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Warranty
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| Implied Warranty |
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| Updated |
Jul 7, 2004 20:36:19 |
| Rating |
 20 ( -6 -30% ) |
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Description:
The implied warranty is decreed by law and is implicit on every purchase you make, including cars. This is included in the sales price of the vehicle. An implied warranty covers almost every new and used car purchased from a dealer. Every state has laws to ensure implied warranties will be honored. An exception is when a dealer has put it in writing that they do not apply, such as listing a vehicle "as is."
The length of implied warranty coverage varies from state to state but is usually limited to 12 months or 12,000 miles. The manufacturer can limit the time implied warranties are in effect, but only if this limitation is expressly written on your warranty. Under the terms of the implied warranty, the manufacturer is not responsible for expenses incurred for the loss of your transportation while the vehicle is being repaired. In other words, you pay for your own rental car or taxi for the duration of the repairs.
Note: Implied warranties are in effect even if problems arise that are not covered by a written warranty or if no warranty was provided.
The two warranties implied by law are a warranty of merchantability and a warranty of fitness.
A warranty of merchantability guarantees that your vehicle will operate and provide safe, efficient transportation. A warranty of fitness guarantees that if the dealer says a vehicle can be used for a specific purpose, it will perform that purpose. For example, if you tell the dealer that you want a vehicle that will pull a trailer, then the vehicle you purchase has to be able to do just that.
Claims made by the salesperson are also considered to be warranties. To guarantee they're being honored, make certain you get these claims in writing. This is known as an expressed warranty and is covered by the Magnuson-Moss Act. |
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