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What you should know about used car warranties

Many used car vehicle owners fail to understand the benefits of a used car warranty simply because many are not aware that they are entitled to one when buying a used car from a dealer.  Many people are in fact not aware that they can get a used car warranty, and many assume indeed that the used car often enough does not come with warranty coverage simply because it is a used car.

On the contrary however, many states insist that used cars be sold with a buyer’s guide that stipulates full details on the warranty coverage provided with the car.  The types of used car warranties vary, so that the unsuspecting individual purchasing the car must be wary of the type of coverage that he or she is getting.

Most used car warranties are limited, offering coverage to only the most basic parts of the vehicle.  It is very rare to find used cars being sold with fully comprehensive warranties unless it is in fact a used new car – that is to say, if the manufacturers warranty is still valid then it may or may not be directly transferable to the new vehicle owner.

Responsible information about used car warranties


When purchasing a used car, it is often quite easy to overlook the importance of the used car warranty.  This is because a lot of people are under the impression that only brand new cars are entitled to warranties, so they do not ask questions and the persons or dealers selling the used car do not offer answers.

On the contrary though, it is often the law to have at least minimum coverage for the used car, and it is the responsibility of the person or dealer selling the car to provide this used car warranty coverage to you.  Often they do so but fail to inform the inexperienced person purchasing the used car that they automatically have warranty coverage and what having used car warranty coverage would mean to the vehicle owner.
The used car warranty can come with a variety of features which would find variations in both coverage type and mileage coverage.  Most used cars only get mileage coverage for about fifty thousand miles, but some used car warranties allow up to one hundred thousand mile coverage based on the type of vehicle and its present condition.  Other warranties provide coverage for all the parts of the car that easily wear and tear, while others still would provide coverage for breakdown repairs.

Age taboos and its relation to the used car warranty

A used car warranty is the warranty which provides coverage for auto vehicles that are considered used.  Many people think of a used car as being one which is battered and old and has passed from owner to owner in an attempt to find a resting home, but a used car is indeed one that has been used at some point or another – not necessarily transferred to more than one owner or not necessarily old and battered.  In fact, most used cars sold by auto dealers are in fact new cars that may have only been driven a few miles and returned for one reason or another.

The used car warranty covers the used vehicle as long as it meets certain requirements, which would deem it as being safe and fit for the road.  One of the criteria as judging the safety of a vehicle is its age.  A vehicle’s age is not only measured by the registration number of the vehicle, but also by its mileage meter.  If a vehicle is more than ten years old or has been used over fifty thousand miles, then getting a used car warranty would be very difficult because you vehicle would have moved out of the acceptable age limit for safe coverage. 

Making the most of your repairs with a used car warranty


Investing in a used car is often not much of an issue with the average person who cannot afford anything but the used car. Not many appreciate just how risky the used car purchase can be. The used car is one that has been through the hands of one or more prior owners, and you have no way of identifying just how badly abused it was. Many people would replace the really worn parts of the car or apply shinny paint jobs to the body to make it look good, but truth is you will not know the real condition of your used car until you have driven it for a week or more yourself. I know because I speak from experience. Thankfully though my used car purchase included a used car warranty in the purchase agreement, so I was not completely out of sorts when I had to carry out maintenance repairs on my car within the first month of its purchase (on top of the loan that I was already paying for this car).

My used car warranty was a limited warranty (it still covered my maintenance though). Used car warranties can also provide full coverage for your used car, or they may be unwritten warranties which are implicitly implied in some states.

More about car warranties

Everyone should have a car warranty. It is the guarantee from the provider that if your car ever need repairs they would cover the cost of the repairs or at least provide re-imbursement. Auto warranties however are not so simple or straight forward. There are a lot of paperwork involved and contracts to agree upon and clauses to verify and confirm.

Of all the car warranties that you can get for your car, the new car warranty is probably the most simple. This car warranty is automatically issued by the authorized car dealer or the manufacturer, and usually provides coverage for both breakdown repairs and wear and tear repairs, that’s something most people do not differentiate between.
Used car warranties are probably the trickiest out of all the warranties that you would ever have for a car. In most instances, these warranties may not cover both breakdown and wear and tear repairs, or they may have limited coverage that you would need to ask about. In addition, the manufacturer’s warranty may still be valid on some used cars. This coverage would sometimes be automatically transferred to the new owner with the sale, but sometimes you may have to pay extra for this.

Know lemon law


Warranty is a service rendered by the vehicle dealer in association with a local firm towards the maintenance of the car or any vehicle. Usually, a warranty is considered as the life insurance of a vehicle.

