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When Don Rowans had his craftsman ratchet replaced under its lifetime warranty, the process was smooth. However, Nicole Vance Cotan and her fiancée had a different experience when their used car's transmission failed six months after purchase. Despite having a limited lifetime warranty, their $7,000 claim was denied due to specific exclusions in the warranty agreement. The couple was upset as the dealership failed to honor the warranty, emphasizing the importance of carefully reading the fine print in warranty agreements. Lifetime warranties may have limitations, and verbal assurances are not always reliable. It is essential to understand what is covered and not covered to avoid potential issues.