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A car warranty refers to the repair and maintenance service provided by the car dealer in association with a third party vendor. The warranty will be applicable for a specified period of time from the date of sale of the car. Warranty can be renewed or changed as per the wish of the car owner. Used car warranty refers to warranty issued to pre-owned cars. When compared to a new car warranty, a used car warranty is slightly more expensive.
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While purchasing a used car warranty, review at least five different offers from third party vendors. It is important to review the warranty offers since fraudulent offers might be in circulation. The fraudulent warranties offer services promised that are never delivered to the car owner. Beware of such fraudulent offers. Car owners have the right to pull the dealer and the third party vendor to court in the case of fraudulent offers. Car owners are protected against fraud under the US federal law, which is popularly known as the lemon law.
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While selecting a used car warranty, it is advisable to opt for a short duration warranty initially. This gives you an opportunity to evaluate the services of the warranty. If you are not satisfied with the service, you always have the freedom of changing the warranty.
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A car warranty is a deed executed by the vehicle dealer to repair and maintain the car for a particular period of time from the date of its sale. With a car warranty, there are two categories. They are called a new car warranty and aftermarket auto warranty. While a new car warranty refers to warranty issued to new cars, aftermarket auto warranty refers to warranty issued to a used car or pre-owned cars.
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A new car warranty is offered on the basis of two factors. The first factor is the time and the second factor is the mileage. You can opt for a warranty between three months and three years from the date of sale. You can also opt for the warranty between 3,000 miles to 30,000 miles covered by the car.
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The new car warranty takes care of the vehicle’s engine, power train, drive train, brake mechanism and power system. The warranty comes for a price with a premium to be paid as per the service provider’s specifications. Opt for a flexible warranty since it gives the car owner the freedom to change the service provider if the offer is dissatisfactory. Review at least five different warranties from different service providers before settling on one.
Auto warranty refers to after sales service promised by the dealer at the time of delivering the vehicle to the owner. Warranty takes care of the repair and maintenance cost of the vehicle for a particular period of time from the date of its sale. However, the warranty does not cover the replacement of expensive spare parts. With an auto warranty, there are two categories, a new auto warranty and an aftermarket auto warranty.
A new warranty refers to an auto warranty issued to brand new cars released from the showroom. Aftermarket auto warranty refers to the auto warranty issued to used cars or pre-owned cars. As per US law, all dealers of used cars have to issue an aftermarket auto warranty to the car buyer. Violating this law could end in penalty. Therefore, always insist on an aftermarket warranty while purchasing a used car.
The aftermarket auto warranty offers come in two categories. One category is defined on the basis of the mileage of the car. For instance, the warranty can be offered up to 3,000 miles or 30,000 miles covered by the car. The second category depends on the time period of the car. From the date of the sale of the car, the warranty period can be up to three months or three years. It is up to the car owner to choose either of the two categories of aftermarket auto warranty.
Many people, especially the more inexperienced ones, often tend to misinterpret the used car warranty as being the equivalent of the extended warranty.  Â
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This is primarily because many used cars are not able to qualify directly for the used car warranty, and thus the owners settle for an extended warranty (a warranty which supplements or replaces the need for a new or used car warranty). The reasons that most used cars do not qualify for the used car warranty may be one of two – either the car has been used beyond the coverable mileage allowance (usually between fifty thousand miles and one hundred thousand miles for most vehicles) or it is beyond the coverage age of the vehicle (normally vehicles older than ten years do not qualify for warranties).Â
But another reason pervades as to why many inexperienced used car buyers are so unaware about the difference between the different types of warranties, and this has to do with the fact that not many used vehicles are in fact sold with used car warranties. While the law in most countries and states do specify that all used cars must be sold with warranties, this is often overlooked by the agreement to sell or purchase the vehicle ‘as is’. Sadly, the inexperienced person does not know that by agreeing to an ‘as is’ purchase that he has just released all rights to claims and assistance for maintenance of his used car.Â
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The popularity of the aftermarket auto warranty has grown mainly because of more and more people are buying used cars which do not come with a warranty. The aftermarket auto warranty, also known as the extended auto warranty, is a type of contract service (you pay for this warranty coverage as opposed to any other type of warranty that you are entitled to with the purchase of a vehicle) which is often used in combination with either the manufacturer’s warranty or the used car warranty to provide additional coverage for the vehicle in question.Â
Usually additional coverage is not required for the new car which is fully covered by its manufacturer’s warranty. In exceptional circumstances however, the owner may decide that he wants his coverage to be extended for a certain amount of years or miles after that allocated with his manufacturer’s warranty. In such a case, he opts for the aftermarket auto warranty to extend the warranty coverage.Â
With the used car, an aftermarket auto warranty is much more desirable since only limited coverage and mileage allowance are allotted per warranty. With the aftermarket auto warranty, the vehicle owner can benefit from additional coverage for his vehicle according to his warranty contract. With the used vehicle that has no coverage at all, even the aftermarket auto warranty can be used to provide limited coverage.Â
When you purchase a used car, the dealer offers you a warranty for your car. You have to see to it that the warranty is not more expensive than what other companies offer. In case there are other companies and dealers who are offering better deals for your used car you can always reject the offer of the seller. It is better to know the essential things to be covered in a used car warranty. It is possible that the dealer may offer you a costlier deal. The used car warranty extends for a certain period of time, which is usually a short period of thirty days or may extend up to a year. There are various plans from which you can select.
