Consumer » Warranty http://consumer.laws.com Consumer Law- Consumer Reports, Consumers Energy, Consumer Cellular, Consumer Report Thu, 29 Sep 2016 15:43:48 +0000 en-US hourly 1 http://wordpress.org/?v=4.1.18 Car Warranty Overview http://consumer.laws.com/car-warranty http://consumer.laws.com/car-warranty#comments Sat, 04 Apr 2015 14:07:54 +0000
What is a Car Warranty?
A car warranty is a document that is delivered by the seller to the purchaser of a car at the time of sale; the car warranty is an assurance or type of guarantee that will provide the purchaser a form of repayment or replacement if the vehicle purchased does not perform as expected or fails to properly function.
A car warranty is offered in the form of a contract; each warranty will list specific functions and components of the automobile, that if prove defunct or ultimately fail will be replaced or refunded as promised by the car warranty.
Types of Car Warranties:
The two basic types of car warranty are those offered in the aftermarket (extended coverage warranties) and those provided by the auto manufacturer. Regardless as the type of warranty; however, the purpose of the car warranty is to provide coverage, in the form of monetary repayment, if the car is defunct and requires major repairs.
Manufacturer warranties, in contrast, are placed on new vehicle purchases and generally cover the power train—meaning the engine, transmission and other major components of the automobile. The manufacturer’s car warranty is typically offered for a limited period of time or for a certain number of miles.
Aftermarket car warranties may typically be purchased both used and new cars; the generic aftermarket car warranty will cover various components of the automobile depending on the specifics latent in the particular car warranty contract.
Manufacturer’s Warranty:
Every vehicle manufacturer in the United States offers some form of car warranty to the consumer base, though the specifics, meaning the period that the warranty is active and what the car warranty covers, will vary based on automobile and manufacturer. Some car warranties will cover virtually anything aligned with the automobile for ten or more years, while other types of car warranties will only cover catastrophic breakdowns or failures of the transmission, the engine, or other major components of the vehicle.
In addition to the seller of the automobile and the manufacturer, insurance companies may also provide types of car warranties. This form of aftermarket car warranty can be purchased on both used and new cars and may last longer or cover components that were not mentioned in the original warranty.
For instance, a common manufacturer’s car warranty will not cover parts or items of the car that are susceptible to wear, such as brakes or drive belts. That being said, an insurance company who offers a car warranty may provide coverage for these parts and their subsequent repairs.
Car Warranties for Used Cars:
While the typical manufacturer’s warranty will transfer over when a vehicle is resold to a second owner, many used cars are re-sold with an expired car warranty. In these prevalent matters, an aftermarket car warranty may protect the second purchaser from facing expensive repairs. As a result, it is always a prudent move to have a used car inspected before you purchase it.

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3 Facts You Must Know About Extended Warranty http://consumer.laws.com/extended-warranty http://consumer.laws.com/extended-warranty#comments Sat, 04 Apr 2015 14:07:53 +0000
What is an Extended Warranty?
Also known as a service agreement a maintenance agreement or a service contract, an extended warranty is a prolonged form assurance or guarantee offered to consumers at the time of purchase.
The extended warranty is delivered to the consumer when he or she purchases a product or service; when agreed upon, the extended warranty will uphold the underlying product or service’s basic functions and guarantee to the consumer that the good purchased will perform as expected. If the product or service is defunct or requires costly repairs, the extended warranty will be upheld by the provider in the form of replacement or repayment.
Who offers Extended Warranties and at what price are they offered?
An extended warranty may be offered by the administrator of the warranty or by the retailer of manufacturer of the product. Dissimilar to regular warranties, an extended warranty will require an additional cost, typically in the form of a percentage of the underlying item’s retail price. For example, in retail electronics, an extended warranty may cost between 20 to 30% of the price of a computer; 15 % of this additional cost is typically delivered to the sales associated—who sold the extended warranty to the consumer in the form of a commission.
Basic Principles of an Extended Warranty:
An extended warranty will provide protection against electrical or mechanical breakdowns; an extended warranty does not cover any peripheral items, any items that are susceptible to wear and tear, damages caused by computer viruses, normal maintenance issues, damages caused by accidents or user fault, re-gassing issues, or any consequential losses placed on the underlying product. 
The purpose of an extended warranty is to cover repair costs; in addition to the cost of repair, if the underlying product is faulty, the extended warranty may provide the consumer with a replacement. The value thus of an extended warranty lies behind the producer or organization who promotes and subsequently sells them.
The majority of consumer advocate groups throughout the United States recommend that consumers only buy extended warranties offered by the factory that produced or built the product. Furthermore, these groups also state that a consumer should only purchase an extended warranty if the agreement fits the individual’s budget. 
All extended warranties will include specifics that are relevant to the underlying product purchased. As a result, an extended warranty for a computer purchase will greatly differ from an extended warranty attached to the purchase of an automobile. It is thus, imperative to review your extended warranty, in detail, to have a strong grasp for what parts are included in your extended warranty and thus applicable for replacement or free repair.


