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Dealer WarrantyWhen buying a car, whether you are buying new or used, you may want to consider purchasing a warranty on the car. A dealer warranty is a warranty that the car dealer offers. The dealer warranty will have specific repairs that it covers for a limited amount of time. This can be helpful in protecting the buyer against buying a lemon vehicle.If you are considering buying a dealer warranty, make sure you read all of the fine print that comes with the warranty carefully. You will want to make sure that the time limit is reasonable, and that the repairs covered make the warranty worth the cost. The dealer will push the warranty strongly, because they make quite a bit of money of selling dealer warranties. Also, keep in mind that the repairs may have to be done at the dealership in order to be covered under a dealer warranty. More Glossary Terms Explained here |
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