarket auto warranty benefit you?

The aftermarket auto warranty is a very good piece of coverage to have.  Some may find that it would be of no immediate benefit to them, but others would agree that it is the best thing they could have ever done for themselves and their vehicles.

The aftermarket auto warranty is one which offers the most flexibility than any other type of warranty.  Though it has to be purchased separately from the vehicle in question (often though final sale values reflect this inclusion), it provides such added benefits such as extended coverage either on the period of coverage, the mileage allowance of your coverage, or even the extent of your vehicle coverage itself.  For example, with the purchase of an aftermarket auto warranty you can convert a limited warranty into a fully comprehensive one; you can convert an eighteen month coverage into a thirty six month coverage, or you can even covert a ten thousand mile coverage limitation per year into a twenty thousand mile coverage per year.

Deciding whether or not the aftermarket auto warranty is for you simply depends on whether or not you stand to benefit the most from the additional types of coverage provided by the warranty.  Most people find that they do benefit from the aftermarket auto warranty in the long run.

How to make the most of your used car warranty

While the used car warranty may not be one of the most comprehensive type warranties around, and while it may only cover your car for selected repair jobs, you must agree that it is still a very beneficial asset to have.

Consider for example a situation without your used car warranty you would have had to be putting out all the money yourself for servicing, repairs and replacements of parts in your used vehicle.  But with the used car warranty, even though for a large part you have to put out quite a lot of money from your own pockets, you can be assured that you would not be putting out the entire amount. 

The used car warranty usually provides selected coverage on specified parts of your car.  Therefore when a part other than that covered needs repairing or replacing, you must stand the cost yourself.  You would stand to benefit somewhat though whenever that part covered by your warranty needs repair or replacing – in such circumstances you do not have to fork out the cash yourself.  When purchasing a used car therefore, consider the used car warranty carefully and decide if the coverage you are getting is worth your while or not – if you can get the warranty to cover the parts of the car that are most expensive to repair and fix, then the better off it is for you.

Tricks of the trade as it relates to the used car warranty

Although the used car warranty is one that should be automatically transferred along with the sale of the used car, often times the person buying the used car ends up with no warranty coverage at all. This may be due to the fact that the car purchase transaction may have been a private affair or that the person buying the vehicle is ignorant of the facts of the sale and gives the car dealer opportunity to take advantage of the situation.

All used car dealers are authorized to provide warranty coverage for the used car being sold to the unsuspecting buyer. The problem is that not many people are aware of this and they fall into the ‘as is’ trap. While the used car dealer is bound by law to include a used car warranty in any sale transaction of a used car that he may be involved in, he can get around the red tape by clearly stating upon the purchase of the vehicle that it is sold as is. Even if he does not take the time to explain any of this to you, so long as you agree to the purchase of the used vehicle which is advertised to be sold ‘as is’, you automatically forfeit all rights to hold that dealer accountable for a bad vehicle that he may have sold you.

How the aftermarket auto warranty could benefit you

I think the aftermarket auto warranty was an ingenious idea.  Imagine now that you do not have to settle for the warranty coverage your car dealer offers you with your vehicle purchase.  I could upgrade my warranty coverage, so to speak, by simply buying an aftermarket auto warranty with the coverage that I did not have before.  In fact, now I can turn my basic limited warranty coverage package for my car into a fully comprehensive one! 

And in addition to being able to extend the coverage on my vehicle, I am also able to extend the warranty life of my coverage in general by purchasing the aftermarket auto warranty!  Now it is quite true that if my car warranty is due to expire in a couple of months that it will expire.  But by purchasing an aftermarket auto warranty while my existing warranty is valid, I am able to ensure that my vehicle coverage is constant – that as soon as one becomes void the other ‘kicks in’ so to speak! 

Purchasing an aftermarket auto warranty would also allow me the benefit of extending the mileage coverage of my vehicle.  Some aftermarket warranties do in fact allow mileage coverage of up to one hundred thousand miles – of course though that is dependent on the condition of your vehicle at the time of the purchase.

Saving money with the used car warranty

 

The used car warranty should definitely be among those important pieces of papers that should be carried at all times when driving.  You might wonder why I say this; after all, it is not as important as the car insurance.  Wrong – the used car warranty is in fact one of the more beneficial services that the used car owner can have.

While the car insurance is beneficial for coverage in times when something beyond your control occurs (like fire, theft or accident), the warranty is good for simply those times when you need basic maintenance or repairs.  The major difference between the coverage provided by these two documents is the major reason why the used car warranty is often disregarded or taken for granted. 

But consider carefully that the used car is often in need of maintenance and service repairs.  Consider that you are more likely to experience a breakdown with your used car than you are to get into an accident or to have someone steal your used car.  Consider now the cost of repairing and maintaining your used car on a monthly or yearly basis, and consider now whether or not the used car warranty is as valuable an asset as I think it is.

Got a Lemon?


Warranty is a service offered by the vehicle dealer that includes repair and maintenance of the vehicle for a duration prescribed under the agreement. As per the agreement, the dealer will be responsible for repairs and maintenance of the power train, drive train, brake mechanism and steering system. But the agreement does not cover the replacement of expensive spare parts. Besides, some warranties do not apply if the vehicle is involved in an accident. There are two categories of warranty. The new car warranty is issued to brand new vehicles delivered from showrooms. The used car warranty is issued to cars sold in the aftermarket period or pre-owned cars.

There are possibilities of fraudulent used car warranties being offered to the car owners.  To protect car owners against used car warranty fraud, the US government has evolved a special law. It is also know as lemon law. If you are offered a fraudulent used car warranty, you can seek protection under the lemon law.
Review at least 10 different warranty offers before finalizing one. This is necessary to eliminate the chances of fraudulent used car warranty.  Do not opt for warranty, which has fancy features. Settle for a short duration warranty.

More about the aftermarket auto warranty

 

The aftermarket auto warranty, also known as the extended auto warranty, is simply that warranty which provides extra or additional warranty coverage to a vehicle with an existing warranty.  It may also be used to provide warranty coverage for the vehicle without any current warranty coverage.

The aftermarket auto warranty, also likened to a service warranty, is one that must be purchased separately from the vehicle during purchasing transactions.  It may or may not be purchased simultaneously with the vehicle however, and it can be purchased from any other dealer or provider for a stipulated period after the purchase of the vehicle and still be able to provide coverage for the vehicle during the time lapse between the two purchases.
The aftermarket auto warranty may be able to extend the coverage on a vehicle whose existing warranty coverage is due to expire soon, or it may be able to extend the terms of the coverage such that a limited warranty coverage may be converted into a fully comprehensive coverage.  Likewise, it may be able to extend the mileage coverage on a vehicle.  For the vehicle without any warranty coverage, it can be selected to provide any type of coverage that the vehicle owner may desire.



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