What is a factory warranty on a used car?

What does factory warranty cover on a car?

A factory warranty acts as a guarantee from your automaker to repair or replace any damage from defective materials or workmanship once you drive your vehicle off the lot. It’s the manufacturer’s promise that your car is in proper working condition when it’s sold to you.

How does car factory warranty work?

A vehicle warranty is like an insurance plan: If something goes wrong, you take the vehicle to the mechanic’s shop for repair. If the problem is included under the warranty, then the repairs are paid for—even if your car needs thousands of dollars’ worth of repair work.

What is the usual warranty on a used car?

Used car warranties are much less predictable. The most typical arrangement is a 3-month/3000 mile warranty that covers only major components such as engine, transmission and rear end.

How do I know if my car still has factory warranty?

Call your car’s dealership, and ask for a service technician or the service manager. Tell them you need to know if you still have a factory warranty on your vehicle. The service manager will ask for the VIN from your vehicle, and he will be able to tell you the in-service date and remaining warranty information.

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What’s included in my car warranty?

What’s covered under an extended car warranty depends on your specific warranty. In general, they can include the powertrain (engine, transmission, etc.), air conditioning, alternator, gaskets and seals, electrical components, safety restraints, and more.

What does 5 year 60000 mile warranty mean?

Powertrain: The powertrain warranty comes hand in hand with the bumper-to-bumper warranty, but it typically lasts a little longer; most automakers offer it for up to five years or 60,000 miles, whichever comes first. It covers only the parts that make the vehicle go: the engine, transmission, and drivetrain.

What does a basic warranty cover?

The basic, bumper-to-bumper warranty covers virtually everything in the car-including air conditioning, the audio system, and electrical components. It’s typically capped at three years and 36,000 miles; luxury brands like Jaguar and BMW extend the warranty to four years or 50,000 miles.

Who pays for warranty work on a car?

Generally, the manufacturer pays a lower labor rate to the dealer for warranty work. And, because the parts come from the manufacturer, the dealership can’t earn its usual markup on the cost of parts.

Can any dealer do warranty work?

Many people have a misunderstanding that they need to get the car serviced at the dealership to keep the manufacturer’s warranty intact. The fact is that you can take your vehicle to any auto service provider for general maintenance.

Do I really need a car warranty?

If you keep or lease your car for less than the length of your factory coverage, you do not — repeat, do not — need an extended warranty. If you plan on keeping your car until the wheels fall off, you might consider buying an extended warranty to cover repairs in the car’s fifth and sixth year or longer.

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Can you return a car you bought from a dealer?

The dealer who sold you the car is usually not legally obligated to take the car back and issue you a refund or exchange after you’ve signed the sales contract. … Some dealerships may allow you to return the vehicle if you’re unsatisfied or if the car has major mechanical issues, but only under special circumstances.

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