Car Warranty

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There are many types of warranties available for your car. When a consumer searches for a car warranty they are often looking for an extended auto warranty. However, every vehicle comes with a factory warranty that can be further extended with a vehicle protection plan or service contract. A car warranty is a warranty that provides collateral assurance or a limited guarantee that certain components of the car will be remedied with a replacement or repair if mechanical breakdown occurs during a specified period of time or mileage.

Bankrupt Brands and Dealerships: What to Do

While the economy may be slowly improving, companies are still going out of business. Suzuki decided a few months ago that it will no longer sells cars in the United States. This meant dealership closures nationwide. So, what happens when the dealership you purchased your car at goes out of business? Or, if you have an extended warranty, what happens when that company goes out of business? This article will give you the run down of what will happen and what you can do. 

Understanding Car Warranties

Not all car warranties are created equal. Car warranties differ between manufacturers and then they differ from what components are covered for how long. All of this can be a little confusing. Here are some ways to making your car warranty more understandable.

First, you want to find you warranty information. The warranty information may be in your owner’s manual or it may be in a separate warranty information booklet.  The warranty information booklet may look something like your owner's manual, only thinner.

Best Time to Buy an Extended Auto Warranty

When consumers are considering purchasing an extended auto warranty, not only do they need to look at the amount of coverage, but they need to look at when to purchase it.  You can either buy the warranty when you purchase the vehicle or after the fact. 

What Will Void a Warranty

A factory warranty is a contract between you and the car’s manufacturer. An extended auto warranty is a contract between you and the warranty company. They both promise to take care of any covered repairs, provided that you follow certain expectations set by the manufacturer or warranty administrator. But like any contract, it can be broken if you don't hold up your end of the bargain, so it is important to know what circumstances can void your warranty.

Extended Warranty Expiration: What Should You Do?