Insurances & Warranties
A Coggle Diagram about (Service contract questions , Whether the vehicle is likely to need repairs and, if so, the potential cost of repairs,
Whether there is a deductible and, if so, how much?
, Whether repairs and service can be performed at locations other than at the dealership, Whether the contract covers incidental expenses such as towing, Whether the warranty already covers the same repairs,
Whether there is a cancellation or refund policy and, if so, the cost
, Which repairs the contract covers, Whether the dealer or company offering the service is reputable and Whether you can purchase the service contract later ), Types of insurance coverages,
How insurance rates are set:
and Warranties (
As-is (no warranty)
No expressed or implied warranty.
If you buy a car and have problems with it, you must pay for any repairs yourself.
Some provinces do not permit “as-is” sales on used cars.
Warranty of mercantability—a product will do what it is designed to do.
Warranty of fitness for a particular purpose—a product will do what the seller promises it will do.
Always in effect unless the product is sold as-is or the seller says in writing that there is no warranty., Dealer warranties
Offered and specifically written by the deal
Terms and conditions can vary greatly.
Useful to compare warranty terms on similar cars or negotiate warranty coverage. and Unexpired manufacturer’s
Manufacturer’s warranty can sometimes be transferred to the new owner. There may be a fee for the transfer process. )