Car Warranty Definition

A car warranty essentially states that the car you are buying is sold to you as factually stated or legally implied. There are usually measures included which offer repairs or replacement of parts not living up to the warranty.

Breach of Warranty

A breach of warranty occurs when a product is defective, or broken, to an extent that cannot be reasonably expected by a buyer.

Length

The average car warranty usually lasts one, three, five, or 10 years, and can often be extended for longer periods of time. Some warranties also stipulate the distance a car has traveled to stipulate length.

Service Contract

To further the duration of a car warranty, a service contract can be purchased from an independent insurance provider. This serves the same purpose as a car warranty.

Powertrain Warranty

Often a car manufacturer will offer a powertrain warranty on top of its regular warranty. This warranty protects the engine, transmission, and driveshaft, and often lasts longer than the basic car warranty.

Know the Terms

It is important to know the terms of your car warranty before purchasing your vehicle. Some warranties can be negotiated, and you will have to know what the current terms of the warranty are, in order to decide whether you agree or disagree with them.

References

• Extended Warranty Information.com
• Encyclopedia.com: Warranty

Resources

• Warranty Week.com