The important parts that should be covered in a used car warranty are the heating and the cooling devices and transmission. Some of the used car warranty providers also provide roadside assistance for you. In the case that you have a car breakdown they assist you to restart your car. All these also have to be checked with the dealers and the best deal has to be selected. You should always check with many dealers and companies before selecting the best dealer for the warranty of our car.
When one purchases a brand new car, one gets a fresh new car warranty. This is a warranty which is provided by the manufacturer of the car ensuring good quality and after sale service of the warranted parts and fixtures. However after a certain period this warranty expires. The warranty that one can opt for after this original warranty is called the Aftermarket Auto Warranty. It is always desirable to have a warranty for your car as this will help you to get compensation for any defects that may arise in your car. You always have to plan for the losses that come unwarranted and without any notice. Just as we insure ourselves for various contingencies in life, our car also needs some kind of coverage.
An aftermarket auto warranty ensures that in the case of a breakdown or wear and tear of any of the car parts you will be compensated for the loss arising out of such situations. The warranty usually covers most parts of the cars. You have to select from a variety of companies and dealers that offer you aftermarket auto warranty for your car. The direct dealers are expensive but ensure fast repayment of your deals. There are many terms and conditions that need to be checked before dealing with such a warranty and it is advisable you read the terms and conditions carefully. A warranty provides you with the required financial compensation in case of a car breakdown. It is a smart idea to get such a warranty as soon as possible.
When you buy a new car the manufacturer gives you a warranty for various parts of the cars. The new car warranty covers 3 years or 36,000 miles whichever is earlier. By giving the warranty the manufacturer guarantees that you do not have to shell money out of your pocket on the repairs. You can be sit back, relax, and enjoy the comforts of your new car. You can easily get compensation from your car manufacturer incase of a car breakdown due to engine or any other part failure in the first three years. Some car dealers provide a warranty for a shorter period of ninety days or less.
The new car warranty may cover all the parts of the new car. In case of a defect in any of the parts the dealer who has given the warranty for the car will pay up for the repair costs incurred. It is a deal between the car owner and the dealer regarding the quality of the parts of the car. The new car warranty is similar to insurance policies that provide coverage for your losses. One can select from various warranties available with the dealer. You should choose the one that suits you most appropriately.
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The aftermarket auto warranty, as its name suggests, is a type of warranty that can work on both the new car as well as the used car (aftermarket is generally taken to mean that one fits all). This is highly unlike any other warranty which is often specific to the type of car it covers – normally only a new car warranty would provide coverage for a new car and a used car warranty would provide coverage to a used car. It is also known as the extended warranty, particularly because it is used in combination of either of these warranties to extend either the life or the coverage of the existing warranty.Â
But in addition to this slight anomaly of the aftermarket auto warranty, we add that the aftermarket auto warranty can be obtained at any dealer or service provider after the vehicle purchase – regardless of when and where the vehicle was purchased. This may not apply to all however. The aftermarket auto warranty is like no other warranty because it is the only warranty that you would ever be required to purchase (although sometimes other warranties require a transfer fee to be paid for transfer of the coverage from one owner to another). In this sense, it is the equivalent of a service contract. The aftermarket auto warranty is however automatically transferable with the sale of the vehicle so long as it is still valid.
The new car warranty is one of the most convenient assets that the new car owner, especially the first time car owner, could ever have. It is designed to assist the new car owner with repairs and maintenance of the new car – a big help especially to the first time owner who may have taken a loan to be able to buy the car in the first place.Â
Of the things to remember with a new car warranty however, is that your warranty coverage for every detail on your car is not always covered. Make sure you ask questions about your new car warranty before signing papers, even if you think that the question is irrelevant. Make sure you understand exactly what the car dealer is selling you, and do not let him awe you with his big words and technical terms. The best way to do this is to research different aspects of the car purchase before you go in to a car dealer, including your new car warranty options. And remember, even if you are not paying for it, you are paying quite a fortune for the car, so make sure that you are happy with what you are getting first. Â