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Commonly Asked Questions about Warranty by Individual Seller

An express warranty is an agreement by a seller to provide repairs or a replacement for a faulty product, component, or service within a specified time period. Under the Magnuson-Moss Warranty Act, a company that provides a written express warranty must adhere to federal guidelines. Express Warranty: Meaning, Overview and Examples - Investopedia investopedia.com terms express-warranty investopedia.com terms express-warranty
You can buy a used car warranty from a car manufacturer or a third-party provider. Used car warranties come in various coverage levels, from bumper-to-bumper plans to basic powertrain protection.
Extended warranties dont cover everything that can go wrong with a purchase, and they are expensive to boot. Your purchase likely comes with a manufacturers warranty, and the retailer you buy it from may also stand behind it. The best credit cards also offer purchase protection.
Key Points: Youll have the option to purchase an extended car warranty at the time you buy your vehicle at your dealership or later through third parties. Many extended auto warranty providers offer multiple coverage options, ranging from bumper-to-bumper to powertrain coverage.
You dont have to buy the stores plan. Because several companies are happy to sell you warranties for products purchased elsewhere, you can shop for the best price for the product, then shop separately for the best warranty deal.
An implied warranty of merchantability applies when someone buys goods from a merchant. To be merchantable, goods must be fit for their ordinary purpose and pass without objection in the trade under the description; see U.C.C. 2-314.
A sellers warranty covers the homes systems and appliances while its on the market. Once the home is sold, the warranty can be transferred to the buyer for 12 months of coverage, starting the day after closing.
For the most part, you can buy a car warranty at any time. If youre buying a new vehicle that comes with a manufacturers warranty, chances are you wont need additional coverage, as its not often that major repairs are needed on brand new vehicles.