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A new or used car should always be accompanied with a warranty. It is a friend of your car that helps in the hours of emergency.
The warranty that accompanies a used car is known as the used car warranty law. In some countries, it is also called ‘lemon law’. You must be wondering what is the relation between a car and a lemon. It is interesting to know that a car is called a ‘lemon’ when despite regular repairs from the dealer, the car still continues to have defects.
The car qualifies to become lemon when the car has been repaired for so many times for the same repeated defect within the warranty period and the defect still persists. Hence, we can say that lemon law is a safeguard tool for the auto warranty.
The lemon law is a clause in used car warranties that protects us from defected cars and fraudulent dealers. Under this law, the dealer has to give a written warranty explaining in details all the terms and conditions as well as coverage claimed in the warranty. Also, the lemon law or the used car warranty law states that in case the dealer is not able to repair the defects after number of attempts, then the car owner is applicable to get full refund of the car’s purchase price.
Every car whether new or old, is always accompanied with a warranty. The warranty that is accompanied with a new car from the dealer is known as a factory warranty. Under this warranty, the car owner gets coverage for repair costs if any mechanical problems were to occur during the time period or a fixed mileage. It covers areas of small repairs, such as manufacturer’s defects and parts that fail.
But what if the original factory warranty has expired? Here comes the role of the extended warranty program. The warranty which the car owner gets after the original factory warranty has expired is known as an aftermarket auto warranty. Such warranties can be purchased from the dealer, or a third-party company.
Buying the warranty should always be investigated properly. Always prefer dealing with an A+-rated company that provides you with written warranty. An extended warranty offers a wide range of services to take care of the damaged car whose original warranty expired. Under this warranty, it covers mechanical breakdowns at a low cost. It eases the stress of the car owner from the high cost bills of car repairs. So, one can sit at home and relax and forget about the costs of mechanical breakdowns of your car.
Last but not the least, there are many aftermarket warranty company that boasts of various products and services. But before giving your favorite car in someone’s hands, always carefully read and investigate the terms and conditions of the aftermarket warranties.
You’ve decided to buy a car and are slightly confused about the warranty programs that are being offered by the dealer. Well to make this really clear to you, first let me explain the types of after market warranty that you can get. There are two types of warranties, one is the factory warranty that you get when you buy a new car and the second one is called the extended warranty, which by the way is meant for you to purchase once your factory warranty expires.
Now, let us understand the claims that a customer can get within the warranty period. Claims that are under the factory warranty schemes include small repairs, dents, bents, accident repairs and other little scratch things. These factory warranties are given only for a particular period of time, say 3-5 years. Some companies also put a restriction to this by applying another clause that states, if the car travels more than certain miles then the warranty is over, even if the warranty period is not over.
Once your factory warranty expires, you must consider an extended warranty as it provides you the much needed security and satisfaction that even if your car gets damaged there is someone who will take care.
When you begin looking for your new car, you need to keep in mind the warranty offers available. A car is a manufactured product and you as a consumer have a right to a reasonable assurance on the quality of workmanship. Every car manufacturer gives you an initial warranty covering a given period of time or mileage.
New car warranty has two types of coverage. In bumper-to-bumper, all products that wear out on a consistant basis like the brakes or tires are ignored while the engine and drive train coverage is quite comprehensive. In any case, you should balance cost as well as coverage.
Factory warranties are definitely more expensive but your car would get the professional attention from factory-trained technicians. That is a big plus for new cars. But, the only catch here could be the low or limited coverage and extensive exclusion clauses. Most manufacturers like to maintain exclusivity in handling warranty repairs in order to give good service.
Third-party warranties are cheaper but have a lot of procedural hassles. Moreover, many require you to pay upfront and claim reimbursement. Also, you run the risk of losing coverage if the service provider goes out of business.
Therefore, it pays to read about the reliability of the insurance company before entering into a warranty agreement. Pay special attention to the exclusion clauses as well as the specific service requirements.
Used car buyers need to buy an auto warranty as soon as they purchase the car. Auto warranty is something which should be purchased by all car buyers. It does not matter whether you’re a used car buyer or new car buyer. A proper auto warranty can help you get your money back whenever you spend on car repairs or car maintenance.
Here are some useful tips on buying auto warranty on your used car.
