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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 Magnuson-Moss Warranty Act passed by Congress in 1975 requires a written warranty for a consumer product be labeled as full or limited. From auto manufacturers, all warranties are written, and ...
Warranty. In law, a warranty is an expressed or implied promise or assurance of some kind. The term's meaning varies across legal subjects. [ 1] In property law, it refers to a covenant by the grantor of a deed. [ 2] In insurance law, it refers to a promise by the purchaser of an insurance about the thing or person to be insured.
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 ...
Buying a car warranty from a manufacturer offers some benefits. For instance, your repairs will be completed by a factory-trained mechanic, and all replacement parts will be from the manufacturer.
Hyundai. Basic warranty: Five years/60,000 miles. Powertrain warranty: 10 years/100,000 miles. Anti-perforation warranty: Seven years/unlimited miles. Roadside assistance: Five years/unlimited ...
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