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An extended warranty is worth your time if your car isn't extremely reliable and you wouldn't necessarily be able to pay for major repairs right now. If you purchase a used car from a dealer, an ...
An extended warranty is coverage for electrical or mechanical breakdown. It may or may not cover peripheral items, wear and tear, damage by computer viruses, re-gassing, normal maintenance, accidental damage, or any consequential loss. [ 2] Most state insurance regulators have approved the inclusion of normal wear and tear, accidental damage ...
Automotive warranty. An automotive warranty is a guarantee provided by a vehicle manufacturer or a third party, ensuring that any defects or issues with a vehicle will be repaired or addressed within a specified period after purchase. [ 1] This warranty is most often an important aspect of purchasing vehicles since it provides buyers with ...
The dealership may offer an extended warranty when you buy your leased car. This policy kicks in after the manufacturer's coverage is up, and unlike that coverage, you'll have to pay for this ...
The Magnuson–Moss Warranty Act (P.L. 93-637) is a United States federal law ( 15 U.S.C. § 2301 et seq. ). Enacted in 1975, the federal statute governs warranties on consumer products. The law does not require any product to have a warranty (it may be sold "as is"), but if it does have a warranty, the warranty must comply with this law.
In the case of hybrid vehicles this warranty is extended to the electric propulsion components (electric motor/generator/starter, battery, inverter, controls) and their mechanical interface to the driveline. However, the high-voltage battery warranty is limited to ten years (but still 150,000 miles). See California AB 1493.
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