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The new car warranty from a commercial point of view


The new car warranty is meant to provide the owner of the new car with an assurance, so to speak, from the vehicle manufacturer that his new vehicle is of the advertised quality.  Once the new owner takes the vehicle home and finds that it does not function as the manufacturer said it would, then he would be fully entitled to either have the manufacturer (or dealer) repair or replace the cause of the problem at no cost to himself, or he could opt to have his vehicle replaced with another.

Without the new car warranty, the manufacturer would in no way be responsible nor would he be held liable for anything that goes wrong with the car after its purchase.  It is very rarely the case however that a manufacturer would issue a vehicle without the new car warranty, for this is also the manufacturer’s way of assuring the public of the best quality vehicles that they produce, and by extension it is his way of marketing either his name or the vehicle type in question.  For the very reason also, most manufacturers pay careful attention to honoring the claims made by clients – so long as it is with reason. 

Warranty for your new car

 

After buying a car there are a number of recurring expenses that an owner has to bear. These expenses are related to the maintenance and servicing of the car. Whenever you travel by your car there always exist a risk that some or the other problem can creep in the car’s machinery. Car is a complicated machine and it is composed of a number of parts. There are always chances of some or the other part going wrong.

Money spent in getting the car fault corrected is only an extra expense.

Is there a way to get rid of this expense?

Yes, certainly there is. Whenever you buy a new car there is an option you can choose. This option is to get your car warranted. The new cars are warranted by a few companies against fees. This fee that is charged may appear to be big initially, but it certainly is an investment that would help you save lots of money that you will have to spent to get your car repaired.
The new car buyers can get this warranty done either through the dealer or directly through the company that is providing this facility. One should not miss this opportunity while buying a new car.

Car warranty for new car owners

The new car owners can get a facility that is known as the new car warranty that is aimed at providing a security with the new car.  The car warranty is meant to cover your expenses related to the car faults and the maintenance. There are a number of programs that vary in term of the duration of the warranty as well as the premium that is required to be paid at the time of buying the new car.

There are basically three factors that govern the initial cost that one would have to pay to get the car warranted. These three factors are the duration of the car warranty, the maximum cover and the cost of your car.

This is only a one time pay car warranty plan that would help you get a reimbursement for all the car expenses that you bear after you get the warranty done.
The car warranty providers have links with the car dealers, so that any person who is interested in getting the car warranty done can easily enrol for a particular plan. One may check the various plans available and should go with the one that is flexible as well as profitable.

Genuine warranty


Warranty is a service rendered by the dealer towards repair and maintenance of the vehicle for a fixed period of time. The warranty takes care of the cost of the repair and replacement of minor spare parts. However, the warranty does not take care of the cost of certain parts. In a warranty, there are two categories. The first category is new car warranty, issued to brand new cars. The second category is aftermarket auto warranty, issued to used cars or pre-owned cars.

The new car warranty is issued by the vehicle dealer in association with a third party vendor. Before finalizing the warranty, evaluate at least six different offers from various third party vendors. The warranty takes care of the vehicle’s drive train, power train, engine, steering mechanism, brake mechanism and other technical aspects.
The new car warranty is available in two options. The first option is based on the distance covered by the car. It could be between 3,000 miles to 30,000 miles covered by the car from the date of its registration. The second category is the number of days. It could be between three months to 30 months. The warranty period will be available against these two options. It is recommended that a car owner opts for a flexible warranty. It will give the car owner the option of changing the warranty if the service provided is dissatisfactory.

Select warranty carefully


Any car that is on the road is eligible for repair and maintenance from the dealer for a fixed period of time. This service is called auto warranty. The dealer will take care of the repair and maintenance of the car, but is not responsible for replacement of expensive spare parts. Only those spare parts, which are covered under the warranty, are eligible for replacement. In auto warranty, there are two categories. The first category is the new car warranty, which is issued to bran new cars. The second category is the aftermarket auto warranty, issued to pre-owned cars or used cars.

According to the US law, all dealers have to necessarily issue aftermarket auto warranty to used cars. If this rule is not followed, used car owners call pull the dealer to the court of law. Aftermarket auto warranty takes care of the vehicle’s drive train, power train, engine, brake mechanism and steering system. This comes under the basic form of warranty. There is another form called bumper-to-bumper warranty, which takes care of the vehicle end-to-end. This is called a comprehensive warranty. Therefore select the aftermarket auto warranty carefully. Review at least five different forms from third party vendors before finalizing the warranty.

