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In general, an extended warranty can be used following a 30-day or 1,000-mile wait period. Some providers offer alternative waiting periods depending on driving habits, such as 60-day/500-mile or 90-day/200-mile waiting periods, and certain ?no-wait? plans exist, but they're exceedingly rare.

Dealers often suggest purchasing an extended warranty when you buy a car, but you can buy one at any time. Extended warranty coverage can vary widely, so be sure to carefully review the details of the specific warranty before purchasing.

It usually takes the form of an agreement or contract, and there are a variety of different types. Such guarantees generally run up to the final scheduled date of payment, and also include a grace period to allow the beneficiary to make demands in the event of non-payment.

You can buy an extended auto warranty directly from either a vehicle manufacturer or a third-party warranty company. Extended warranties from independent companies typically feature a wider range of coverage options and more flexible payment terms.

If that fails, try complaining to the Better Business Bureau and to your state attorney general or consumer protection office. Send a demand letter threatening to take the company to small-claims court. If it's an expensive product, contact a consumer attorney. (You can find one at naca.net.)

A warranty is a product manufacturer or service provider's documented guarantee of quality as promised to a customer. Warranties provide customers with legally-ensured service replacement or correction of issues insofar as the warranty stipulates in its conditions, for the duration of its term.

Warranty expense is an expense related to the repair, replacement, or compensation to a user for any product defects. In other words, a vendor or manufacturer is committed to repair or replace a sold product during a certain time period if it breaks or does not function properly ing to the terms of the warranty.

A warranty is a guarantee issued by a seller to a buyer that a product will meet certain specifications. If the product does not meet those specifications, the buyer can ask the manufacturer or seller to correct the problem. Certain exceptions apply, and not every defect is covered.

Express warranties Thus, representations about the quality of a product, its uses, and whether it is new or used are all warranties. For example, representations about gas mileage create a warranty about a car's performance in the sale of that good.

Many warranties are available for purchase after the fact, and they can provide coverage for a variety of issues that may arise with the car. However, it is important to read the terms and conditions of any warranty carefully before making a purchase, as there may be some limitations on the coverage.