Although most people who have cars or other vehicles are aware about car warranty however some people are still ignorant about it. Same is specifically true for those who have bought new cars or depend upon others for getting car warranty. Car warranty is just like warranty for other commodities that are purchased by us in routine life. Other name used for car warranty is ‘mechanical breakdown insurance’ or MBI in short. As the name suggests, car warranty is meant to cover or compensate for the losses against any mechanical issues that may arise in your vehicle while driving or some other incidents as defined in the warranty cover by the relevant dealer. Some noteworthy points about car warranty that what to do and what not to do when buying a car as mentioned here under.
Type of car warranties– Almost all new cars need to get car warranty so that any losses can be compensated in case something wrong happens with the mechanical system of the concerned car. That is why most dealers make available warranties on new cars, used cars or for the currently running vehicles. It means all those people who are either buying a new car or a used car need to get warranties on their cars. Even they can get car warranty on a vehicle that is already possessed by them but doesn’t have a warranty. For this, the current mechanical condition of the car is considered so as to offer warranty accordingly.
Period of validity- Generally, car warranties or policies may last from 1 to 5 years. The period of warranty may even last for more time depending upon the condition of the car and the financial aspects associated with it. Some dealers may even offer car warranty depending upon its mileage or numbers of kilometres covered by it.
Car warranty coverage- Although the car warranties offered by various dealers may vary as far as coverage is concerned however there are some common things or points that are covered by almost all car warranties. In most of the car warranties, mechanical components or aspects of the car are essentially included. Some of the chief mechanical parts that are covered under any car warranty are engine, suspension, brake system parts, steering, gear box, electronics, fuel and ignition systems and non-frictional clutch. All these things are mentioned in the car warranty letter offered by the dealer to shun any issues afterwards. The car owners need to check the warranty cover letter carefully and get anything included or excluded as per their personal choice or requirements.
Cost of car warranty– Evidently, some amount of money is definitely spent in getting car warranty. The cost of warranty depends upon various things such as age of the car, make of the car and definitely its model. Also cost of warranties may vary with different dealers and the terms and conditions applicable thereupon.
Above-mentioned points clearly specify towards importance of car warranties for car owners. After all it is all a matter of your dear vehicle. Therefore you must be aware about all aspects of car warranty and get the same for your car.
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