The vehicle industry can be a little confusing at times. There are so many different concepts and phrases. We’re often asked a variety of questions relating to warranties and guarantees, however, one of the most common questions asked is: What is the difference between a guarantee and a warranty?
Are there differences between vehicle warranties and guarantees?
Yes, there are differences between vehicle warranties and guarantees. Even though the words warranty and guarantee are often used interchangeably, there are differences between them.
A guarantee can be defined as a promise that is provided to a consumer when they purchase a particular product. This promise guarantees that the product will live up to its expectations for a certain period of time or you can ask for a replacement or your money back. In the case of a used vehicle, it’s impossible to offer a guarantee. A used car simply has too many wear and tear items.
A warranty is a type of policy where specific parts of a car are covered for a specific period of time. All new vehicles come with a warranty that differs brand to brand. The warranty for a brand new car is essentially a promise from the manufacturer that specific parts or defects will be repaired or replaced if there are any faults with them, within a specific period of time.
What is Mechanical Warranty?
While your ‘previously loved’ car is as good as new and gets you where you need to be, you always need to be prepared. Sometimes things don’t last as long as they’re supposed to.
You don’t want to be inconvenienced by an unexpected, expensive breakdown of your car. Nobody is prepared for the high costs of an emergency repair, you don’t want to find yourself in this situation.
Don’t worry, get a warranty. A mechanical or electrical breakdown can have a devastating impact on your budget. With Bidvest Insurance on your side, you can set your worries aside, and get the most out of your car.
Mechanical Warranty from Bidvest Insurance takes the sting out of unexpected mechanical and electrical breakdowns. Our Mechanical Warranty provides extensive cover for cars of various ages and kilometres. We make sure that your vehicle is well taken care of as it ages.