Pro-rata? … Usually, if a car battery comes with a 48 months warranty, the first 24 months will be the full free replacement warranty period, while the remaining 24 months will constitute the pro-rata warranty period.
What is a prorated battery warranty?
With a prorated warranty, you will have to pay for some of the replacement battery’s cost. What this means is that the battery manufacturer will cover part of the defective battery cost. Let say a prorated battery with a 5-year warranty fails in 2.5 years. … You will be refunded only 50% of the purchase price.
Are car battery warranties prorated?
If your battery is three years old, you will pay a per month charge from the original purchased date to get a replacement. Unfortunately, the prorated cost in the 3-4 year period is sometimes higher than the original battery cost. If this is the case, look for a new battery that has a longer free replacement period.
What does Pro-Rata warranty means?
Pro-rata Warranty: Under this warranty, if an item fails before the end of the warranty period, it is replaced at a cost that depends on the age of the item at the time of failure. … This type of warranty sometimes is also called partial warranty, since only a part of the initial cost is covered.
How long is a warranty on a car battery?
Your car’s battery is usually covered by a limited bumper-to-bumper warranty. Car battery warranties typically last for two years or 24,000 miles, even if the bumper-to-bumper warranty lasts longer. You should also know that most extended car warranties exclude batteries from their coverage.
How is prorated battery warranty calculated?
The customer pro-rated charge for a replacement battery is calculated based on the Retail Price shown on the Mobile Battery Price Sheet (not the actual selling price). A “warranty cost per month” is calculated by dividing the battery price by the number of months in the offered warranty.
How is pro rata battery warranty calculated?
Let’s say a company offers a 60-month warranty on its car battery, of which the first 30 months is the free replacement warranty and the remaining 30 months is the pro-rata warranty. … 1 – (months of use/ total warranty period) x 100. Different companies have different ways of calculating the discount.
How do I claim a battery warranty?
Call us at 18004254848 (Toll free BSNL number) and 9840954848 (SMS or call) to find the nearest battery dealer to you. Check for the date of manufacture for claiming your warranty if your battery has failed under warranty period.
Is a dead battery covered under warranty?
Batteries: Most automakers will cover regular 12-volt batteries under the bumper-to-bumper warranty in cases where the battery is defective. If the battery is drained and you have roadside-assistance coverage, most automakers will send someone out to give you a jump start.
What is the average lifespan of a car battery?
The average car battery will last three years, though this could be affected by your battery brand, vehicle type, area’s climate, car care, and driving patterns.
What is FOC and pro rata in battery?
Warranty Period: Comprises of FREE REPLACEMENT and PRO-RATA. The label on every Exide battery specifies the total number of months covered by the free replacement period and the Pro-Rata period for batteries fitted in private cars, multi-utility vehicles, two-wheelers, inverters, gensets and solar applications.
How do you calculate pro rata?
The amount due to each shareholder is their pro rata share. This is calculated by dividing the ownership of each person by the total number of shares and then multiplying the resulting fraction by the total amount of the dividend payment. The majority shareholder’s portion, therefore, is (50 / 100) x $200 = $100.
What is flat and pro rata warranty?
This means that if an item fails before the end of the item’s warranty period, it is replaced or repaired as per usual, however, only for the amount based on a cost that depends on the age of the item at the time of failure.
How do I know if my car battery has a warranty?
The warranty date code is located on the top label of the battery. The first character is either a P or S. The next two digits determine the month, the third digit is year and the fourth digit indicates the manufacturing plant. For example, P 097N means the battery was made in September 2017.
How does a battery warranty work?
How do pro-rated warranties work? Let’s suppose a battery has a five-year warranty, with the first two years offering free replacement. That means if the battery fails anytime within the first two years of service, it is replaced for free. After those first two years, a pro-rated fee is assessed for the replacement.
What car battery has a 5 year warranty?
Motorcraft Tested Tough Max Battery
This reliable battery option comes with a three-year full replacement and an extended five-year pro-rated warranty. In addition, Motorcraft includes a premium alloy grid to aid in extended battery life even in high-temperature environments.