What Is The Definition Of A Warranty

 It is important to know exactly what the definition is of a warranty is before you even consider the pros and cons of different types of extended warranties, and how it differs from the automobile warranties provided when one purchases a new vehicle and receives the applicable vehicle new car warranty.

All new vehicles including cars, trucks, and SUVs come with a warranty that is provided by the vehicle manufacturer. While this original warranty varies from manufacturer to manufacturer, these warranties usually cover most vehicle components for a specified period of time. While this is great for the buyer while the warranty is in effect, once the warranty expires, or while the warranty changes to a more limited coverage based on passing through a certain criteria (for example; either a certain number of months, or a specified mileage target), once there is no warranty of any kind, the owner of the car, pick up truck or sport utility vehicle, must assume the cost of any repairs.

For some people, this is not an issue because they choose to get rid of the vehicle by trading it in just before the warranty expires, or decide to sell it privately. There are also some people who lease their vehicle and choose to turn it in at the finish of their lease, and decide not to buy the vehicle outright at a price as set by the dealer.

In those cases where the individual wishes to keep their vehicle longer, for a variety of reasons, they now must face the prospect of paying for each repair no matter what happens, when, or why.

Generally speaking, once a vehicle reaches or surpasses the 100,000 milestone, this appears to be when a lot repairing issues start to surface. The reason is obvious. As more and more miles are put on the vehicle, there is more wear and tear - just like a human body starts to need some necessary attention.

Some vehicles just seem to need attention sooner than others and I'm sure your own research has turned up a number of vehicles, or manufacturers, or models that seem to require more repairs than others.

An extended warranty means that it is simply a service contract entered into between you (the car owner) and the warranty company. But, not all warranties are created equal and that is something you need to be very cautious about.

One of the biggest issues, first off, is the failure to read the entire contract. In some cases, all someone will initially show you is the marketing blurb where everything seems to be covered and what you are looking for.

Not reading the entire contract, and not seeking clarification of unusual clauses, or clauses clouded in mumble jumble could lead to big disappointment, and having to foot the bill for repairs you thought were covered.

One of the other issues is that not all extended warranties are offered for certain types of vehicles, so you are really out of luck when you try to find warranty coverage.

It's no secret that certain vehicles use parts that are more expensive than other vehicles, and it is no secret that repairing certain vehicle models cost you more in labour. And, if you happen to own one of these more expensive to maintain vehicles, then you should consider purchasing an extended warranty from a reputable firm. The fact is you may not save as much money as you thought if you do not have occasion to use the extended warranty. But, what is important to many people is that they have a greater peace of mind knowing that if anything major should occur, they are covered. This is somewhat similar thinking to house insurance for fire, theft, etc., where you hope you never have to use it, but you purchase it to protect yourself just in case.

So, you have an option to spend now on a good extended warranty, or you can foot the bill for repairs, if they happen, down the road. You have to decide what is best for you, and your type of car, truck, or SUV.

Chevy Trailblazer Extended Warranty . . . Our Friends