Vehicle Warranties and How They Work S4E14

Have you ever bought a car and wondered what the warranty actually covers? Vehicle warranties can seem complicated, but they don't have to be. In this audio, we'll walk you through everything you need to know about auto warranties so you can make an informed decision when purchasing your next car. Originally, warranties were meant to provide peace of mind to buyers that manufacturers stood behind their vehicles. These days, warranties have also become an important part of marketing new cars. Manufacturers offer different warranty packages to differentiate themselves and attract buyers. When you're shopping for a new car, pay close attention to the warranty. Most new vehicles come with a basic warranty that covers repairs to defects in materials and workmanship for 3 years or 100 000 km. Some automakers also include roadside assistance and free scheduled maintenance for a set period. Some brands have now started to offer higher coverage - up to 10 years and 200 000 km on powertrain components. The warranty is more than just marketing though. It's a promise to fix anything that goes wrong due to normal use during the coverage period. Carefully read what's covered and any limitations or exclusions. Ask your dealer to explain the fine print. Also find out if the warranty is transferable if you sell the vehicle. We hope this overview gives you a better understanding of new car warranties. They provide real protection and peace of mind. When comparing vehicles, look at the warranty coverage to see which automaker stands behind their product. And be sure to get any promises in writing before you sign the paperwork!Become a supporter of this podcast: https://www.spreaker.com/podcast/talking-business-with-mark-and-john--5696935/support.