The right time to invest in an aftermarket auto warranty

Often if you buy a new or used car you would be issued with some type of warranty coverage.  Whether or not you are satisfied with the terms of coverage provided to you would depend on the use to which you plan to put your vehicle and the period of ownership that you would expect with your current vehicle.  These and only these should be the biggest influential factors in determining whether or not your warranty is right for you.  If you do decide that you are not satisfied with you existing coverage, then the simplest alternative is to invest in an aftermarket auto warranty.  This warranty can be used in combination with you existing warranty to provide an additional range of featured coverage or even to alter the terms or conditions of your warranty somewhat.

The aftermarket auto warranty is a good idea for example if you plan to keep your vehicle for a long time and you wish it to be covered during the majority of this period.  It is also a good idea to invest in the aftermarket auto warranty if you wish your coverage to cover all the parts of your car as opposed to only the listed parts on your existing coverage.

The coverage provided by new car warranties

The new car warranty is a coverage plan provided by the new vehicle manufacturer as they assure you of the quality of car that you have purchased from them.  Essentially it is supposed to be a guarantee that the vehicle would perform as specified in the user’s guide, and any deviations to the fact would be covered by the manufacturer until a period specified.

Despite the manufacturer’s guarantee that nothing should go wrong with your car during the period of coverage, one would find that general maintenance and wear and tear damages on the car do occur from the moment you drive it.  Most new car warranties therefore tend to shy away from including such provisions within the coverage that they provide.  Sometimes though, you would be able to benefit from special deals which facilitate free servicing for a limited time period, after which you would have to pay for the regular maintenance of your vehicle by the company (since most warranties also stipulate that only the warranty authorized companies should service their vehicles).  Also, while it is hardly likely that the new car would suffer a breakdown within the first few years of its purchase (that is, during the warranty period), do tend to include breakdown coverage within their warranty contracts.

After Market Auto Warranty

Most of the manufacturers of a vehicle offer a warranty when the vehicle is purchased. But the warranty is only for a limited period of time or a limited mileage distance. After the manufacturers warranty expires all the repairing and unexpected breakdown costs have to be borne by the buyer of the vehicle. Many have to wait for years, saving every dime, or opt to apply for loans with high interest rates and in the mean time the maintenance cost keep on rising higher and higher. In such cases the best option is an After Market Auto Warranty. The aftermarket auto warranty program takes effect when the warranty period of the new car expires. With this aftermarket auto warranty program, various dealers of auto companies have experienced significant customer growth.

Many think that the car insurance can fulfill this purpose but this is not the case. Most of the car insurances cover costs in case of an accident and have an entirely separate option of maintenance and repair coverage. But, opting for an After Market Auto Warranty seems to be an intelligent choice, since these warranties can actually get you a discount on the costs of repairs or spare parts that need to be replaced. This will save you more money in the long run.  

Used Cars warranty

Car warranties are required to reduce the risks involved while using a used car. These car warranties are very helpful for getting the care repaired for free. Whenever a person buys a used car, some companies provide these warranties. The warranties can be claimed only when you have a specific problem, which is covered under the warranty agreement. A person who has a car warranty can also get the spare parts for free.  

If one is interested in getting such a car warranty, then an agreement is signed between the company and the car buyer, which carries the details of the warranty signed. The warranty covers most parts of the car but does not cover the labor charges that might be incurred while getting the car serviced or repaired.  

Car warranties are meant to provide the customer with a kind of security, which ensures that they are covered for any unexpected incidents with their car. While applying for the warranty a small amount of fee is usually charged. This amount is calculated on the duration for which you want the warranty for. The second factor that decides the warranty’s amount is the number of parts you want your car to be covered for. Thus, car warranties are a must when buying a used car. It adds peace to your mind and saves your money.  

Functionality of New Car Warranty



When you are planning to purchase a new car it is suggested that you confirm the new car warranty, which comes with the car. Not all the new car warranties offer the same benefits to the owners. A warranty gives the owner a shield against any major expenditure, in case of breakdown or mechanical failure. A general warranty covers major failures like the transmission, engine, belt drive and transaxle. The best guaranties even cover heating, antilock brakes, air conditioning, overheating, air bags and most of the computer systems and accessories.

New car warranties apply to new automobiles and are valid even if the vehicle changes hands. A full warranty of the manufacturer gives all the necessary services to the owner almost at no cost. It even allocates diagnosis of all the covered systems, and reinstallation and removal of all the covered components inside a system. Several dealers make an alternative car available for the duration of emergency and scheduled service events. This helps owners to carry on with their regular schedule without any hindrance.

New cars that are driven out of a dealership are covered fully by the manufacturer’s warranty. Increased consumer demand for them has forced dealers to bundle warranties as a part of the promotion package.



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