Looking for a used car can be trying to find the peach in all the lemons! When shopping for a used car, look for a Buyer's Guide sticker posted on the car's side window. This sticker is required by the FTC on all used cars sold by dealers. It tells whether a used car warranty is available. It also indicates whether the vehicle is being sold with a manufacturer warranty, or with implied warranties only, or "as is."
If the manufacturer's warranty is still in effect on the used car, you may have to pay a fee to obtain coverage, making it a service contract. However, if the dealer absorbs the cost of the manufacturer's fee, the coverage is considered a used car warranty.
Often it is a good idea to check out the different cars your thinking about purchasing and call your mechanic and see what cars tend to have more problems and what has the least problems. This way you can cut down on the costs of your used car warranty. Some cars who are known to have a cleaner record of not having many problems can cut the cost of your used car warranty and make it cheaper for you then if you had a car that is consistently breaking down and is poor quality.
There are two common types of implied warranties. Both are unspoken and unwritten and based on the principle that the seller stands behind the product. Under a "warranty of merchantability," the seller promises the product will do what it is supposed to do. A "warranty of fitness for a particular purpose" applies when you buy a vehicle on a dealer's advice that it is suitable for a certain use, like hauling a trailer. Used cars usually are covered by implied warranties under state law. A used car warranty is always good to consider as well.
If you buy a car "as is," you must pay for all repairs, even if the car breaks down on the way home from the dealership. However, if you buy a dealer-service contract within 90 days of buying the used car, state law "implied warranties" may give you additional rights.
Some states prohibit "as is" sales on most or all used cars. Other states require the use of specific words to disclaim implied warranties or another form of used car warranty. In addition, some states have used car "lemon laws" under which a consumer can receive a refund or replacement if the vehicle is seriously defective. To find out about your state laws, check with your local or state consumer protection office or attorney general.
A used car warranty can ease the burdens of buying a used car. A used car warranty is easy to obtain and allows for necessary repairs. You may not know what coverage a used car has when you buy it, in fact in may not have any at all. A used car warranty can help. You can have the peace of mind from choosing your own used car warranty. You'll know what it covers and when it expires. A simple Internet search can help you find reputable companies that will provide you with a good used car warranty. Research the certain used car warranty you like best and find the right company; all from the comforts of home. Valuable research on a used car warranty will pay off in the end.