What the warranty basically does is takes care of the repair and maintenance costs of the vehicle for a particular period of time in case it suffers a breakdown. The warranty covers repairs relating to the drive train, power train, steering system, and engine However, it does not cover the cost relating to the replacement of defective spare parts.

Once the car is placed in the ‘used car market’, the warranty is no longer valuable after its original period expires. While purchasing a used car, make sure that the warranty has not expired. According to the rules, a dealer cannot sell a used car without issuing a fresh warranty.

There have been instances of fraudulent warranties being issued to owners of used cars. Such actions are liable for punishment. The Used car law is also known as the lemon law because of its flexibility. The used car law differs from state to state. However, one common feature to the used car law in all the states is the protection offered to the car buyers.

At the time of purchasing the used car, a customer can exercise his or her right to purchase a warranty of his or her choice.

Aftermarmet Warranty

Aftermarket auto warranty refers to the warranty extended by any company to the car once the original warranty expires.

Original warranty is offered by the car dealer in association with a company. Usually, the original warranty is for a period of 36 months or for a fair distance covered by the vehicle. The original warranty is useful to the car owner in event of a mechanical failure, repairs or defects. However, the original warranty ceases once the expiry period is over.

This is where the aftermarket auto warranty becomes useful. The aftermarket auto warranty covers almost all the features offered in original auto warranty. It is offered for periods ranging from three months to 13 years or 3,000 miles onwards.

It is advisable to choose an aftermarket auto warranty since the benefits are immense. The aftermarket auto warranty takes care of all repairs and maintenance issues for an extended period of time. It is better if vehicle owners opt for lifetime aftermarket auto warranties. The benefits under a lifetime aftermarket auto warranty are greater. Roadside assistance, fuel delivery and towing benefits are part of the offer.

Most of the companies offering an original warranty also offer aftermarket auto warranties. Be sure to look over all the details before finalizing a suitable aftermarket auto warranty.

Get the real value

We tend to strain our budget while buying a used car. So, it is necessary to keep a few things in mind while purchasing a used car from an individual seller. One should be as careful with buying a used car as if they with purchasing a house.

 

Precaution will guarantee that you are not cheated against buying a car that could be a financial nightmare. Proper terms and conditions should be read, as well as guidelines should be followed before the payment for the purchase is made. It should be checked that the used car fulfills all your requirements and maintains its resale value.

 

Always check that the car suits your expectations from its outer appearance and inner machineries. A car that has been declared as trash by some agencies and now rebuilt should not be considered at all. The authenticity of the registration plate, engine number and vehicle identification number should be ensured by checking the registration papers, log books and owner purchase papers. Make sure there are no signs of rust and repair on its body. The base of the car from underneath should be straight and clean. It would be ideal to have a mechanic check the engine and other mechanical parts. Make sure that the interior is clean and is not damaged in any manner.

 

LITTLE VIGILANCE- LOADS OF MONEY SAVED

A warranty is an promise by one party to the other assuring the quality of merchandise or services provided. In case of breach of the contract the other party can take legal action or has the right to claim the repair charges or return the merchandise if it does not meet out the standards as stated by the company.

With the increase in the prices of the new cars, people tend to choose a used vehicle. A used car is also generally termed as a pre-owned car. If bought, it necessitates a used car warranty.  It provides us with a service warranty for the repair costs, which increases with the age of the vehicle. Thus, it saves us from the regular repair bills.

Buying warranty from the dealer is expensive when compared with the external companies, which provide such types of coverage. For purchasing a used car warranty, the owner of the car must fulfill certain necessary clauses such as pay a certain pre-decided amount, signing an undertaking that the vehicle is not more than six year old and the vehicle will be used only for personal purposes.  The warranty selection has to be made carefully as to see which warranty provides the best deal for you. Buying a used car warranty can become a tedious job, as there are lot many companies providing such kind of services. Buy a used car warranty can ensure you peace of mind.

Protect Your Used Car

Used car warranty is a warranty program that is provided by various companies. It is also known as an extended warranty and it starts once the factory warranty expires. This warranty scheme should not be confused with insurance schemes, as they are completely different from each other.
If a customer wants a used car warranty, all they have to do is contact a warranty company and sign a contract that guarantees all the repair costs that are specifically mentioned in the contract. The plans are provided solely on the needs of the customer, and it all depends on the customer to include a particular damage type in the agreement or not.
Some of the common repairs that are usually in the contract for the used car warranty are the mechanical breakdowns, wear-and-tear of the automobile’s body, seals and gaskets and the damage caused by overheating. For those customers who need an unlimited cover there are plans for unlimited amount of repair, but the premium is usually high in that case. Some used car warranty programs provide the customer with free emergency roadside assistance until the warranty doesn’t expire. Yet, some companies also provide $100 towing benefits and car rental and travel expense reimbursement.



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