Automobiles

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 states do not permit "as-is" sales on used cars.

Implied warranties

• Warranty of merchantability -- 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 dealer.
• Terms and conditions can vary greatly.
• Useful to compare warranty terms on similar cars or negotiate warranty coverage.

Un-expired manufacturer's warranties

• Manufacturer's warranty can sometimes be transferred to the new owner. There may be a fee for the transfer process.