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Don Rowans had a craftsman ratchet that broke, and the Sears clerk replaced it with a new one under its lifetime warranty. However, Nicole Vance Cotan and her fiancée were not as lucky with their used car's limited lifetime warranty when the transmission blew after six months, causing a denied $7,000 claim. The warranty doesn't cover damage from alterations, although the couple was told otherwise. It's important to read the fine print of warranties carefully, as "lifetime" could mean the product's expected lifetime, and "limited lifetime warranty" means there are limitations to coverage. Don't rely on verbal promises, always check the warranty details.