Understanding the new car warranty is the only way to reap its benefits
In many states the provision of a new car warranty with any new car purchase is the law, a lot of prospective new car buyers pay little or no attention to the new car warranty during the purchasing transactions. They take it for granted that they have received a new car warranty, and even more dangerous, they simply assume that this means that all repairs or part replacements on the car is covered as part of the warranty.
Far from the case, the new car warranty can only benefit the new car owner who understands the new car warranty and how to use it. It is simply not a ‘go free’ card that is meant to cover the cost of all your repairs for as long as the warranty says it’s valid. On the other hand, the new car warranty usually comprises of several sections, all with stipulations and guidelines regarding what you are and are not entitled to as the holder of this warranty. The warranty may, for example, state that its coverage is for a total of five years, and you may well assume you are covered for all of this period. However, on closer examination, you will find that the basic coverage may only have been valid for three years – the other two would be engine coverage alone.Â