Tag Archive
It is always better to know the rules and regulations before opting for an appropriate used car warranty package. In the US, the used car warranty law varies from state to state. However, there are some common features across all states to ensure that vehicle owners are not duped by fraudulent used car warranty.
As per rules, no used car dealer can sell the vehicle without issuing the warranty to the car owner. In case, such transactions are executed without the knowledge of the used car buyer, the dealer can be taken to a court of law for deviating from the set procedures and norms. Also, the dealer should give the used car buyer the flexibility to choose an used car warranty of his / her choice. The dealer cannot force the car buyer to buy specific used car warranty.
Used car buyers should also insist on a wide range of warranties before finalizing any package. Make sure that the used car warranty package covers main aspects like power train, drive train, engine, break mechanism and steering system. There are possibilities of fraudulent used car warranty being passed on to the car buyers. Always, check the authenticity of the warranty by judging the testimonials of the firm issuing it.
Â
When buying a new car it is essential to consider the new car warranty and its packages. New car warranty protects your finance in the event of auto recalls by the leading auto manufactures while also covering any defects or problems that can arise when you least expect!
Car manufacturers usually provide the first warranty that is included in the original price of a purchased vehicle. The warranties issued are usually based on the condition of the car. To obtain the best new car warranty you must understand the items being covered and your liabilities if buying a car with the prospective company. Their level of roadside assistance measures really good warranties.
Warranty information should be available in the owner’s manual that comes with the car. Sometimes it is advised that you obtain a new car warranty from a warranty company as compared to the car dealer, although many warranty companies offer warranty contracts to the car dealers. Customers are usually advised to read the warranty documents carefully because information can often be misleading. Always try dealing with a reputable warranty company that issues a fair new car warranty policy at a fair price.
Â
If you have recently purchased a vehicle, you may have been faced with the question of purchasing an extended warranty. Whether or not you need an extended warranty would depend heavily on the intended purpose for which you have purchased the vehicle. Basically, an extended warranty is a service contract that agrees to cover auto repairs and maintenance within the cost of the warranty for a certain time frame only. Once you decide on the purchase of an extended warranty however, you must decide if you want the manufacturer’s warranty, or an aftermarket auto warranty.
The aftermarket auto warranty is a warranty contract issued and honored by a service dealer other than the manufacturer’s authorized dealers. Aftermarket auto warranties are cheap and can be purchased for both new and used cars while manufacturer’s warranties are expensive and mostly cover new cars. Also, an aftermarket auto warranty can only be honored by the issuing service provider, meaning that your vehicle must be taken to the same place for servicing or repairs as where you bought the warranty. Another risk with purchasing an aftermarket auto warranty as opposed to a manufacturer’s warranty is the financial stability of the company that you are purchasing the warranty from – will they be able to honor the contract at all times?
Most people who invest in used cars do so because they cannot afford the short-term costs of a new car. But most often overlooked when buying a used car are the long-term costs associated with the maintenance of the vehicle. Consider carefully your options when shopping for a new and used car, and pay special attention to the difference in a new car warranty versus a used car warranty. Having a great warranty program can help save you money.
Â
While a new car provides one with hassle-free maintenance for the first few years, a used car requires maintenance from the day it is bought. A major factor to consider in a car’s maintenance is its warranty. New cars come with factory warranties, which cover the wear and tear for most purposes, while the option of extended warranties are applicable to most, if not all, new car purchases. On the other hand, a used car warranty does not offer the options of extended warranties nor does it cover extended periods of time (these are short term warranties only). So while a used car might be warranted to cover a period of six months after ownership transfer, it is most likely that the car would have been maintained so that problems only begin to arise after nine months of usage. Unfortunately then, it is the owner of the car to face the expenses, as warranties are no longer valid – as opposed to a new car warranty.