- You need to know what you are buying. You need to understand the terms and conditions of the auto warranty policy before signing the final contract with the car dealer. Many times buyers unnecessarily file a complaint against the auto warranty companies because their understanding of the conditions that comprises the warranty differs from the warranty guidelines stated in the contract.
- Avoid buying auto warranty from your car dealer. The price of the warranty coverage provided by car dealers can be three times higher than the normal price. First-rate warranty companies offer a comparatively lower rate, with better service and fair clauses.
- There are many warranty companies that provide valuable services to customers. It’s all about selecting the right Used Car warranty from the right company.
When you are on the road and driving your vehicle, emergencies can occur anytime and anywhere. To bail you out in the event of an emergency is auto assistance which is available nationwide. It provides assistance in towing the car, battery service, flat tire assistance, gasoline, oil, and fluid and water delivery service. All you need to do is just take a membership from one of the hundreds of such auto assistance company.
At times of car trouble, all you need to do is just call the number of the company and the help will arrive. If the car breaks down, it can be towed to your home or to the repair facility of your choice. In case of a battery failure, the jump-start will be provided or the minor repair works will be done. In case of an emergency need of gasoline or fluids, the item will be delivered to your location. Some of these services cost extra to the customer, but it is worth it, because you never know when the emergency may arise.
The emergency auto assistance also has services like lockout and locksmith services. Maps are provided when you are traveling by road from one state to the other, along with custom trip planning. Accident coverage is provided at times, but it varies from company to company. Hotel discounts, ambulance benefit, auto theft benefit are just a few add-ons for the auto assistance.
Automakers Display Environmentally Conscious Automotive Innovation
The Washington Auto Show provided car manufacturers a chance to display their energy-conscious innovating yesterday. The theme of the show was obvious: clean, green energy control. The automobile industry continues to make progress towards more energy efficient travel and a crack down on fume pollution. Yesterday was also when President Bush spoke to the nation on energy issues.
White House officials said Bush would call on Americans to reduce gasoline consumption by up to 20 percent by 2017 through a major increase in alternative fuels and an increase in gas-mileage standards for vehicles.
Ford and DiamlerChrysler were two of the prominent automakers in appearance at the auto show.
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Purchase a Warranty You Can Bank On
Consider yourself fortunate to be an observer rather than a victim of the misfortune caused by GM’s Dex-Cool antifreeze. It is easy to stand back and be
unfazed by such an occurrence; especially if you don’t have one of the particular models mentioned parked in your garage. But what if it did happen to you? Are you going to endure the horror of going so far as dragging your vehicle manufacturer into court to debate warranty coverage?
Prevent an incident like this from getting as messy as these GM customers are experiencing. Look into an extended warranty and make sure you purchase one from a reliable company who it won’t take a court visit to drag the coverage out of. If the source of a basic, specific, or extended warranty has any history of refusal, take it as a sign and move along. There are warranty providers who would be more than happy to assist and serve you and your vehicle.
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A Warranty Adds Automobile Value
Car owners who intend to eventually sell, or even have the slightest inclination towards selling should consider the fact that an automobile warranty included in the sale is an excellent benefit for the buyer. As you drive your vehicle with the peace of mind that only warranty coverage can bring, realize that a car buyer is likely to desire the same comfort when driving the automobile they’ve purchased.
You can increase the value of the car by included those simple words “warranty coverage” in your advertising.
Even a car buyer who is looking into purchasing a warranty for their new vehicle should consider that down the road the warranty will count for sale value. The investments you make to assure coverage on your car now will become an added incentive later that will return benefits.
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Consider Your Car’s Reliability
Purchasing a vehicle can be a tremendous decision. Even the most proven makes and models have disappointed a buyer or two, or even come through a recall from the manufacturer. As a car buyer, you can rarely anticipate the reliability of the automobile exactly. Doing some research on the car’s history of reliability is important and will make a considerable difference in the endurance of the car. This can help you in the purchase of an extended warranty on the vehicle, although it should never eliminate a buyer’s decision to invest in a warranty.
Buying an extended warranty will protect the car buyer from unforeseen events. The automobile manufacturers haven’t exactly maintained pristine reputations as of late. It seems as though every time you turn around a manufacturer is making a significant mistake or is being publicized for something negative. Vehicles are costly and are entrusted with a huge responsibility every day. Putting up all the stops to guarantee a long and healthy future for your car puts new meaning to reliability.
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