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What is an implied warranty?In: Used Car Buying |
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Implied Warranty
State laws hold dealers responsible if cars they sell don't meet reasonable quality standards. These obligations are called implied warranties � unspoken, unwritten promises from the seller to the buyer. However, dealers in most states can use the words "as is" or "with all faults" in a written notice to buyers to eliminate implied warranties. Furthermore, private sellers are usually not covered by the implied warranties of state law. There is no specified time period for implied warranties. The most common type of implied warranty is the warranty of merchantability: The seller promises that the product offered for sale will do what it's supposed to. That a car will run is an example of a warranty of merchantability. This promise applies to the basic functions of a car. It does not cover everything that could go wrong. Breakdowns and other problems after the sale don't prove the seller breached the warranty of merchantability. A breach occurs only if the buyer can prove that a defect existed at the time of sale. A problem that occurs after the sale may be the result of a defect that existed at the time of sale or not. As a result, a dealer's liability is judged case-by-case. A warranty of fitness for a particular purpose applies when you buy a vehicle based on the dealer's advice that it is suitable for a particular use. For example, a dealer who suggests you buy a specific vehicle for hauling a trailer in effect is promising that the vehicle will be suitable for that purpose. If you have a written warranty that doesn't cover your problems, you still may have coverage through implied warranties. That's because when a dealer sells a vehicle with a written warranty or service contract, implied warranties are included automatically. The dealer can't delete this protection. Any limit on an implied warranty's time must be included on the written warranty. In states that don't allow "as is" sales, an "Implied Warranties Only" disclosure is printed on the Buyers Guide in place of the "As Is" disclosure. The box beside this disclosure will be checked if the dealer decides to sell the car with no written warranty. In states that do allow "as is" sales, the "Implied Warranties Only" disclosure should appear on the Buyers Guide if the dealer decides to sell a vehicle with implied warranties and no written warranty. A copy of the Buyers Guide with the "Implied Warranties Only" disclosure is available here.
Here are more opinions and answers from other WikiAnswers Contributors:
- The dealer advertised the vehichle had a " cd " player it does not work! The vehicle had a problem with the clutch that almost caused me to wreck that he had said to have fixed! I questioned him on the smell of a burning clutch he said it was the radiator paint from which it was just sprayed after being repaired, it turned out it was the clutch burning and it caused the transmission to go out do to the clutch failure! These were all things that were a word of mouth promise to be of working condition!
First answer by anonymous. Last edit by ID0000000000. Question popularity: 265 [recommend question]
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