When you purchase a new vehicle you need to be sure that you are getting top of the line new car warranty to go with it. A new car warranty covers and protects you from any manufacturer’s flaws or defects, and eases the financial burden of any unforeseen incidents, which can happen to your new vehicle.Â
Â
There are many things to consider when buying a new car, and probably most overlooked is a new car warranty. But do not be mistaken – all vehicles are not created equal and defects or problems do arise when you least expect or when you can least afford them. While some warranties only cover non-wear items and are valid for limited time periods, others cover repairs for much longer period – even up to 10 years. Imagine the difference a 10-year warranty could have on your pockets as opposed to a two-year warranty!Â
Â
It is also important to understand the type of warranty that you are getting when you buy a new car with a warranty. For just as surely as all new cars are not created equally, similarly all warranties are not the same, consequently total coverage will also not be the same. New car warranties can be limited simply to bumper-to-bumper warranties (which mean that you are guaranteed for everything except the wear items in your new car), or power-train warranties (which mean that all parts that make your car move are covered)
When you purchase a new vehicle you need to be sure that you are getting a top of the line new car warranty to go with it. A new car warranty covers and protects you from any manufacturer’s flaws or defects, and eases the financial burden of any unforeseen incidents, which can happen to your new vehicle.Â
Â
There are many things to consider when buying a new car, and probably the most overlooked is a new car warranty. But do not be mistaken – all vehicles are not created equal and defects or problems do arise when you least expect or when you can least afford them. While some warranties only cover non-wear items and are valid for limited time periods, others cover repairs for a much longer period – even up to 10 years. Imagine the difference a 10-year warranty could have on your pockets as opposed to a two-year warranty!Â
Â
It is also important to understand the type of warranty that you are getting when you buy a new car with a warranty. For just as surely as all new cars are not created equally, similarly all warranties are not the same, hence total coverage will also not be the same. New car warranties can be limited simply to a bumper-to-bumper warranty (which means that you are guaranteed for everything except the wear items in your new car), or power-train warranties (which mean that all parts that make your car move are covered).
Being a former consumer investigative reporter I was always asked by people about guarantees and warranties. Back in the 60’s, products didn’t have these guarantees and there was no need to as they were of good quality. Now a day’s all guarantees should be carefully reviewed.
Â
With the increase of foreign manufacturers, most products have a small asterisk saying conditions apply. The manufacturers and stores have today joined to provide the extended guarantee with the product guarantee for usually no more than 90 days. Shopping for a product with longest guarantee is always a good buy.
Â
For high ticket items like cars or computers the extra guarantee service is highly beneficial. Especially when you choose to shop on eBay, the extra guarantee from the power seller is worth the price. Always check for consumer feedback online and in blogs. And as more people are gaining awareness the manufacturers also have made necessary changes. In the near future they might even give you a lifetime guarantee or at least a one year guarantee.
Picture this, you’ve decided, picked, and negotiated with a salesman for the car of your dreams. Now you are thinking of closing the deal since you think that you are going to get the car on a bargain. Wanting to close the deal as soon as possible you follow the salesman to an office where you agree to the terms, but then he turns to you and tries to sell you additional insurance, undercoating, and other parts or services. This is where your good deal turns sour. Most people agree on the overpriced extras because of various reasons, in this case you are thinking that you’re getting a good bargain and a little extra won’t hurt. Other cases are some people are already tired of the processes of researching, deciding, finding which car they would choose so they agree over a little extra to get the deal close as soon as possible.
 Little do they know that these extras are often overpriced, and that’s where the dealer is able to make more profit since the profit of selling car is not as much since they’ve already lowered priced to get you to the dealership. These days a salesman is considered lucky to sell a $30,000 car with $500 profit.
Get yourself educated of these extras, pick one that you need and moreover if you think the extras are overpriced don’t hesitate to reject it. Be an educated and smart buyer. Last but not the least; be sure to look out for the new car auto warranty that comes with the car.
Nowadays many people go for used car, as it suits their budget. An important aspect that should be kept in mind while buying a used car is to check the warranty coverage of the vehicle. The warranty offered for used cars is known as a used car warranty. It is the car owner’s safeguard against paying for any future mechanical failures and breakdowns.
Used car warranty is different from other warranty in the sense that it comes along with lemon law. The law states that if a car has repeated breakdown then the warranty provider is liable to refund the purchase price of the vehicle. However, when car owner’s purchases the used car warranty, they should make sure about the terms and conditions before accepting the deal. This is because with the growth in the auto industry, there are many companies’ offering used car warranties. Hence the chance of falling trap to fraudulent deals is increasing. So, the call is for the buyer to check and ensure that the terms are well understood and suits the specific requirements or not. A used car warranty is a must for any person who is buying a pre-owned vehicle.
An automotive warranty is a type of insurance coverage that is offered to car owners as an assurance against mechanical failures of the car. Warranties are provided for both new and used cars. However, the warranty offered on new cars is called a “new car warranty†and is given by a manufacturer to a car owner at the time of vehicle purchase.
Under the warranty program, it is declared that a vehicle being sold by a manufacturer is free from all kind of defects. In the event of a mechanical breakdown, the manufacturer is liable to repair the problems without charging the car owner for any expenses.
A new car warranty is further divided into two categories, namely a general warranty and power train warranty. A general warranty is also known as bumper-to-bumper and is usually for three years or offered for a distance of 36,000 miles, whichever is earlier. On the other hand, a power train warranty extends for a longer duration and covers the wheels and engine also.
A person needs to be cautious while choosing a warranty. First, it should meet the owner’s requirements and secondly all the documents should be read carefully to avoid any misconception.