What is statutory warranty on a used car?

A statutory warranty lasts for three months or 5000 kilometres after purchase, whichever occurs first. The trader must repair any faults covered during the warranty period in order to ensure the car is in a reasonable condition for its age.

What is the usual warranty on a used-car?

The typical auto warranty coverage is 3-years/36,000 miles — meaning a warranty that covers needed repairs in the first three years you own your car, or for the first 36,000 miles you drive it, whichever comes first.

What is the difference between a new car manufacturer’s warranty and a used-car statutory warranty ‘?

Statutory warranties for used cars are valid for three months or 5,000 kilometres from the date of purchase. Manufacturer’s new car warranty. Every new vehicle is covered by a manufacturer’s warranty. The standard length of a manufacturer’s new car warranty is three years or 100,000 kilometres.

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Do second hand cars have warranty?

Many used cars are sold with a three-month warranty, some have one year while others may have none. This is entirely legal. Although warranties do not have to be offered Lawgistics recommend car dealers provide customers with something in writing (dealer guarantee, claims procedure or simple terms and conditions).

Is buying a warranty for a used car worth it?

In general, we don’t recommend buying an extended warranty on a used car. … This means you’ll likely spend more on the extended warranty — $3,000 or more, in some cases — than any repair costs your car may accrue during the period when the warranty stays valid.

Who has best used car warranty?

Top 5 used car warranty companies

Used Car Warranty Company Mileage Limit Overall Rating
Carchex 250,000 miles 8.6
Endurance 200,000+ miles 9.2
CarShield 300,000 miles 8.4
Protect My Car 125,000 miles 8.5

Does used car warranty cover timing belt?

As a rule, extended warranties do not cover scheduled maintenance items such as oil changes, timing belt replacements or tune-ups. Most extended warranties don’t cover items that wear out, such as brake pads and windshield wipers.

Is a car battery covered under manufacturer’s 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 covered in statutory warranty?

Used car statutory warranty

The warranty is valid for three months or 5,000km from date of purchase. This warranty covers most items on a car related to safety, reliability and roadworthiness.

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Do you have to go to the same dealership for warranty?

Do you know many car owners end up purchasing auto service contracts from the dealership to keep the manufacturer’s warranty intact? If you are one of those, you need to know that it is not necessary to take your car for service to the dealership during the warranty period.

What happens if a car Cannot be fixed under warranty?

What happens if the dealership can’t fix my car under warranty is that the dealership may be required to either repair the car or replace the vehicle with another vehicle. … If it is something serious, it increase the strength of your potential lemon law or auto fraud case.

Can you return a used-car if it has problems?

While there are some federal Lemon Laws protecting consumers, individual states may also have their own laws regarding defective vehicles. … If the defect is unable to be fixed after several attempts, the owner may be able to return the car in exchange for compensation or a replacement vehicle.

Is bumper to bumper warranty worth it?

Bumper-to-bumper extended warranties are worth it in that they offer the ultimate peace of mind. With comprehensive coverage, you won’t have to worry about covering costly repairs as your vehicle ages. However, bumper-to-bumper protection plans are often the most expensive coverage options.

What is a fair price for an extended car warranty?

What’s The Average Extended Car Warranty Cost? Based on our research, the average extended car warranty cost is about $2,550, though it can range from $1,000 to $4,500 or more depending on the plan.

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Why extended warranties are a waste of money?

Extended warranties are rarely worth your money. Products don’t break on their own, and when they do, the price of repairs is usually lower than what you’d spend on an extended warranty. … In most cases, it’s best to skip the extended warranty and use your extra cash to build up an emergency fund.