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Discover the Legal Contexts for Apple Warranty http://consumer.laws.com/warranty/apple-warranty http://consumer.laws.com/warranty/apple-warranty#comments Sat, 04 Apr 2015 14:07:52 +0000
Legal Context for Apple Warranty
An Apple Warranty can be correctly and applicably noted as referring to an assurance offered by the software and electronics company Apple Inc., a leader in offering such products and services around the world, as to the potentially applicable further services due to the purchaser and owner of such a product or service.
An Apple Warranty could vary in terms of whether it is offered for the repair of a product which is not operating in the way in which it was advertised by Apple and which is found desirable by the purchaser of that particular item, or for the replacement of that item in the event that it cannot be easily or feasibly repaired. Alternately, an Apple Warranty could also vary in terms of whether it is granted for a specific period of time or for the entire duration of the period during which the relevant item is in the possession of the Apple Warranty recipient. 


Specific Apple Warranties
People who know or believe that they will be involved with Apple as purchasers of one or more of its various products or services can refer to information related to Apple Warranties in terms of the different subjects to which they can be applicable. Some of the different Apple Warranty categories considered in this way include:
iPod and iSight Warranty
Hardware Warranty
iPhone Warranty
Accessory Warranty
Parts Warranty
iPad Warranty

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Don’t Miss Out on These Important Facts About Car Warranty http://consumer.laws.com/warranty/car-warranty http://consumer.laws.com/warranty/car-warranty#comments Sat, 04 Apr 2015 14:07:51 +0000

General Legal Context for Car Warranties

A car warranty might applicably and usefully be understood in the general context of the basic field of warranties as legal instruments and mechanisms for the protection of the consumers of products or services in a commercial context.

As such, car warranties can be secured, along with similar if not identically functioning warranties for other commonly needed or desired products and services, in order to provide both for the particular consumer’s access to the benefits of transportation and mobility inherent in an automobile and for the potentially significant monetary investment represented in the possession of an automobile. 

Specific Application of Car Warranties

A car warranty will typically be granted by the manufacturer of the automobile, and might accordingly be referred to as a new car factory warranty. Some of the conditions commonly found to be applicable to car warranties granted to purchasers include those of the plan’s duration for a base period of 1 year, and more regularly for the extended period of 3 years. A relatively long and extended car warranty, according to the practices applied to the U.S. automobile market, can be expected to last for a 5 year period.

A car warranty might be less readily available, or not accessible at all, in the alternative context, and generally otherwise less financial burdensome, context of used-car sales. Used car warranties are potentially available, but can be expected to function in somewhat different ways. A car warranty not given by the manufacturer might be alternatively titled a motor vehicle service agreement or service contract. 


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All You Need to Know About Warranties http://consumer.laws.com/warranty http://consumer.laws.com/warranty#comments Sat, 04 Apr 2015 14:07:51 +0000
What is a Warranty?
In business and various legal negotiations, a warranty is a type of assurance offered by one party another. The warranty, in this agreement, will include certain facts or conditions revolving around a product or service purchased. When the facts or conditions are delivered in a warranty, they act as a guarantee and enforce a legal obligation for the provider. The user or purchaser therefore will subsequently rely on the warranty to guarantee the delivery of the conditions and facts latent in the document. 
In essence, a warranty provides a purchaser of a good or service with a full guarantee, that if the service or product does not meet the conditions provided in the warranty, the purchaser will have the legal right to seek some type of remedy or repayment. 


