When buying a car, there are several kinds of warranties to be aware of. First is the manufacturer’s warranty. All new cars come with this warranty and some newer used cars have warranty still remaining on them. Second kind is the service contract that you may purchase with used cars. Oregon law requires dealers who sell service contracts to disclose the terms of the warranty to the consumers before they purchase them. Third kind of warranty is the promise the dealer makes, written or oral, during the sale of the car. Some examples are, “this car has a new engine,” or “this car has never been in an accident.” Make sure to write down everything the dealer promises, because even if you buy the car “as-is” you may have received some of these warranties.
Photo by Dan Moyle