Basic Types of Warranties:
A warranty can be attached to a number of products or services; in real estate transactions, for instance, a general warranty deed is a promise that the buyer’s title to a particular place of land will be adequately defended. A limited warranty, in contrast, is a promise that the title will be defended only against a limited set of claims, which include claims that arise from encumbrances executed by the grantor.
Thus, through these basic definitions, it can be observed that a general warrant deed binds the grantor to defend the title of the property against all claims even those which arise from previous owners; while, a limited warranty deed will typically bind the grantor to defend the title against any claims which may arise from when the grantor held the title to the property.
Implied Warranty: This type of warranty typically arises from the general nature of the transaction and the inherent understanding delivered by the buyer. This relationship is held in contrast from the express representations of the seller. 
Lifetime Warranty: The lifetime warranty is delivered as a guarantee for the lifetime of an underlying product. The lifetime warranty is not attached to the consumer but the product purchased; if the underlying product has been discontinued and is no longer available for purchase, the warranty will last a limited time. Lifetime warranties are typically attached to consumer products; if the product, for whatever reason, breaks or fails to perform its implied function, the purchaser has the right to seek some form of repayment from the retailer or manufacturer who sold the good.
Second-hand product Warranty: This type of warranty is attached to products that were previously used by a business or consumer. The Second-hand product warranty may be attached to those products that are re-sold; a common good or product that will possess a second-hand product warranty is a used car. 


Breach of Warranty:
A warranty is breached when the promise is not fulfilled; when goods or a service are not delivered as expected or labeled in the warranty, the producer or provider is legally responsible to repay the consumer in some form. The seller therefore, must honor the warrant by making a timely refund or replacement to the seller. That being said, each warranty will possess a unique statute of limitations that typically starts upon the date of delivery. 


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Powertrain Warranty At A Glance http://consumer.laws.com/powertrain-warranty http://consumer.laws.com/powertrain-warranty#comments Sat, 04 Apr 2015 14:07:51 +0000
What is a Powertrain Warranty?
A powertrain warranty is a form of assurance offered by the manufacturer of an automobile. When a consumer purchases a vehicle, at the time of sale, he or she will be given a powertrain warranty, which will cover all or part of the powertrain of the underlying automobile. When a mechanical problem occurs to the powertrain the costs associated with repair or replacement are covered in the powertrain warranty—the manufacturer or dealer whole sold the automobile will pay to have the car fixed. That being said, what parts are covered and the extent of the repayment associated with fixing the car will vary greatly based on the powertrain warranty offered. 
What is the Powertrain?
The powertrain consists of the engine, the transmission and the drivetrain; if any of these fundamental parts of the car are defunct or breakdown, the powertrain warranty will kick-in and provide the purchaser with a replacement or repair of the parts at no cost. 
In essence, the powertrain of an automobile is the system that is responsible for powering the car; the powertrain transfers energy to the transmission, which then transfers power to the wheels of the car. 
Basic Principles of a Powertrain Warranty:
The powertrain warranty is an effective marketing tool that is used by producers and sellers of cars to entice buyers. When the powertrain was first offered, it was considered a great tool and benefit; however, modern-day car manufacturers now offer a powertrain warranty on the majority of their vehicles. The powertrain warranty has become fundamental in the purchase agreement of a car because of the increased competition found in the auto industry. 
As is common with any contract, the fine print and the specifics latent in the document make all the difference. As a result, you must carefully examine, at the time of purchasing an automobile, the powertrain warranty and the specifics associated with it. 
Depending on the manufacturer, a powertrain warranty will provide different forms of coverage based on interpretative differences; for example, one manufacturer’s definition of an engine can be referred to as a ‘long block’, meaning the engine, as well as everything attached to it cannot be removed. Another definition of an engine can be a “short block” meaning only part of the engine—typically the piece below cylinder head—cannot be removed. As a result, the coverage abilities will vary between these two warranties if the engine proved to be faulty.
In addition to the engine, the type of automobile will necessitate different variables within the powertrain warranty. For example, if you purchased a manual transmission vehicle, the warranty may exclude repairs or replacements for important pieces, such as the clutch—an extended warranty for a manual transmission will typically only provide coverage for the driveshaft and the axles.
How long does an Extended Warranty last?
A powertrain warranty will last for a certain number of years or for a maximum number of miles. In most instances, the powertrain warranty will last longer than a typical car warranty; the basic powertrain warranty is offered as a 10 year or 100,000 mile warranty, or whichever comes first. 


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